The Veralon Views blog is an extension of our partnership with leaders who are transforming the healthcare industry. Here, we share expert perspectives from our nationally recognized senior consulting team on issues that are key to the success of your organization.
Strategic planning is not a new concept in healthcare, but the practice is constantly evolving with the industry. Each organization needs to develop a planning process that fits its internal culture and process, building off the fundamentals of strategic planning. The graphic below showcases the healthcare strategic planning process and its four major activities. This […]
The median loss per physician employed by a hospital or health system totaled more than $249,000 in 2023. Now, as hospitals face their biggest financial crisis ever, hospital leaders must consider: “Is there a better structure for our physician enterprise?” The pain points that hospitals and physicians experience under an employed physician enterprise model are […]
In this video, Keith Wysocki, a Manager with Veralon, describes the best practices in onboarding new board members so they can begin making a meaningful contribution. To learn more, please contact Keith at kwysocki@veralon.com.
Every organization wants a strategic plan that’s dynamic and doesn’t just “sit on a shelf.” But how do you keep it relevant and focused over three to five years of dynamic change? Review and update the plan each year, but don’t waste time diving too deeply. When preparing for an annual update to the plan, […]
Private equity is increasingly prevalent in the physician practice space, leading to complex arrangements. Richard Chasinoff, Director at Veralon and Michele Masucci, Partner at Nixon Peabody discuss the structure of the management service organization (MSO), the financial, transactional, and regulatory climate and the unique legal and compliance challenges on AHLA’s Speaking of Health Law Podcast. […]
In this two-part video series, Danielle Bangs, Director, describes the forces driving competition for physician alignment and how hospitals and health systems can address the increased competition for physician practices. Learn how to access the full video and subscribe to our virtual board education services at www.veralon.com/V-BE If you are already a member, log […]
Leaders of hospitals and health systems continue to face several challenges from 2023 as well as an array of difficult new challenges as they move into 2024. Briefly, the challenges lying ahead include: Margins and cash position remain “weak” with slow volume recovery, constraining investment in new initiatives Clinical workforce shortages continue More competition from […]
That time of year when our apps tell us how we spent 2023. How many miles we logged, what we watched the most, and our “Wrapped” playlist for the year. Veralon has also been keeping track. Here is our list of the most watched video courses in our library: 1. 2. 3. 4. 5. Partnerships […]
Leaders of hospitals and health systems continue to face several challenges from 2023, as well as an array of difficult new challenges as they move into 2024. Briefly, the challenges that lie ahead include: Margins and cash position remain “weak” with slow volume recovery, constraining investment in new initiatives Clinical workforce shortages continue More competition […]
Community and academic physicians increasingly work together in the same health system, with many health systems including an academic medical center (AMC) and its faculty practice plan (FPP). Approximately 20 percent of hospital mergers involve academic medical centers (AMCs) and non-academic providers—resulting in an increasingly blended physician workforce. In this context, disparate physician compensation packages […]