9:00 a.m.- 10:00 a.m.
New Strategies for Revenue Growth
Investing in new revenue streams is now standard practice for hospitals facing squeezed operating margins and lower reimbursement rates. Ninety percent of hospital and health system executives in a survey indicated that new revenue streams were an urgent priority and expected to yield a return in the next three years, a new study from Partners HealthCare and healthcare private equity firm Fitzroy Health found. This presentation will discuss how hospitals can pursue a combination of cost-cutting and revenue growth as they seek sustainable financial footing.