The healthcare industry is a top target for cyberattacks in general and ransomware in particular. As a result, cybersecurity has become an important topic for healthcare providers in urban and rural settings. This white paper discusses ways for community hospitals to improve cybersecurity.
DOWNLOAD NOW >Recently, nearly every U.S. state experienced a coronavirus pandemic shutdown lasting several months. As a result, lucrative elective medical procedures stopped bringing in much-needed revenue for community hospitals and healthcare providers. In addition to losing substantial income, the pandemic triggered major disruptions to the global hospital supply chain. Smaller hospitals soon ran short on key medications, personal protective equipment (PPE) and standard medical supplies normally shipped from China. Smaller hospitals can overcome many healthcare purchasing challenges simply by partnering with a group purchasing organization like CHC Supply Trust. But there...
Community Hospital Corporation has launched a free downloadable financial dashboard for tracking and monitoring of COVID-related funding and costs.
The complimentary COVID-19 Financial Dashboard https://communityhospitalcorp.com/covid-19-financial-dashboard-landing/ , which CHC developed for its network of community hospitals, is an Excel file designed to help all community hospitals to manage cash flow and ensure that all COVID-related government funding opportunities are properly vetted and tracked in one place.
See the June 2020 coverage in Hospital & Healthcare...
Some rural hospitals that were already struggling are now in serious financial trouble due to the coronavirus. The suspension of elective surgery and non-urgent care in most states led to an abrupt drop in patient volumes and hospital revenue. That loss, combined with the cost of preparing for COVID-19 protections for patients and employees, has forced rural hospitals into deeper distress. It’s especially important in these challenging circumstances to keep a close eye on key metrics that gauge a hospital’s financial health.
By monitoring indicators, creating transparency and responding swiftly...
Some rural hospitals that were already struggling are now in serious financial trouble due to the coronavirus. The suspension of elective surgery and non urgent care in most states led to an abrupt drop in patient volumes and hospital revenue. That loss, combined with the cost of preparing for COVID-19 protections for patients and employees, has forced rural hospitals into deeper distress. It’s especially important in these challenging circumstances to keep a close eye on key metrics that gauge a hospital’s financial health. By monitoring indicators, creating transparency and responding...
The Value of Valify: an Interview with Jon Pruitt, SVP of Supply Chain at CHC
This one-minute video outlines financial warning signs that indicate financial trouble for your community hospital.
Do you know where your hospital stands? Is it holding its own or barely holding on? CHC Consulting’s Operational Assessment determines your hospital’s status objectively and paves the path to performance enhancements and financial sustainability.
A Comprehensive Operational Assessment:
Includes a thorough review of operations Identifies strengths as well as areas for improvement Forms the basis for a performance enhancement plan with specific action stepsThe Operational Assessment begins with an extensive review of data and documents, coupled with one-on-one interviews with individuals whose perceptions of the...
Many rural hospitals today — health care providers whose mission is to serve their community’s health care needs — are apprehensive about their own financial health. Increasing expenses, decreasing reimbursement and declining patient populations as well as hospital admissions place these hospitals at risk, threatening financial viability.
Besides salaries, supplies are the second-highest expense for hospitals. By reducing those costs and better managing the medical supply chain, a hospital can move its savings margin from good to great.
Unlocking Medical Supply Chain Savings In Order To Support Mission-Critical ObjectivesCHC...
By Jon Pruitt, Senior Vice President, CHC Supply Trust
Since the coronavirus pandemic reached the country’s shores and rapidly spread inward, the nation’s smaller hospitals have struggled with a global supply chain strained by a once-in-a-century public health crisis.
But, thankfully, American ingenuity has been hard at work. Both large and small companies have found innovative ways to help rural hospitals faced with dwindling personal protection equipment (PPE) desperately needed to treat patients infected with the virus and other acute illnesses.
See the full article in HealthCare Business Today, May...
