The Hospital Finance Podcast

← The Hospital Finance Podcast30 sep · 16 min

Healthcare Has a Revenue Problem, But It's Really a Decision Problem

Healthcare Has a Revenue Problem, But It's Really a Decision Problem30 sep16 min

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Healthcare Has a Revenue Problem, But It’s Really a Decision Problem

In this episode, Angelica Landers, Healthcare Executive & Growth Strategist, discusses how healthcare has a revenue problem, but it’s really a decision problem.

Highlights of this episode include:

Before a hospital or healthcare organization launches a new service line, what financial questions should leadership answer first

How to determine whether the service is actually worth offering

Will the service actually make money?

How to determine whether your payer mix can support a service line or business model before you invest significant capital into it

How healthcare organizations can build stronger relationships with their payers to improve reimbursement and resolve issues

What a true service line profitability analysis looks like

What the financial and operational questions you want answered before you ever get to the purchase price

When a healthcare organization is trying to grow, how do to decide whether to build internally, acquire another organization, or partner with someone else