How low did you set your "BAR" for 2009?

Jan. 3, 2012
We have all been bombarded by the news on the economy for months now. So now I am seeing a new healthcare trend. Let’s keep our projected revenue targets low because we know we are not going to have a good year. Are we really saying, “We did everything we could do to improve our workflow and therefore there is no room for improvement?”

We have all been bombarded by the news on the economy for months now. So now I am seeing a new healthcare trend. Let’s keep our projected revenue targets low because we know we are not going to have a good year. Are we really saying, “We did everything we could do to improve our workflow and therefore there is no room for improvement?”

I often conduct Revenue Cycle Assessments and uncover gaps between what the policy says and what is really going on. Taking it one step further, there are gaps between what has been done because “we have always done it that way” and what industry “Best Practice” is.

So if you set the Revenue projection low this year, are you admitting defeat or are your projections really based on a streamlined business model?

Sponsored Recommendations

Explore how healthcare leaders are shifting from reactive maintenance to proactive facility strategies. Learn how data-driven planning and strategic investment can boost operational...
Navigate healthcare's facility challenges. Get strategies to protect assets and ensure long-term stability.
Join Claroty, Cisco, and Children's Hospital Los Angeles (CHLA) on-demand as they uncover the reasons behind common pitfalls encountered by hospitals in network segmentation efforts...
Cyber-physical systems (CPS) in healthcare encompass OT assets and systems, along with a proliferation of connected devices. This includes clinical assets, medical devices, building...