Navigating Financial Distress: Strategies for Hospitals and Health Systems | McDermott

Navigating Financial Distress: Strategies for Hospitals and Health Systems

Overview



Hospitals and health systems are facing significant financial distress, with many struggling to manage rising costs, inadequate reimbursements, and a complex regulatory landscape. During this webinar, our speakers discussed key financial issues impacting hospitals and health systems and provide insights on how to navigate the current environment.

Discussion topics included:

  • Potential changes in reimbursement policies and the growing concerns around financial distress within hospitals and health systems
  • Policy and regulatory developments the C-suite should be monitoring closely
  • Guidance for organizations experiencing financial strain, including proactive steps to take before facing potential closure
  • Critical decisions if closure becomes necessary
  • Early warning signs and indicators to watch for
  • Strategic insights for organizations that are navigating financial uncertainty or assessing market dynamics with current or potential competitors

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