Remove Change Management Remove Information Technology Remove Nonprofit Remove Operations
article thumbnail

Health Systems Need to Completely Reassess How They Manage Costs

Harvard Business

hospitals and health systems experienced an average 39% reduction in their operating margins from 2015 to 2017. Cost reduction requires an honest and thorough reassessment of everything the health system does and ultimately, a change in the organization’s operating culture. Eliminating layers of management.

System 38
article thumbnail

We Interviewed Health Care Leaders About Their Industry, and They’re Worried

Harvard Business

The transformation will necessitate substantial investments in finance, technology, human capital, operations, and infrastructure, and a substantial disinvestment of legacy resources in these areas. Our interviews indicate that care organizations are not yet ready to make such substantive operational changes and resource investments.