In Latin, locum tenens means “holding the place.”[1] The term was first used in medieval times to describe the use of clergy to temporarily staff Catholic churches when priests weren’t available. In healthcare, locum tenens emerged in the 1970s as a way to describe the use of temporary physicians in rural markets where local physicians […]
Strategic planning is not a new concept in healthcare, but the practice is constantly evolving with the industry. Each organization needs to develop a planning process that fits its internal culture and process, building off the fundamentals of strategic planning. The graphic below showcases the healthcare strategic planning process and its four major activities. This […]
In this video, Keith Wysocki, a Manager with Veralon, describes the best practices in onboarding new board members so they can begin making a meaningful contribution. To learn more, please contact Keith at kwysocki@veralon.com.
Every organization wants a strategic plan that’s dynamic and doesn’t just “sit on a shelf.” But how do you keep it relevant and focused over three to five years of dynamic change? Review and update the plan each year, but don’t waste time diving too deeply. When preparing for an annual update to the plan, […]
Leaders of hospitals and health systems continue to face several challenges from 2023 as well as an array of difficult new challenges as they move into 2024. Briefly, the challenges lying ahead include: Margins and cash position remain “weak” with slow volume recovery, constraining investment in new initiatives Clinical workforce shortages continue More competition from […]
That time of year when our apps tell us how we spent 2023. How many miles we logged, what we watched the most, and our “Wrapped” playlist for the year. Veralon has also been keeping track. Here is our list of the most watched video courses in our library: 1. 2. 3. 4. 5. Partnerships […]
Leaders of hospitals and health systems continue to face several challenges from 2023, as well as an array of difficult new challenges as they move into 2024. Briefly, the challenges that lie ahead include: Margins and cash position remain “weak” with slow volume recovery, constraining investment in new initiatives Clinical workforce shortages continue More competition […]
Community and academic physicians increasingly work together in the same health system, with many health systems including an academic medical center (AMC) and its faculty practice plan (FPP). Approximately 20 percent of hospital mergers involve academic medical centers (AMCs) and non-academic providers—resulting in an increasingly blended physician workforce. In this context, disparate physician compensation packages […]
As the old adage goes, “no margin, no mission,” and hospitals are struggling to to come out on top in their payor contract negotiations. What do hospital and health system boards need to understand to guide their organization through this complex process? Brandon Edwards, a healthcare strategist with over 25 years of experience in managed […]
Anesthesia provider shortages aren’t new, and they aren’t limited to certain geographic regions, but they are getting worse—and it’s time to consider new responses. By 2033, the shortage of anesthesiologists nationwide is expected to reach 12,500, according to an often-cited American Association of Medical Colleges (AAMC) report. From 2016 to 2021, the number of anesthesiologists […]