At 5:45 this morning, I googled “Challenges that Hospital CEO’s Face.” In 0.53 seconds, the search returned 3,600,000 results. By 6:20, I realized that I could write a 3,600,000 word blog by just naming problems. Needless to say, there are plenty of challenges. In my research, the top five most common challenges included: Financial Challenges Physician/Hospital Relationships Personnel + Talent Shortage Legislation Perpetuation Planning + Leadership Succession Each one of these risks can put you out of business if you do not manage well. Who and/or how can these risks be effectively managed? What about the other 3,599,995 risks your facility … Continue reading
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