Marcus Whitney: Banking struggles are limiting healthcare innovation
T here has not been much ado in the healthcare world about the failure of Silicon Valley Bank (SVB), but maybe there should be. Once considered the go-to bank for startups, SVB was the target of a bank run March 9 driven by news of their held-to- maturity bonds being underwater, and it was taken over by…
Why the idea of disruption is so hard for healthcare leaders to understand
It’s time to talk about the word disruption – what it is and what it isn’t – because right now in healthcare it seems to be generating more angst than strategy. First, some good news. Disruption (shorthand for “disruptive innovation”) is just a theory. It’s an idea. That’s all. It was first introduced in the…
Healing our healthcare system starts with valuing our healthcare heroes
The C-suite leaders of U.S. hospitals and health systems have a critical charge as the stewards of our nation’s healthcare system: Cultivate an environment of well-deserved trust that encompasses patients and caregivers alike. Without such trust, our healthcare system will flounder. Building trust starts with demonstrating integrity in upholding the organization’s mission of delivering high-quality,…
Hospitals enjoy new opportunities for renewable energy projects
A new direct payment option is now available for hospitals and health systems planning renewable energy projects. For hospitals and health systems that are planning a renewable energy project at a new or existing facility, provisions of the recently enacted Inflation Reduction Act now allow the federal government to provide a direct payment for qualifying…