By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works CollectiveHealth Works Collective
  • Health
    • Mental Health
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: Will Your Local Hospital Exist in 10 years? Should it?
Share
Notification Show More
Font ResizerAa
Health Works CollectiveHealth Works Collective
Font ResizerAa
Search
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Business > Hospital Administration > Will Your Local Hospital Exist in 10 years? Should it?
BusinessHospital AdministrationNewsPolicy & LawPublic Health

Will Your Local Hospital Exist in 10 years? Should it?

HowardLuks
HowardLuks
Share
4 Min Read
SHARE

The pressures mounting on most institutions as the years trudge by are mounting… they are mired in mountains of regulations, the need to implement millions of dollars of IT “improvements”, streamline their most productive service lines, strip down their “front-line” staff to dangerous levels… and all this while their reimbursements are being crushed.   

The pressures mounting on most institutions as the years trudge by are mounting… they are mired in mountains of regulations, the need to implement millions of dollars of IT “improvements”, streamline their most productive service lines, strip down their “front-line” staff to dangerous levels… and all this while their reimbursements are being crushed.   

  • Consider that a profitable hospital currently operates on a 1% margin.  
  • Consider that the hospital is considered the most costly portion of the overall healthcare debt burden.  
  • Consider that hospitals are considered to be one of the most dangerous places to be based on the rate of medical errors.   
  • Consider that customer care initiatives either do not exist in most institutions or fail miserably in hospitals who are attempting to implement them.   
  • Consider that the government will be publishing reams of performance and quality based information about hospitals and providers over the next decade.  Layer onto that the ability we have or will possess to share that information amongst ourselves via the social platforms that currently exist, or will exist as this data is revealed.  

Will you go to an ER, wait 3-4 hours, read the quality reviews only to find out that the ER you are sitting in fails miserably compared to a hospital not too far away— and that you stand a greater chance of dying from that admission than you do driving to the hospital or flying around the world?   Hmmmm…  

There are not many forward thinking institutions out there… there are even fewer where the c-suite has “skin in the game” and feels emotionally attached to the institution where they earn their salary from.   Do you believe these institutions will put forth the initiatives necessary to allow them to shine above their competitors when the facts come out?   My guess is that many many institutions will fold over next decade as quality measures, poor customer service, high (published) medical error rates and a leadership council who simply doesn’t care becomes common knowledge through our digitally enabled and hyper- connected society.  

More Read

state exchange
What Will Health Insurance Cost and What Will It Cover? Obamacare and You
Kaiser Adds 11 Neighborhood Medical Offices in Atlanta
Digitized Pathology Improves Study Results and Cuts Costs
PTSD Special Report: Part I, How to Curb a Potential Epidemic
How You Can Take Your Supplement Brand To The Next Level

Will this save money… no. That’s another post.

Will this save lives? Hopefully.

Will this disrupt the lives of many physicians, nurses and employees who signed contracts thinking they were safe from the changes that value based initiatives and the cost cutting features of the new health plan?  Most certainly.  

“Healthcare”:   Hospitals and physicians better wake up… start collaborating, start planning, put the proper people in place and properly position themselves if they want to have a chance at surviving and remaining relevant throughout the next decade— and beyond.  

 

 

 

 

Learn more about Will Your Local Hospital Exist in 10 years? Should it? at Howard J. Luks, MD.

TAGGED:hospital customer servicevalue-based pricing
Share This Article
Facebook Copy Link Print
Share

Stay Connected

1.5kFollowersLike
4.5kFollowersFollow
2.8kFollowersPin
136kSubscribersSubscribe

Latest News

a woman walking on the hallway
6 Easy Healthcare Ways to Sit Less and Move More Every Day
Health
September 9, 2025
Clinical Expertise
Healthcare at a Crossroads: Why Leadership Matters More Than Ever
Global Healthcare
September 9, 2025
travel nurse in north carolina
Balancing Speed and Scope: Choosing the Nursing Degree That Fits Your Goals
Nursing
September 1, 2025
intimacy
How to Keep Intimacy Comfortable as You Age
Relationship and Lifestyle Senior Care
September 1, 2025

You Might also Like

W H Y ? A New Public Health Issue?

December 17, 2012
Carestream Clinical Collaboration Platform
BusinessMedical InnovationsTechnology

Planning an Enterprise Archive (VNA) to Accommodate Collaboration in Precision Medicine

May 4, 2016
Image
NewsRadiologySpecialtiesTechnology

A Society by Any Other Name

June 12, 2012

5 Best Billing Practices for the Bundled Payment Initiative

August 28, 2014
Subscribe
Subscribe to our newsletter to get our newest articles instantly!
Follow US
© 2008-2025 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?