Many physician-run organizations perform optimally when their physician leaders have competent business knowledge and skills, yet leadership training programs are uncommon.

We’re experiencing a seismic transformation in the way we work — an evolution shaped by technological advancements and changing societal norms. In this next phase, work will be defined by its adaptability, technological integration, flexibility, and ...

Global disruptions that cause sudden swings in consumer demand are becoming more commonplace today, changing the way we think about supply chains and de-risking them. This article shows how Kenvue, a former Johnson & Johnson company invested in “real...

Consolidation of hospitals is happening throughout the United States. Are these bigger systems bringing consistently high value?

In this article the authors identify five keys to ensuring that companies build an efficient, effective culture around costs that works in both good times and bad.

As value-based care continues to gain traction, physician leaders are playing an ever-increasing role in the financial success of their health systems.

Until recently, the business management of a medical practice was not included as part of medical education or residency. Most medical schools still do not provide a course in financial accounting.

In recent decades, Medicare reimbursement rates have continued to fall behind general inflation rates while the number of beneficiaries has continued to rise. To compensate for lagging Medicare and Medicaid rates, cost shifts have increased the finan...

Pay equity is more than just a competitive tool in a red-hot labor market. It’s an opportunity to foster innovation, drive employee engagement, minimize turnover, maintain (or improve) brand reputation, and attract investors. To help employers unders...

This podcast interview sets the stage for giving physicians the history and elements of business know-how to succeed as an employed physician. It offers an important briefing on trends in employment for physicians by an accomplished official.

With interest rates rising in real terms, the value of growth strategies has declined. Managers need to look carefully at where they allocate capital, focusing more on investing in productivity. Nor should they treat strategy-making as a periodic exe...

Physician leaders have an essential role in successfully implementing margin expansion leverage strategies. By the very nature of their unique position within their practice, physician leaders must wear two hats: that of a revenue-producing provider ...