India’s prime minister, Narendra Modi, recently ordered the country's 1.3 billion residents to stay at home for the next three weeks. While many Americans have been working from home for a few weeks and some have experienced minimal or limited productivity changes, it’s a different story in India, and ... READ MORE >
Health care
How health systems can manage the financial impact of the coronavirus
The effects of the coronavirus on health systems will be far-reaching and long-lasting. Beyond the impact on front-line staff and the disruption of having many employees work remotely, health systems are also seeing a cloud loom when it comes to their finances. To seek relief from these headwinds, the ... READ MORE >
Can hotels become hospitals? Thinking creatively about how to put empty space to work
Hotel companies in the United States are imploring Washington for relief amid the escalating cancellations because of the coronavirus pandemic. Industry leaders face seemingly impossible decisions as revenues have all but disappeared while significant fixed expenses remain. Chief executives from the ... READ MORE >
Coronavirus concerns for rural health care
As the coronavirus has continued to spread throughout the United States, its impact has been felt mostly in populated areas like Seattle, New York and Boston. At the same time, states with a more rural demographic -- like Idaho, Alabama and West Virginia – have been spared, with the Centers for Disease ... READ MORE >
Coronavirus disrupts the pipeline for new drugs and medical devices
On March 10, a day before the World Health Organization declared the coronavirus outbreak a pandemic, the Food and Drug Administration announced that it was postponing foreign inspections through April. This increases the risk that some drug and device companies will run into issues obtaining approval ... READ MORE >
Coronavirus and the rise of virtual health visits
The human toll of the coronavirus only continues to mount: Confirmed cases have topped 118,000, deaths have surpassed 4,000 and Italy has quarantined 16 million people. It has led employers around the globe to encourage employees to work from home or take unpaid leaves of absence. In Seattle, the ... READ MORE >
Coronavirus spurs service disruption for health care providers, extending human toll
The coronavirus (COVID-19) has dominated the news since the outbreak began in China early this year. As the situation evolves, health care companies and organizations should monitor four important risk areas: supply chain, patient demand, workforce supply and their t function. Supply chain According ... READ MORE >
Shadow IT risk is growing as health care industry consolidates
As U.S. health care systems continue to consolidate, they must be aware of the information technology risks lurking in the shadows. The pace of consolidation remained strong last year, with approximately 1,600 deals. And while megamergers are expected to slow in 2020, larger organizations continue ... READ MORE >
Private equity’s role in health care gains interest in Congress
A bill is working its way through Congress that could have an impact on health care providers, particularly those owned by private equity firms. On Wednesday, the House Ways and Means Committee has scheduled a markup of new legislation that would require public disclosure of a range of information ... READ MORE >
As coronavirus spreads, so do risks to the global supply chain
As the potential for the coronavirus to become a pandemic looms, the outbreak is starting to affect the supply chains of critical industries across the globe. Since the first confirmed case in Wuhan, the virus has spread to manufacturing hubs including Shanghai, Zhejiang, Jiangsu, Guangdong and ... READ MORE >