Over the past several years, many health care providers and payers have outsourced business functions to India. But there was a risk that many could not have predicted: That a pandemic would force employees to work from home. … 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 chief … … 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. … READ MORE >
Coronavirus concerns for rural health care
The coronavirus has largely affected more populated areas in the United States, but if the outbreak spreads to rural areas, hospitals will be put to the test to handle the health crisis. … READ MORE >
Coronavirus disrupts the pipeline for new drugs and medical devices
On Tuesday, 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. … 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 epicenter … … 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 Treasury. … READ MORE >
Shadow IT risk is growing as health care industry consolidates
As health care systems continue to consolidate, they must be aware of the information technology risks lurking in the shadows. … 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. … 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. … READ MORE >