5 Steps Hospital CEOs Can Take to Minimize Risk Through Partnerships

Posted by Digital Manager on Fri, May 22, 2015 @ 08:59 AM

By Dr. Allen Weiss, CEO and President of the NCH Healthcare System

Leading a healthcare system means balancing risks and rewards. Rewards are immense when they include life-saving treatments. The risks can be a spectrum from regulatory shifts to patient safety and harmful waste production.

Healthcare leaders play a role in reform-related changes that often align costs for smart investments and new partnerships. One risk affects our facilities, healthcare networks, communities and the environment: medical waste. Identifying the most appropriate options for managing waste should include evaluating potential partners.

In healthcare settings the presence of medical waste is inevitable. There are five steps that leaders can take to minimize related risks.

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Topics: Medical Waste, Risk Management

Minimizing Risk Is Top of Every Great Leader’s Mind

Posted by Digital Manager on Mon, Feb 16, 2015 @ 02:01 PM

by Despina Kotis, Pharm.D., director of pharmacy, Northwestern Medicine

Hospital leadership and its teams are focused on cost management and risk-reduction strategies while also juggling government mandates, patient safety and quality. Managing risk is challenging especially as hospitals acquire more offsite locations and care shifts from inpatient to outpatient settings. By example, in 2003, The American Hospital Association reported 145 free-standing emergency rooms in the country. By late 2013, there were more than 400. As a leader, how do you mitigate risk and cut costs in our shifting operating landscapes?

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Topics: Managing Waste, Risk Management, Leadership

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