Archives of Finance

During these challenging times, time is of the essence.  In healthcare, complicated decisions are made every day to keep patients, families and staff safe and supported.  No one in healthcare has extra time to deal with irrelevant or superficial things. I have sat in the CEO chair and dealt with strategic planning, daily operations, crises, […]

Once upon I time, I was working on my Ph.D. and eagerly working three to four jobs at a time – as a clinician with psychiatric and brain injury patients across multiple settings.  In those days, I loved patient care, but I avoided “the suits” (aka, hospital administration) at all costs.  I had a naïve […]

“Doing the Right Thing” has always been important to me.  I have always wanted to go to sleep each night knowing I am making things better, for patients and staff. Finding those win/win situations where improving things clinically, while also having a financial gain, is the best part of what I have done for the […]

There are such varied perceptions about if and how behavioral health inpatient units can be profitable.  One CFO of a medical/surgical hospital said, “The juice ain’t worth the squeeze”.  And, I have heard many CEOs of medical hospitals assume it isn’t profitable and felt it wasn’t worth the headache – until they actually saw the […]