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Amidst the COVID-19 crisis, the U.S. healthcare system has struggled to safeguard lives and suppress the virus while buckling under financial strains, low consumer confidence, and the burden of persistent clinician burnout. And yet, the industry is experiencing unprecedented digital transformation in 2020. Between regulatory changes and billions of dollars of investment into new disruptors, the stage is set for transformative change.
In the midst of uncertainty stemming from the pandemic, hospital, and health system, leaders need to make decisions about the future. While the core tenets of growth, financial stewardship, and quality remain the same, health systems must tailor their strategies to the unique realities of today’s context.
Studies show that only 14% of companies improve growth and margin in market downturns. The winners act early and take a long-term perspective.
Continue reading at healthcareittoday.com
As the U.S. healthcare system navigates through continuing waves of COVID-19, it is already clear that some of the changes adopted during the early months of the pandemic are transforming healthcare …
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