@ShahidNShah
How University Hospital Went From Struggling to Thriving
UH president and CEO, and President Biden's new pick for undersecretary for health at the VA, Shereef Elnahal, MD, MBA, details the steps taken to improve the hospital's finances, quality, culture, and community trust. Elnahal, who was recently nominated by President Joe Biden to serve as undersecretary for health for the Veterans Health Administration, became president and CEO of UH after New Jersey Gov. Phil Murphy signed an Executive Order to install a monitor in the organization following concerns around the hospital's quality of care and financial struggles.
The organization experienced margins in the red, a disconnect between leaders and the workforce, and distrust from a community that the organization had promised to support.At that time, the hospital faced many challenges including:
- Operating at a $12 million loss
- Having an earnings before interest, depreciation, and amortization (EBITDA) of just over 2%
- Receiving a D from LeapFrog in quality after having received an F two grades prior
- A disconnect with the community
- A disconnect between the top management of the hospital and the workforce
Continue reading at healthleadersmedia.com
Make faster decisions with community advice
- How to Maximize Your Data Quality While Aiming for Price Transparency
- How to Successfully Navigate Remote Patient Monitoring
- The Interoperability Effect: Driving Value-Based Care and Financial Health
- Is Coding Holding Your Agency Back? Why More Agency Leaders Are Outsourcing to Win
- Validations Are Piling up on the Efficacy of Digital Health Tools to Combat Chronic Disease
Next Article
-
Responsible AI Deployment in Healthcare Requires Collaboration
Responsible, secure, and ethical artificial intelligence (AI) deployment in healthcare requires an informed, multi-disciplinary, and collaborative approach. But a lack of industry standards and …