Healthcare Strategic Growth Blog

Innovative Solutions to the Healthcare Revenue Crisis

Posted by Morgan Atkins on Jul 7, 2020 4:00:00 PM

Key Opportunities Hospitals Leaders Shouldn’t Overlook

By Morgan Atkins

The trials of 2020 have left many in the healthcare industry searching for ways to diversify their income. Due to COVID-19, hospitals across the nation are estimated to lose $200 billion between March 1 and June 30, according to a report from the American Hospital Association. This current financial strain and shaky future prospects are pushing healthcare institutions to find creative ways to keep revenue flowing while still maintaining high-quality care.

Becker’s Hospital Review cites the reimbursement landscape challenges and dwindling patient volumes as two main factors leading at least 29 hospitals across the U.S. to file for bankruptcy this year. In this post, we’ll consider how hospital leaders can turn these leading indicators of distress into golden opportunities for growth.

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Tags: leadership, healthcare leadership, innovation, revenue, telehealth, telemedicine, virtual care, market reimbursement analyzer

Fail Fast, Learn Together, and Find Solutions

Posted by Stephanie Johnson on Mar 7, 2019 11:15:20 AM

Key Takeaways from the Innov8rs Conference

By Stephanie Johnson, Hank Neuhoff, and Morgan Atkins

We understand how difficult it is to keep pace with developing technologies, changing care trends, and evolving patient needs. Yet we also recognize how paramount change is to progress. We strive to be trailblazers in the healthcare space, developing innovative tools and services that address our clients' growth goals. In an effort to support our own continuous improvement and inform how we can more effectively support our clients, a group of us traveled to Miami to attend the 2019 Innov8rs conference.

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Tags: conference, innovation, continuous improvement

4 Ways to Get Things Done Across Departments

Posted by Chris Graffagnino on Feb 26, 2019 9:18:47 PM

Reduce Friction and Promote Teamwork

By Carly Farlow and Chris Graffagnino

As mentioned in a previous post, our team at Stratasan strives to be trailblazers in the healthcare space, developing innovative tools and services that address our clients' growth goals. The best way we can effectively lead our clients and provide value is by innovative thinking that challenges the status quo. And the only way to be innovative and develop products and services that truly make an impact is through cross-department collaboration—uniting the best thinking from every team.

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Tags: innovation, team work, continuous improvement, interdepartmental collaboration, collaboration, Cross-department collaboration, teamwork, communication

Seeding our Future: Stratasan’s Internship Program

Posted by Stephanie Johnson on May 15, 2018 10:37:11 PM

Benefits of a Diverse and Inclusive Student Training Strategy

By Stephanie Johnson

For the past several years, Stratasan has welcomed summer interns into our organization with great results. Past interns have come from colleges all over the country and proven to be highly capable and skilled contributors. This year, we wanted to take Stratasan’s internship opportunity a step further by developing a program that targets local colleges and students with an eye towards diversity and inclusion.  

Stratasan has always maintained a culture of curiosity, teaching, and learning which has contributed to our innovation and growth. Every team member is excited about what they do and we love to discuss our ideas with other team members. We've often found there to be new opportunities for creative solutions to shine when we work together. Our team’s collective creativity and innovation has led to the development of new tools and products to serve our customers. As the saying goes, curiosity never killed the cat at Stratasan. This is truly a place where there is no wrong or dumb question and if someone is facing a challenge, our team will rally to “figure it out!”

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Tags: intern, interns of nashville, internship, growth mindset, innovation

Takeaways from the Innov8rs Conference, March 2018

Posted by Stephanie Johnson on May 1, 2018 10:11:12 PM

Design Thinking, Authentic Demand, and More

By Hank Neuhoff, Stephanie Johnson, and Morgan Atkins

Opioid addiction apps, acuity-adaptable rooms to insertable cardiac monitors, and virtual reality for pediatric patients are among the technology-related issues that healthcare leaders should pay close attention to this year, according to the ECRI Institute's 2018 Top 10 Hospital C-suite Watch List. With the rapidly changing healthcare landscape, it's getting harder to anticipate what’s next. We understand the challenges that come with keeping pace with developing technologies, changing care trends, and evolving patient needs. Yet we also recognize how paramount change is to progress. We strive to be trailblazers in the healthcare space, developing innovative tools and services that address our clients' growth goals.

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Tags: healthcare trends, conferences, innovation

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