Healthcare Strategic Growth Blog

Innovative Solutions to the Healthcare Revenue Crisis

Posted by Morgan Atkins on Aug 28, 2018 3:08:58 PM

How Leaders Can Look Within for Answers

By Morgan Atkins

With healthcare reimbursement constantly changing, health systems and hospitals are searching for new revenue streams to diversify their income. Financial cuts, new regulations, and payer contract negotiations have pushed healthcare institutions to find new, creative ways to keep revenue flowing while still maintaining high quality care.

“Exploring diversified, innovative revenue streams” was listed as third most important issue of strategic importance in a recent survey of 146 C-suite executive. A Becker’s Hospital Review article covering this survey shared that “C-suite executives at both health systems and community hospitals are shifting their focus to nontraditional sources of growth rather than relying solely on conventional determinants of market share.”

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Tags: service area growth, service line growth, leadership, healthcare leadership, innovation, revenue

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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