As healthcare organizations navigate the ever changing financial healthcare landscape, they are often faced with a challenge of stale budgets and financial projections. With this challenge also brings to light a leadership culture which, on one hand, can become budget weary by the time invested in the annual plan, and on the other hand, comforted by a “spend to budget” mentality.
Infusing the Capital Process with Rigor and Discipline
Healthcare Financial Management cover story by Clay Ashdown of Intermountain Healthcare and Lynette Jasuta of Strata, examines how Intermountain Healthcare leaders redesigned their capital process to better align their investments with value-based care. They also share four key insights from inside and outside the industry to use when reviewing best practices in capital decision making.