Financial Stability of the Healthcare Industry – a Conversation with Michael Krivich, Corporate Healthcare Business & Marketing Strategist

Health systems traditionally operate at razor-thin margins, yet have been embracing growth strategies through mergers and acquisitions, or adapting to shifts in care delivery models (from inpatient to outpatient) – all in an effort to stay solvent. Couple that with the rise of the consumer patient, that is also carrying a heavier burden of share of wallet with their healthcare expenses, and it’s clear that the system is already facing a fiscal crisis. Now with the added financial crisis of our national pandemic impacting both patient and provider equally, will the system be able to afford to continue in the same way in a post-COVID19 world?

In this episode, I speak with Michael Krivich, corporate healthcare business & marketing strategist. A 30 year veteran in the healthcare industry, Michael has worked in senior leadership positions in hospitals, health systems, GPO, Specialty Pharmacy, and internationally. An internationally recognized influencer, his blog is read in 52 countries. Michael works as an independent consultant for hospital business and marketing strategy.

Listen in as we discuss how the fiscal side of healthcare delivery might change in a post-COVID19 world.

Show Notes:

·     Michael Krivich on Twitter

·     Michael Krivich on LinkedIn

·     Healthcare Marketing Matters blog

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