Latest / Becker’s Healthcare Podcast / Scott Becker - 7 Healthcare Stories Highlight Profits, Layoffs, Growth, and Innovation
Transcript
- 0:02A special thank you to ECG
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- 0:52And thank you for listening to the Becker's
- 0:54Healthcare podcast. Thank you to ECG management consultants.
- 0:58This is Scott Becker with the Becker's Healthcare
- 1:01podcast.
- 1:02These are seven of the stories that we're
- 1:04following currently
- 1:06that help tell tell some of the very
- 1:08diverse stories,
- 1:09the very different stories and contrasting stories in
- 1:12health care today.
- 1:14First,
- 1:14University Hospitals, which is Cleveland based and one
- 1:17of the great research institutions and health systems
- 1:20in the country,
- 1:21turns from loss to profit this last quarter,
- 1:24in last year, and that's terrific news for
- 1:26university hospitals.
- 1:28Second, in contrast,
- 1:30Oracle just announced, and this isn't focused necessarily
- 1:32on Oracle health care, but that Oracle will
- 1:34be cutting thousands of jobs,
- 1:36and that seems to be a regular ongoing
- 1:38thing at Oracle as they try and get
- 1:40more profitable and back in the game and
- 1:42spend lots of money on artificial intelligence build
- 1:45out. I think their stock's down 25 or
- 1:4730% this year and and really having a
- 1:49challenging time.
- 1:51Third, a great article in Becker's Healthcare about
- 1:54the return
- 1:55on investment of technology
- 1:57according to finance leaders. And, again, the wide
- 2:00range results here in terms of the returns
- 2:03on investment.
- 2:05Fourth, we have an article this week featuring
- 2:0858 health system chief digital officers. Just to
- 2:10know, again, this is an area in a
- 2:12role, the chief digital officer that's become more
- 2:15and more important to health systems every place.
- 2:17So you see that we highlight 58 of
- 2:19them. That's at Becker's HealthCare. Of course, there's
- 2:21a ton more as well.
- 2:24Fifth, we have a story on 26 profitable
- 2:26health systems in 2025.
- 2:28That's on an exhaustive list. That's part of
- 2:30the running list. But, again, the the the
- 2:32basic concept is midsize and larger health systems
- 2:36doing doing okay.
- 2:37Very small systems, remote rural systems really struggling.
- 2:41That's the overall
- 2:42tendency here that we're watching.
- 2:44Some big name systems were profitable last year
- 2:47and had a good year.
- 2:48Sixth, there's another article on 14 large health
- 2:52systems that are getting larger. Again, that tracks
- 2:54a lot of the mergers and acquisitions in
- 2:56health care. Again, a critical part of the
- 2:58ecosystem,
- 2:59and health systems trying to get big enough,
- 3:02that they could afford to take risks, that
- 3:04they could handle their mission well, that they
- 3:07can compete with the payers, that they can
- 3:09make themselves in a spot where it's harder
- 3:10for payers and patients to go around them.
- 3:12So that's part of the story there. Finally,
- 3:15seventh,
- 3:15the Grady Health System, a a great, great
- 3:18not for profit system,
- 3:19un unveiling a new $1,000,000,000
- 3:21campus,
- 3:23and and consistently trying to straight stay true
- 3:26to their mission. So a story on that,
- 3:28a new billion dollar campus for Grady Health
- 3:30System, a fantastic example of a health system
- 3:32that's both,
- 3:33safety net and great and just fantastic.
- 3:36Thank you for listening to this version of
- 3:38the Becker's healthcare podcast. We hope you enjoy
- 3:40this. Thank you so much for joining us.