According to a report published by the American Hospital Association, the median margin for hospitals in the U.S. before the pandemic was just 3.5%.[1] However, we are faced with declining revenue and physician burnout. Since the pandemic, burnout has skyrocketed, and nearly 30% of clinicians reported having considered leaving healthcare altogether.[2] Not only is there a fear that hospitals will have a negative operating budget by the end of 2021, but there is a fear of shortages of up to 124,000 clinicians by 2034.[3] These challenges demand new solutions.
The Success of Partnering with a Hospital Management Team
