The big squeeze in search of a sustainable future for suburban community hospitals
Grube, M.E.
Healthcare Financial Management Journal of the Healthcare Financial Management Association 60(5): 56-65
2006
ISSN/ISBN: 0735-0732 PMID: 16711522 Document Number: 602233
Suburban community hospitals face increasing competition from two sides-from larger regional providers and freestanding diagnostic and treatment centers. To effectively meet this challenge, these hospitals require rigorous integrated strategic financial planning. The hospitals should take a close look at their key differentiation strategies with respect to operational efficiency, performance and quality, program and service mix, market focus, physician staff alignment, and system linkage.