How We Think

Hospitals and health systems face constant economic pressures that require creative approaches to ensure the communities they serve receive high-quality, patient-centered care. An increasingly common – but potentially disruptive – solution involves partnering with clinical and non-clinical outsourcing companies.

After continued financial losses, a large integrated health system made the strategic decision to sell its health plan operations.

Trinity Medical Center needed a positive and decisive vote from a state review board to move forward with plans to relocate their operations.

As the strategic communications partner for a major regional health system, Lovell Communications was called upon to help shape communications strategy around the organization’s planned merger with another large system.

After unsuccessful attempts to find a partner, a beloved nonprofit hospital was on the brink of closure.

A mid-western not-for-profit hospital was facing issues common to many standalone hospitals around the country: declining reimbursements, an unfavorable payor mix, increasing costs and lack of capital.

When Community Health Systems (CHS) signed a letter of intent to acquire the largest and most prestigious physician practice in Spokane, Washington, the deal required a successful vote of the Clinic’s 75 physician shareholders – and the transaction needed to close in less than 90 days.

Like most health care providers, Ardent Health Services and its 13 hospitals were preparing for the nationwide transition to ICD-10, a new system of codes used to describe medical services provided by doctors and hospitals.

In a sweeping executive order targeted at reduced corporate consolidation, increased competition and concrete economic deliverables for the American people, President Joe Biden is urging more scrutiny for hospital mergers and a continued focused on price transparency.

To no one’s surprise, 2020 has wreaked havoc on hospital finances. So far this year, 32 hospitals have filed for bankruptcy while others face a severe cash crunch brought on by declining volumes and rising expenses.