A SafeDecisions safe will provide your patients with the comfort of knowing that they can focus on healing and not on their personal belongings. Don’t let theft reduce your patient satisfaction or cost your hospital in fines and compensatory costs. Make The SafeDecision!
Hospital or hospital-ity?
The radical change in patient expectations is both an opportunity and a challenge…business as usual or rapid reinvention.
An unprecedented shift in the way hospitals do business is changing healthcare. Experts warn that hospitals that keep operating according to “business as usual” will have a NEGATIVE 15.8% margin by 2021.
Medicare fined a record 50% of hospitals and underpaid by billions of dollars. Result? An easy 25% of hospitals will be seeking mergers in the next few years.
The Speed of Change is Astounding. Even in an Industry Used to Change
While many industries have remained stable, the hospital industry has undergone rapid change over the last 50 years. We’ve seen vaccines, pacemakers, and robotics but that is nothing… get ready for 3D organ printers, stem cells and more. The next wave of innovation will happen fast and is accompanied by a massive crush of patients and high expectations.
The Boomer Crush Has Begun
From 2011 through 2030, we’ll see a massive 73% increase in the number of Americans over the age of 65. Scientists warn that Baby Boomers are more likely to have higher rates of hypertension, higher cholesterol, obesity and diabetes than any previous generation. This unprecedented influx of work is only one aspect of the challenge for hospitals. Just as they have at every phase of their lives, Boomers are re-writing the rules and creating either extreme pain or supreme success for businesses, and hospitals are no exception. Baby Boomers are nothing like the generations that came before them; they demand customized services and creature comforts. “Self-fulfillment” and “self-realization” were the buzz words of their youth and have carried over into retirement. They have been dubbed the “Me generation.”