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Top Issues Confronting Hospitals:  2018

 

Financial challenges again ranked No. 1 on the list of hospital CEOs’ top concerns in 2018, according to the American College of Healthcare Executives’ (ACHE) annual survey of top issues confronting hospitals.  This survey, sent each fall to community hospital CEOs who are ACHE members, asked respondents to rank 11 issues affecting their hospitals in order of how pressing they are and to identify specific concerns within each of those issues.  The survey was sent to 1,402 community hospital CEOs, of whom 355, or 25 percent, responded.  This year, respondents cited financial challenges as their top concern, giving it an average rank of 2.8 on a 10-point scale.  Governmental mandates and patient safety and quality both ranked second, with average ranks of 5.1.  Personnel shortages ranked third, with an average rank of 5.2.  The survey results are shown below:

 

Issue Avg Rank
Financial challenges 2.8
Governmental mandates 5.1
Patient safety and quality 5.1
Personnel shortages 5.2
Behavioral health/addiction issues 5.3
Patient satisfaction 6.1
Access to care 6.2
Physician-hospital relations 6.6
Technology 7.7
Population health management 8.1
Reorganization 8.3

 

Financial Challenges % in Top 4
Increasing costs for staff, supplies, etc. 70%
Medicaid reimbursement 68%
Reducing operating costs 59%
Bad debt 56%
Competition from other providers 50%
Managed care and other commercial payments 50%
Medicare reimbursement 49%
Government funding cuts 48%
Transition from volume to value 48%
Revenue cycle management 43%
Inadequate funding for capital improvements 37%
Emergency department overuse 31%
Moving away from fee-for-service 30%
Pricing and price transparency 29%

 

 

Resources:

Healthcare Executive magazine, March/April 2019.

 

About Morgan Hunter HealthSearch
Morgan Hunter HealthSearch (MHHS) provides Leadership and Advanced Practice Recruitment services for hospitals and healthcare organizations throughout the United States.  Our expertise includes interim leadership, executive search, Nurse Practitioners and Physician Assistants.

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