Consultants for Good (C4G)’s Post

Here is the April edition of the CCME Foundation newsletter, Legacy. #healthcare #healthcarequality #grantmaking #makinganimpact

Fitch Ratings is forecasting an improved credit outlook for nonprofit hospitals in 2025. Its 2025 outlook report raises the outlook from “deteriorating” to “neutral” for the first time in 27 months. The report says hospitals have experienced steady improvements in operating margins due to limiting labor expenses and more substantial cash flows and equity returns. Read more in Healthcare Dive: https://lnkd.in/gzjcg6Z6 #Hospitals | #HealthcareFinances | #HealthcareData | #HealthTech

Do these financial pain points resonate with your healthcare organization?

Fitch Ratings is forecasting an improved credit outlook for nonprofit hospitals in 2025. Its 2025 outlook report raises the outlook from “deteriorating” to “neutral” for the first time in 27 months. The report says hospitals have experienced steady improvements in operating margins due to limiting labor expenses and more substantial cash flows and equity returns. Read more in Healthcare Dive: https://lnkd.in/gWwXJ7tP #Hospitals | #HealthcareFinances | #HealthcareData | #HealthTech

Fitch Ratings is forecasting an improved credit outlook for nonprofit hospitals in 2025. Its 2025 outlook report raises the outlook from “deteriorating” to “neutral” for the first time in 27 months. The report says hospitals have experienced steady improvements in operating margins due to limiting labor expenses and more substantial cash flows and equity returns. Read more in Healthcare Dive: https://lnkd.in/gVqj-8bi #Hospitals | #HealthcareFinances | #HealthcareData | #HealthTech

Today marks the release of SRC’s whitepaper, “Healthcare Centers of Excellence: What They Are and Why They Are Important.” We are excited to share this document explaining a topic so essential to navigating today’s healthcare systems and helping make choices around one’s health matters. You’ve likely heard the term “Center of Excellence” or seen a seal with that designation. It inspires confidence, but many people don’t fully understand what it means. Learn about what makes a facility qualify as a Center of Excellence (COE), as well as how SRC’s COE accreditation distinguishes itself among others. Read the paper: https://lnkd.in/gGD74EaW #whitepaper #srcwhitepaper #HealthcareWhitepaper #src #centerofexcellence #mastersurgeon #hospital #surgeon #accreditation #healthcare #surgeonofexcellence #patientsafety #nonprofit #healthcaremarketing #qualityimprovement #designeeservices

Healthcare cost caps weaken hospital finances: Fitch: Nonprofit hospitals in states with healthcare cost caps face a tougher road to financial strength, according to a May 30 report from Fitch. http://dlvr.it/T7cqv5

Next Stage’s multi-year partnership with Constellation Quality Health has been wide-ranging - strategic planning, the launch of a Center of Innovation, the design of a fellowship program, talent search, and the development of this approach to grantmaking by the organization’s associated philanthropic institution - the CCME Foundation. At a time when increased understanding of the social drivers of health is disrupting the status quo for countless health-related institutions, the CCME Foundation is pioneering new ways of identifying and supporting “promising practices” that have demonstrated potential in small-scale application. It is an approach to exploring the nexus of health innovation and philanthropy that is sorely missing for so many community-based organizations. Who better than a leading health care quality institution like Constellation to originate it? Bravo to the Foundation’s Board of Directors for advancing this Promsing Practices Framework, and to the Foundation’s Executive Director Dori DeJong, MPA for championing this work! #healthinnovation #philanthropy #healthcarequality

Angie I., Healthcare Ready’s Associate Director of Research and Policy, sheds light on the indispensable nature of CHCs in the U.S. healthcare system. These centers serve as primary care providers for millions of Americans, particularly those in vulnerable communities. During crises, such as the recent pandemic, their importance becomes even more pronounced as they handle a surge in patients while continuing to care for existing ones with complex needs. To bolster the resilience of CHCs and their frontline workers, Healthcare Ready has spearheaded impactful initiatives like ARCHER (Advancing Resilience for Community Health in Emergency Response) and Restoring the Healthcare Workforce for Equity (RHWE) initiative. Partnerships are key in these efforts. Collaborations with organizations like the Association of Clinicians for the Underserved and the National Association of Free and Charitable Clinics (NAFC) enable Healthcare Ready to amplify its impact, reaching hundreds of clinics nationwide. Read More: https://hubs.ly/Q02xdCRg0

Although the worst effects of the Change Healthcare #cyberattack appear to be behind us, #nonprofit #healthcare systems are struggling with lingering financial effects, including a spike in accounts receivable, revenue pressure, and lower days' cash on hand. The financial effects likely would have been worse but for strong stock market performance that cushioned the negative effects on providers' cash balances, and emergency liquidity support from #CMS and Change's parent United Healthcare. #muniland #healthcarefinance #publicfinance #municipalbonds https://lnkd.in/erErRaVm