In Part 1 of Radio Advisory's Hospital of the Future series, host Rachel (Rae) Woods invited experts to discuss cost-cutting strategies for hospitals facing financial hardships. But what if there are no more costs to cut? In Part 2 of the series, Rae invites Optum Executive Vice President Dr. Jim Bonnette to discuss the sustainability of modern-day hospitals and why scaling down might be the best strategy for a stable future.

Links:

• Ep. 142: The dire state of hospital finances (Part 1: Hospital of the Future series)
• Our Strategy playlist
• Our Financial Impact playlist

As we emerge from the global pandemic, healthcare is restructuring. What decisions should you be making, and what do you need to know to make them? Explore the state of the healthcare industry and its outlook for next year by visiting advisory.com/HealthCare2023.

Advisory Board is a subsidiary of Optum. All Advisory Board research, expert perspectives, and recommendations remain independent.