Managing Architecture and Telehealth to Combat the Rise of the Financial Crisis
About this event
Bob Klein, CEO of Digital Scientists, joins host Bill Russell, former CIO of a 16-hospital system, to discuss the financial pressures facing healthcare today. As healthcare systems grapple with budget cuts and rising costs, CIOs are tasked with maintaining access and quality at a fraction of the expense. This discussion dives into critical questions: How can we redesign healthcare architecture to maximize ROI? What steps can be taken to support rural healthcare systems amid financial crises? How can hospitals tackle the surging costs of labor and supply chains while still delivering top-notch care in “low-power mode”? Klein also addresses how providers are shifting toward a “build, buy, or rationalize” approach, aiming to streamline their tech stacks and find unique solutions that set them apart.
Key Points:
- Twitter’s drastic Salesforce cost reduction: $20 million down to $5 million
- Growing provider interest in optimizing tech architecture for differentiation
- The closure of 136 rural hospitals between 2010 and 2021, with 19 closures in 2020 alone