Most hospitals have accepted that extortionate labor costs and depressed margins are here to stay. Dr Vi-Anne Antrum, CNO of Cone Health, thinks otherwise.
In collaboration with other Executives, she contributed to a $100m financial turnaround in Cone's 2023 fiscal year. Dr Antrum's achievements include a reduction in premium labor costs of 48% and shift incentives by almost 50% working with a cross-functional team.
This episode covers:
• Fundamentals to revenue growth and cost reduction.
• Creative hiring strategies.
• Why a focus on retention is as important as hiring.
• How to focus on metrics that matter.
• Dr Antrum's priorities for the year ahead.