Vizient hosts briefing on pressures facing hospitals
On March 7 on Capitol Hill, Vizient, Inc hosted a policy briefing titled, “Provider Pressures Persist: Hospitals’ Struggles Against Financial, Workforce and Supply Chain Strains” at the Rayburn House Office Building in Washington, DC. Attended by more than 50 Congressional staff and other healthcare stakeholders, this briefing focused on how hospitals are responding to mounting pressures while continuing to provide essential community benefits.
“Hospitals have faced some of the most difficult challenges in history over the last couple of years, and despite federal efforts, they continue to grapple with severe financial obstacles driven by inflation and ongoing workforce issues,” said Margaret Steele, senior vice president, Med/Surg, GPO Services & Delivery for Vizient. “It is imperative that we understand the threats facing hospitals and what they anticipate in the path ahead as they remain deeply committed to meeting the needs of patients.”
Steele moderated the policy discussion with an esteemed panel of key hospital leaders including:
■ Dr. Raghu Adiga, MD, President & Chief
Executive Officer, Liberty Hospital
■ Jack Lynch III, FACHE, President & Chief Executive Officer, Main Line Health
■ Dr. Peter Newcomer, MD, MMM, Senior Vice President & Chief Clinical Officer, UW Health
■ Allison Rogers, Chief Strategy Officer, Ballad Health
The panel of experts outlined the myriad shared risks their hospitals are facing, including decreased reimbursements from payers, inflationary pressures and persistent workforce shortages.