Managing risk in a challenging financial environment.
Five strategies can help hospital financial leaders balance their organizations' financial and risk positions: Understand the hospital's financial condition; Determine the desired level of risk; Consider total risk; Use a portfolio approach; Explore best-case/worst-case scenarios to measure risk.
Kaufman
Kenneth
K
Kaufman, Hall & Associates, Skokie, IL, USA. kkaufman@kaufmanhall.com
D017598:Efficiency, Organizational / Q000191:economics; D005377:Financial Management, Hospital / Q000458:organization & administration*; D012308:Risk Management / Q000191:economics* / Q000379:methods; D014481:United States