How do you balance financial priorities with quality patient care?
Private equity accounts for over 30% of all hospitals in rural areas, which can make a big difference in how an organization operates. How do you balance financial priorities with quality patient care? For one CEO, it’s a no-brainer.
David Schreiner is the CEO of Katherine Shaw Bethea Hospital in Dixon, Illinois, and he sees the friction here. But he also knows that quality patient care is not an item he will compromise on.
“We're an independent rural hospital. We have no ownership, no one is receiving dividends or investment returns from our organization,” he said in an interview with HealthLeaders.
Read the full interview with Schriener by strategy editor Jay Asser.
Marie DeFreitas is the finance editor for HealthLeaders.