Better Management Practices = Improved Performance: The 2022 OPEN MINDS Seminar Series

I learned a new word recently—“transrupt”. It was used to describe the health care landscape—simultaneously disrupting the old system to transform and create a new and better one (see CEOS And CFOS Make Difficult Decisions As Hospitals Under Strain).

The term is fitting. But at what cost is the cost transruption? High. New service lines. New technology. New management and leadership skills. Workforce retraining, stress, and turnover. More capital. Change requires new technology.

We're seeing this phenomenon in several sectors of the field. Hospitals and health systems have been hard hit—with many hospitals 'transrupting' to urgent . . .