Reform Requires Resilience

Reform is accelerating the transformation of U.S. healthcare and creating a new risk profile for the entire industry. Reform follows on the heels of perhaps the most turbulent time in recent history, as the economic crisis plays havoc with the balance sheets of healthcare systems and hospitals.

This article by the Healthcare Financial Management Association discusses why healthcare organizations may need to strengthen their approach to measuring, managing, and mitigating risk.

The article suggests that implementing a governance, risk, and compliance (GRC) model can help healthcare providers deliver performance and compliance and enable enterprise resilience.