Hospitals are curbing non-essential expenses in today’s tricky operational environment, but they’re still looking to invest — just with more due diligence and in companies that can immediately save money or add revenue, executives said at the annual HIMSS conference in Chicago.
“We’re not going after anything that’s kind of cool that takes a couple of years to get to the bottom line. This is about immediate returns,” said Rasu Shrestha, chief innovation and commercialization officer at nonprofit Advocate Health, on a Wednesday panel about health systems post-COVID-19.