1
00:00:00,130 --> 00:00:03,530
Would you like to exchange best
practices and ideas to improve care,

2
00:00:03,800 --> 00:00:05,530
enhance operational efficiency,

3
00:00:05,590 --> 00:00:07,930
and address financial
challenges with your peers?

4
00:00:08,610 --> 00:00:12,330
Becker's Healthcare is facilitating these
conversations at their eighth annual

5
00:00:12,510 --> 00:00:15,330
health, it digital
health and R C M meeting.

6
00:00:15,670 --> 00:00:19,570
You can check your
eligibility for complimentary
attendance at the link in the

7
00:00:19,570 --> 00:00:22,010
description. We are excited
to welcome you in October.

8
00:00:23,270 --> 00:00:25,600
This is Laura Dedo with the
Becker's Healthcare Podcast.

9
00:00:26,300 --> 00:00:29,880
I'm thrilled today to be joined by
Christopher Alt Chief Revenue Officer at

10
00:00:29,880 --> 00:00:31,560
Cooper University Hospital. Christopher,

11
00:00:31,560 --> 00:00:33,160
it's a pleasure to have
you on the podcast today.

12
00:00:33,920 --> 00:00:35,730
Yeah, thanks for having me,
Laura. Happy to be here.

13
00:00:36,680 --> 00:00:39,770
Fantastic. Well, I know we
have a lot to talk about today.

14
00:00:39,770 --> 00:00:42,370
There's so much happening in
healthcare and really a lot changing.

15
00:00:42,610 --> 00:00:47,130
I know we spoke a bit last fall and,
and even since then a lot has happened.

16
00:00:47,190 --> 00:00:50,370
So I'm looking forward to our
conversation and your expertise here.

17
00:00:50,390 --> 00:00:52,330
But before we dive into
the broader discussion,

18
00:00:52,330 --> 00:00:54,250
can you tell us a little bit more
about yourself and your background?

19
00:00:55,650 --> 00:00:59,820
Sure. I currently work at Cooper
University Healthcare, Camden, New Jersey.

20
00:01:00,220 --> 00:01:03,860
I serve as our Chief revenue officer
overseeing all of the revenue related

21
00:01:04,180 --> 00:01:07,900
functions for the health system. Uh,
Cooper's a level one trauma center,

22
00:01:08,420 --> 00:01:12,020
academic medical center. Uh, we've got
over a hundred outpatient locations,

23
00:01:12,120 --> 00:01:17,020
urgent care, um, all the
subspecialties you can think of, um,

24
00:01:17,600 --> 00:01:18,433
and, and, uh,

25
00:01:18,440 --> 00:01:22,620
one main hospital here in the city
of Camden with about 650 beds.

26
00:01:22,970 --> 00:01:27,020
I've been here since 2018 and, uh,

27
00:01:27,110 --> 00:01:31,100
we've seen tremendous growth over
those last five or six years. Uh,

28
00:01:31,100 --> 00:01:35,100
when I got here, the health system was
about 1,000,000,002 in, in net revenue,

29
00:01:35,200 --> 00:01:38,380
and this year we will hopefully
exceed 2 billion. So, um,

30
00:01:38,410 --> 00:01:40,820
it's been a very fun experience, uh,

31
00:01:40,820 --> 00:01:43,660
having been at Cooper thus far and
looking forward to what's to come.

32
00:01:45,070 --> 00:01:47,370
That's an amazing growth
over the last few years,

33
00:01:47,470 --> 00:01:49,210
and especially on the revenue side. And,

34
00:01:49,210 --> 00:01:53,050
and during a time when
it's been challenging for
a lot of organizations, um,

35
00:01:53,190 --> 00:01:57,330
you know, through the pandemic
to really, um, stay successful.

36
00:01:57,560 --> 00:02:01,250
When you look at your strategy,
um, for growth and development,

37
00:02:01,360 --> 00:02:05,170
what are some of the the things that you
think have, have been really key, uh,

38
00:02:05,430 --> 00:02:07,970
for you to have been successful
over the last few years?

39
00:02:09,430 --> 00:02:13,960
Yeah, it's, it, it, we have been very
fortunate. Um, you know, a large,

40
00:02:14,090 --> 00:02:18,680
large portion of our revenue growth is
related to growth in number of providers,

41
00:02:18,680 --> 00:02:22,200
right? And so we have done a lot
of investment in expanding our,

42
00:02:22,380 --> 00:02:25,800
our clinical footprint
in South Jersey, um, and,

43
00:02:25,940 --> 00:02:28,920
and doing all that we can to
serve the communities, um,

44
00:02:29,110 --> 00:02:32,840
that we're fortunate enough to serve
and keep business in New Jersey. Uh, we,

45
00:02:32,840 --> 00:02:36,160
you know, we, we saw maybe a decade ago,

46
00:02:36,200 --> 00:02:40,440
a lot of out migration from New
Jersey into Philadelphia for, uh,

47
00:02:40,510 --> 00:02:44,760
specialized care. And we've made
a lot of investments to, uh,

48
00:02:44,760 --> 00:02:48,800
provide that care here right at, in
the patient's backyard. And so, um,

49
00:02:49,740 --> 00:02:54,480
you know, the other thing that supported
our growth has been, uh, enhanced, uh,

50
00:02:54,480 --> 00:02:58,160
managed care rates and, and
revenue cycle processes. Um,

51
00:02:58,580 --> 00:03:03,360
to answer your question about how
we have experienced such growth,

52
00:03:03,610 --> 00:03:06,800
while, you know, the industry faces
a lot of headwinds. I mean, we,

53
00:03:06,800 --> 00:03:09,880
we haven't been immune to the headwinds
right, over the last couple of years,

54
00:03:09,960 --> 00:03:13,200
particularly with the pandemic and
coming outta the pandemic. You know, we,

55
00:03:13,500 --> 00:03:18,360
you and I talked last time a lot about
payer behavior and the challenges around

56
00:03:18,590 --> 00:03:22,120
increased audits and retrospective
reviews of medical necessity,

57
00:03:22,120 --> 00:03:25,600
things like that. We've not been immune
to those things. Um, but we were,

58
00:03:25,940 --> 00:03:30,440
you know, call it luck or, or,
um, you know, good strategy.

59
00:03:30,580 --> 00:03:31,760
But pre pandemic,

60
00:03:31,820 --> 00:03:35,880
we invested a lot of time
and resources and people

61
00:03:36,710 --> 00:03:39,200
into establishing, um,

62
00:03:39,880 --> 00:03:44,120
a centralized training and
education function that
supports all the growth we've

63
00:03:44,120 --> 00:03:45,400
had. So, um,

64
00:03:45,860 --> 00:03:50,680
we have one team here at Cooper that
is responsible for and is the source of

65
00:03:50,680 --> 00:03:55,000
truth for all things revenue cycle
throughout the enterprise, uh, which has,

66
00:03:55,030 --> 00:03:59,080
it's, it's been a great foundation
for us to scale growth on top of. Um,

67
00:03:59,340 --> 00:04:02,520
and as we've grown in terms of number
of providers and locations and,

68
00:04:02,700 --> 00:04:04,960
and all those sorts of
things, we've got this,

69
00:04:05,350 --> 00:04:10,080
this underlying chassis of training and

70
00:04:10,080 --> 00:04:11,000
education that,

71
00:04:11,150 --> 00:04:16,000
that has allowed us to not
experience a lot of headaches, uh,

72
00:04:16,000 --> 00:04:19,800
that we may have otherwise
had to go through. So, um,

73
00:04:20,120 --> 00:04:21,360
I credit a lot of it to that.

74
00:04:23,370 --> 00:04:24,890
Absolutely. That makes a
lot of sense. You know,

75
00:04:24,890 --> 00:04:28,370
and it was really great to hear you have
that type of foresight down there and,

76
00:04:28,370 --> 00:04:31,650
and could really fortify,
uh, the revenue cycle and,

77
00:04:31,810 --> 00:04:35,890
and whatever possible, I guess,
um, ahead of the pandemic,

78
00:04:36,130 --> 00:04:38,410
although obviously it's hard to
predict that, but really, you know,

79
00:04:38,410 --> 00:04:42,250
just being able to be in a solid place,
um, and have a great strategy, uh,

80
00:04:42,590 --> 00:04:44,850
as the foundation going forward. Now,

81
00:04:45,400 --> 00:04:48,210
what are some of the opportunities as
well as the headwinds that you have your

82
00:04:48,270 --> 00:04:49,010
eye on right now?

83
00:04:49,010 --> 00:04:53,290
I know you mentioned already kind of
some of the regulatory challenges and the

84
00:04:53,290 --> 00:04:55,730
different policies coming
from payers, um, that,

85
00:04:55,730 --> 00:04:58,210
that <laugh> can keep you
up at night. Um, you know,

86
00:04:58,210 --> 00:04:59,930
what's the landscape escapee like now?

87
00:04:59,990 --> 00:05:01,970
Do you see any changes in
one direction or another?

88
00:05:03,920 --> 00:05:08,260
So in terms of the payer behavior
and regulatory sort of climate, um,

89
00:05:08,890 --> 00:05:12,580
it's not changed much. And I think,
you know, more than anything we're,

90
00:05:12,580 --> 00:05:13,860
we're trying to figure out how we,

91
00:05:14,600 --> 00:05:18,700
how we batten down the hatches and how
we prepare for that for the next five or

92
00:05:18,700 --> 00:05:22,340
10 years. Um, I don't anticipate that, um,

93
00:05:22,530 --> 00:05:26,460
legislation at the state or federal
level is gonna sway necessarily in the

94
00:05:26,700 --> 00:05:29,220
provider's favor. If you,
if you, if you read, um,

95
00:05:30,220 --> 00:05:32,540
a lot of what's going on in the press, um,

96
00:05:32,540 --> 00:05:36,780
there's a lot of focus on cost and
price transparency and a lot of, um,

97
00:05:37,840 --> 00:05:38,673
you know,

98
00:05:38,900 --> 00:05:43,260
a lot of pressure on hospitals to
justify the small margins that we already

99
00:05:43,260 --> 00:05:46,180
make. So, um, we're really
focused on how do we,

100
00:05:47,680 --> 00:05:52,580
how do we support growth of the
organization without continuing to

101
00:05:52,720 --> 00:05:56,980
add necessarily the, the
one-to-one, uh, f t e count,

102
00:05:57,000 --> 00:05:58,400
and how do we get smart with labor?

103
00:05:58,900 --> 00:06:02,120
How do we attract people to come work
at Cooper, and then once they're here,

104
00:06:02,120 --> 00:06:04,880
how do we keep them here? Um, you know,

105
00:06:04,880 --> 00:06:07,920
healthcare and more specifically,

106
00:06:07,920 --> 00:06:12,880
revenue cycle within healthcare is not
a field that most people dream of going

107
00:06:12,880 --> 00:06:17,760
into. I mean, I think talk to anybody,
um, who's been in it a long time,

108
00:06:17,790 --> 00:06:22,160
they fell into it, right? For one
reason or another. And so, you know,

109
00:06:22,180 --> 00:06:25,880
we have really been talking
a lot about career laddering,

110
00:06:26,400 --> 00:06:28,640
professional development.
How do we invest in,

111
00:06:28,870 --> 00:06:30,640
once we can attract the right talent here,

112
00:06:31,300 --> 00:06:35,680
how do we invest in them to keep
them here, um, keep them engaged,

113
00:06:35,830 --> 00:06:39,920
keep them growing, um, to develop the
next generation of leaders because,

114
00:06:40,780 --> 00:06:45,000
um, it's just, it's a really
difficult industry to recruit into.

115
00:06:45,580 --> 00:06:48,920
And, uh, particularly when you,
when you think about, you know,

116
00:06:48,980 --> 00:06:53,680
remote work and flexibility of, of work
arrangements and things like that, um,

117
00:06:54,130 --> 00:06:58,760
healthcare has always sort of
lagged behind, um, you know,

118
00:06:58,760 --> 00:07:00,520
over the, with the pandemic and,

119
00:07:00,580 --> 00:07:04,920
and the unfortunate onset of all
that that brought with it, uh,

120
00:07:05,070 --> 00:07:09,560
that changed. And some of that was
for the good. I think candidly,

121
00:07:09,740 --> 00:07:13,480
as an industry, we probably move too
quickly in one direction, but we had to,

122
00:07:14,100 --> 00:07:17,360
um, and now I think if, you know,
depending on who you talk to,

123
00:07:18,200 --> 00:07:22,280
I think everyone's trying to figure out
where's the middle, right? How do we,

124
00:07:22,750 --> 00:07:26,120
like, where does this ultimately settle
in terms of working from home and,

125
00:07:26,460 --> 00:07:31,240
you know, productivity management and
quality management, and how do we, um,

126
00:07:32,060 --> 00:07:35,720
you know, call what revenue cycle's
so diverse just within itself,

127
00:07:35,870 --> 00:07:40,120
between registration and coding and
billing and case management, scheduling,

128
00:07:40,440 --> 00:07:44,000
training, education. Um, not
all of those jobs are the same.

129
00:07:44,060 --> 00:07:48,360
Not all of them come with the
same capabilities of remote work.

130
00:07:48,900 --> 00:07:49,500
Um,

131
00:07:49,500 --> 00:07:54,360
and so trying to figure out a
standardized way is probably not

132
00:07:54,360 --> 00:07:55,920
the, not the best approach. It's,

133
00:07:55,920 --> 00:08:00,440
it's how do you come up with the way
that works the best for everyone while

134
00:08:00,440 --> 00:08:04,640
being able to, you know,
serve the customized needs
of, of each of those groups.

135
00:08:04,820 --> 00:08:06,520
And so, you know, we spend,

136
00:08:06,520 --> 00:08:09,080
that's what we spend a lot of
our time talking about now is,

137
00:08:09,300 --> 00:08:12,160
is what's that look like and what are
the investments we need to make now?

138
00:08:12,670 --> 00:08:14,800
What should we be thinking about, um,

139
00:08:15,380 --> 00:08:19,080
so that we can do our jobs as good
financial stewards for the health system,

140
00:08:19,570 --> 00:08:23,840
while also being there to support
what the growth that, um, you know,

141
00:08:23,840 --> 00:08:27,800
we expect to achieve. So yeah, I said
a lot, but I, you know, there's a lot,

142
00:08:27,960 --> 00:08:30,640
a lot, a lot of challenges
going on right now,

143
00:08:30,640 --> 00:08:33,920
but I think there's solutions and, you
know, whoever does it best will win,

144
00:08:33,920 --> 00:08:35,360
and that's what we're focused on.

145
00:08:36,760 --> 00:08:38,600
Absolutely. I think that
makes a lot of sense. And,

146
00:08:38,600 --> 00:08:41,280
and definitely it was fascinating
to hear you talk about, uh,

147
00:08:41,680 --> 00:08:45,040
bringing in the next generation of
healthcare revenue cycle leaders.

148
00:08:45,230 --> 00:08:49,360
Certainly it's an important field and
so important for any hospital or health

149
00:08:49,360 --> 00:08:50,720
system to have, uh,

150
00:08:50,720 --> 00:08:54,440
those leaders in place that are going to
make sure that on the financial side of

151
00:08:54,440 --> 00:08:55,800
things, um, you know,

152
00:08:55,820 --> 00:08:59,600
you're doing what you can in order to
stay in a great place and be solid to

153
00:08:59,600 --> 00:09:02,760
provide care going forward. And, you
know, when you're looking at, um,

154
00:09:03,060 --> 00:09:06,520
the workforce, whether it's,
you know, the, the, um,

155
00:09:07,020 --> 00:09:10,360
up and coming leaders or those who are
just entering the field as well as those

156
00:09:10,360 --> 00:09:13,440
who are maybe seasoned veterans
or from other industries,

157
00:09:14,220 --> 00:09:17,640
are there any trends that you're noticing
in what they really are expecting and

158
00:09:17,640 --> 00:09:21,760
looking for in the workplace and in
what they really appreciate? Or, um,

159
00:09:22,060 --> 00:09:26,520
you know, what does that look like for
you? What has, uh, have you noticed in,

160
00:09:26,520 --> 00:09:31,080
in, are working towards, um, making
available to your team? Well.

161
00:09:31,590 --> 00:09:35,990
That's the hardest part is
that this generation, the
next generation of leaders,

162
00:09:36,330 --> 00:09:40,550
um, you know, the, the folks who
are, or recent graduates of college,

163
00:09:40,810 --> 00:09:44,230
the 22 to 25 or six year olds call it, um,

164
00:09:45,620 --> 00:09:50,470
they have a very wide ranging set of

165
00:09:51,300 --> 00:09:53,350
preferences in relation to,

166
00:09:53,650 --> 00:09:57,030
or as in regards to kind of where they
wanna work and what they want that to

167
00:09:57,030 --> 00:09:58,510
look like. And so, you know,

168
00:09:58,510 --> 00:10:01,910
it goes back to this one size fits all
approach is probably not gonna work

169
00:10:01,910 --> 00:10:05,870
anymore. Um, but at the same time,

170
00:10:06,370 --> 00:10:09,670
you can't have a hundred different
offerings for a hundred different people

171
00:10:09,670 --> 00:10:13,310
because it's impossible to manage.
And so, you know, that's what, that's,

172
00:10:13,310 --> 00:10:16,430
that's, I don't necessarily have a
great answer. It's just, you know, the,

173
00:10:16,450 --> 00:10:18,670
the question was how do,
what are the headwinds? Um,

174
00:10:18,740 --> 00:10:21,750
this is number one on
my mind is, you know,

175
00:10:22,450 --> 00:10:25,390
for the last decade plus,
um, most of the folks who,

176
00:10:26,210 --> 00:10:29,070
if you walked around a business office
or you walked around any kind of rev

177
00:10:29,070 --> 00:10:29,903
cycle area,

178
00:10:29,990 --> 00:10:33,470
a lot of the folks that you would run
into are people who had been there for 15

179
00:10:33,470 --> 00:10:36,310
or 20 years. Um, and, you know,

180
00:10:36,310 --> 00:10:41,190
they grew a loyalty to the organization
and they grew to appreciate the

181
00:10:41,430 --> 00:10:45,430
benefits, um, that come with, you know,
being an employee of a health system,

182
00:10:45,930 --> 00:10:50,830
you know, medical benefits, 4 0 3 B
matches, all those kinds of things. Uh,

183
00:10:51,010 --> 00:10:52,110
but this is a different,

184
00:10:52,580 --> 00:10:57,070
different climate and a different
labor market and a different set of

185
00:10:57,760 --> 00:11:02,110
folks coming into the workforce. And,
um, you know, I think as an industry,

186
00:11:02,110 --> 00:11:06,990
we have to figure out what the right
offering is that's gonna track those

187
00:11:06,990 --> 00:11:10,710
people because we're losing
them to, to banks and, and,

188
00:11:10,850 --> 00:11:13,870
and manufacturing and, um, you know,

189
00:11:14,770 --> 00:11:19,590
any other industry that's more flexible,
more forward-thinking, more remote. Um,

190
00:11:21,620 --> 00:11:25,600
we just, we need to, as a
whole, I think we need to, um,

191
00:11:26,010 --> 00:11:30,360
speed up a little bit the thought
process around how we attract that next

192
00:11:30,360 --> 00:11:33,080
generation, um, and how do
we grow and develop them.

193
00:11:33,260 --> 00:11:37,320
The hardest thing for me to
figure out, quite honestly is,

194
00:11:38,060 --> 00:11:42,640
um, in this world of flexible work
arrangements and, and remote work,

195
00:11:42,840 --> 00:11:46,200
which I support, uh, to some extent,
I think there's a lot of value to it.

196
00:11:46,500 --> 00:11:48,640
The question is how do you teach people,

197
00:11:49,740 --> 00:11:53,040
how do you teach them the application
of their work? I mean, mean,

198
00:11:53,080 --> 00:11:55,840
I think in rev cycle specifically, uh,

199
00:11:55,870 --> 00:12:00,680
there's so much value to a
registrar knowing what a biller

200
00:12:00,680 --> 00:12:01,560
does and vice versa,

201
00:12:02,060 --> 00:12:07,000
and there's so much value to the
scheduling people sitting arm in arm with

202
00:12:07,000 --> 00:12:10,960
the authorization team. Um,
there's so much handoff.

203
00:12:12,220 --> 00:12:12,880
Uh,

204
00:12:12,880 --> 00:12:17,240
I I think that in-person comradery is
something that we built a lot of success

205
00:12:17,260 --> 00:12:19,440
on over the years, not just
at Cooper, but as a whole.

206
00:12:19,900 --> 00:12:22,940
And so what's the right
way to do that? Uh,

207
00:12:22,960 --> 00:12:27,420
how do you train a 25 year old
analyst, for instance, about

208
00:12:29,150 --> 00:12:31,330
the application of the denial
work that they're doing?

209
00:12:31,430 --> 00:12:35,570
How do you teach them what really goes
on within case management and what may

210
00:12:35,570 --> 00:12:39,450
have caused that denial in the first place
at registration without being able to

211
00:12:39,450 --> 00:12:42,130
touch and feel it? I think, you
know, it's not that it's impossible,

212
00:12:42,130 --> 00:12:43,850
it's just we have to figure
out a different way to do it.

213
00:12:43,850 --> 00:12:47,850
And I don't think we're there yet. Um,
again, not just at Cooper, I think,

214
00:12:48,030 --> 00:12:51,090
you know, more globally, we're
just, we're just not there, uh,

215
00:12:51,190 --> 00:12:55,770
to figure out that development path.
And so that's, that's the, that's the,

216
00:12:55,910 --> 00:12:57,810
the majority of my focus, our focus.

217
00:12:58,660 --> 00:13:01,250
Those are such huge issues to
grapple with. And like you said,

218
00:13:01,270 --> 00:13:04,050
across not only healthcare
organizations, but industries too,

219
00:13:04,210 --> 00:13:08,370
I know here at Becker is we have a similar
challenge of trying to just make sure

220
00:13:08,370 --> 00:13:11,850
that as we work together,
cross-departmentally and now, uh,

221
00:13:11,960 --> 00:13:15,330
very much either hybrid or
remote, it, it's a lot to, uh,

222
00:13:15,640 --> 00:13:19,250
instill our culture and make sure
that we're not missing anything,

223
00:13:19,250 --> 00:13:20,370
missing any links and,

224
00:13:20,370 --> 00:13:24,290
and continuing to do the great
things that we are aiming to do, um,

225
00:13:24,290 --> 00:13:28,010
within the organization. So I
think that's so critical and,

226
00:13:28,010 --> 00:13:31,890
and definitely something that, um, you
know, we don't have a solution yet for,

227
00:13:31,950 --> 00:13:35,370
but it'll be fascinating to see how
that grows and develops in the future.

228
00:13:35,550 --> 00:13:39,930
And speaking of that, what are some of
the best opportunities that you see, um,

229
00:13:39,950 --> 00:13:42,530
for adding value to the
organization overall?

230
00:13:42,670 --> 00:13:46,530
How do you think about growth in
particular if you're able to look into a

231
00:13:46,530 --> 00:13:48,250
crystal ball for the
next couple years here?

232
00:13:50,110 --> 00:13:54,890
So, to answer the first part of your
question about value, um, we, you know,

233
00:13:54,890 --> 00:13:59,730
we're an overhead area, right? We're,
we're, um, we cost the organization money.

234
00:14:00,110 --> 00:14:04,810
And so our focus every year is
how do we pay for ourselves, uh,

235
00:14:04,880 --> 00:14:06,570
year in and year out? How do we,

236
00:14:06,790 --> 00:14:11,570
how do we provide incremental value
to the bottom line that supports

237
00:14:11,830 --> 00:14:15,970
the investment and resources that
we consume? Uh, that's number one.

238
00:14:15,990 --> 00:14:18,930
And I think every overhead area in any
health system ought to think that way

239
00:14:18,930 --> 00:14:20,330
because, um,

240
00:14:21,730 --> 00:14:26,410
ultimately you're eating into the
margin if you're not adding to it. Um,

241
00:14:26,910 --> 00:14:30,970
and then in terms of growth, you know,
Cooper, specifically around Cooper,

242
00:14:31,060 --> 00:14:34,370
we've got a lot of exciting
things on deck. Um,

243
00:14:35,300 --> 00:14:40,050
we're opening a new 160,000 square foot
facility local to us that's gonna be

244
00:14:40,560 --> 00:14:43,970
kind of an ambulatory hub for, um,

245
00:14:44,990 --> 00:14:48,930
all of our specialties that we offer here
and be able to provide our world-class

246
00:14:48,930 --> 00:14:53,400
cancer care, uh, out in there, out,
out in that, um, out in that area,

247
00:14:53,860 --> 00:14:56,520
as well as bring all of our, um, you know,

248
00:14:56,530 --> 00:15:01,440
orthopedic and neurological and other
subspecialty expertise out to the folks in

249
00:15:01,440 --> 00:15:04,520
that region. So that'd be, that's
extremely exciting for us, and we plan to,

250
00:15:04,780 --> 00:15:09,040
to continue that strategy over
the next few years. Um, you know,

251
00:15:09,580 --> 00:15:12,880
new Jersey's a very interesting state in
terms of healthcare. There's a lot of,

252
00:15:12,880 --> 00:15:15,840
there's been a lot of m and
a over the last few years,

253
00:15:16,100 --> 00:15:19,640
and so it remains to be seen what
will happen with that. But, uh,

254
00:15:19,690 --> 00:15:22,960
we're very well positioned in
this area to, to, uh, you know,

255
00:15:22,960 --> 00:15:27,840
control our own destiny and, and,
and we provide amazing care to,

256
00:15:28,340 --> 00:15:31,920
uh, a community that we take
a lot of pride in serving. Um,

257
00:15:32,660 --> 00:15:36,040
and so what does growth look like?
I mean, you know, for us, uh,

258
00:15:36,220 --> 00:15:40,920
as a revenue cycle unit, um, and
within our managed care team,

259
00:15:41,040 --> 00:15:41,873
I think growth is,

260
00:15:42,300 --> 00:15:47,160
is about doing all of the right
things to develop our workforce so

261
00:15:47,160 --> 00:15:49,640
that in 10 or 15 years, uh,

262
00:15:49,640 --> 00:15:52,400
whoever the next person you're
talking to sitting in my chair,

263
00:15:52,400 --> 00:15:56,240
hopefully it's still me, but you
never know. Um, you know, they are,

264
00:15:57,430 --> 00:15:59,080
they are armed with a,

265
00:15:59,320 --> 00:16:03,600
a workforce that is well positioned
to continue the success that, uh,

266
00:16:03,600 --> 00:16:07,040
we've been able to enjoy.
And so I think, you know,

267
00:16:07,550 --> 00:16:12,160
take a lot of pride in preparing
the next generation succession

268
00:16:12,400 --> 00:16:16,400
planning, uh, training, education, all
those kind of things we've talked about,

269
00:16:16,780 --> 00:16:21,740
you know, so far, how do we hardwire
success for the next five or 10 years? Um,

270
00:16:23,350 --> 00:16:27,200
that is where our focus is, and that's
what growth looks like to me. So, um,

271
00:16:27,630 --> 00:16:31,960
yeah, a lot, a lot going on, a lot of
exciting stuff, but it's, you know,

272
00:16:31,960 --> 00:16:34,520
without challenge, in my
opinion, it's not very much fun.

273
00:16:35,600 --> 00:16:37,560
I love that. Thank you
so much, Christopher,

274
00:16:37,560 --> 00:16:38,840
for joining us on the podcast today.

275
00:16:38,840 --> 00:16:42,800
This has been a fun discussion and
certainly excited to see you at our events

276
00:16:42,800 --> 00:16:43,633
this fall as well.

277
00:16:44,340 --> 00:16:46,270
Yeah, my pleasure. Look forward
to seeing you. Thank you.

278
00:16:50,900 --> 00:16:54,150
It's so important for leaders at the
top of organizations to keep learning,

279
00:16:54,300 --> 00:16:55,950
stay sharp, grow their networks,

280
00:16:56,300 --> 00:16:59,390
help our audience better do this
in a more simplified, personalized,

281
00:16:59,390 --> 00:17:03,590
and meaningful way. Becker's
Healthcare has launched my b h c,

282
00:17:04,060 --> 00:17:07,070
it's your trusted Becker's healthcare
experience and more with content,

283
00:17:07,140 --> 00:17:09,350
connections, events, and
learning opportunities,

284
00:17:10,060 --> 00:17:14,870
join the community free of
charge@www.my dot becker's hospital

285
00:17:14,870 --> 00:17:16,590
review.com, and we'll see you there.

