Healthcare Nation

  • The podcast features Thad Calabrese, Associate Professor of Public and Non-profit Financial Management at NYU's Wagner School. He has a wealth of experience in financial management theories and techniques for public sector, public services, and healthcare organizations.
  • Thad Calabrese's professional background includes serving on the board for the Journal of Public Administration Research in Theory and Public Budgeting and Finance. He was also with the New York City Office of Management and Budget, specializing in tax policy.
  • Discussing financial management in healthcare, both hosts stress the importance of generating a margin, regardless of whether an organization is for-profit or not-for-profit. If an institution fails to drive a margin, it loses the ability to control its destiny.
  • Calabrese points out the financial challenges faced by healthcare institutions, especially with the aftermath of the pandemic. While public programs and resources offered some relief, it only delayed the need for difficult budget decisions, often leading to a "kick the can down the road" scenario.
  • Other challenges discussed include shortages of key personnel, workforce burnout, supply issues, increased cost of energy, and tightening of credit. These stressors are causing an explosion in operating expenses for healthcare organizations.

Creators & Guests

Host
Rick Gannotta
Health sector executive clinician educator & researcher, RTs/links 🚫 not endorsements, TEDX; https://t.co/51mnBxpPqv @NYUWagner
Producer
Joe Woolworth
Owner of Podcast Cary, the Studio Cary, and Relevant Media Solutions in Cary, NC Your friendly neighborhood creative.

What is Healthcare Nation?

Welcome to Healthcare Nation, the podcast for enthusiasts passionate about the healthcare sector and eager to explore its current state and future trajectory. Join us as we delve into the heart of the healthcare, biotech, and MedTech industries with the help of top thought leaders.

I'm your host, Rick Gannotta, with over four decades of experience in healthcare, spanning from the hospital bedside to the boardroom, C-Suite roles in renowned health systems, advising game-changing startups and established companies, and educating the next generation of healthcare leaders.

In each episode, we'll bring you conversations with distinguished guests, including innovators, scholars, practitioners, and influencers shaping the healthcare landscape. Gain valuable insights from their perspectives and stay updated on the latest developments, trends, and noteworthy news.

Join us on this exciting journey and become a part of the Healthcare Nation community. Subscribe now on Apple Podcasts, Spotify, or your favorite podcast platform to stay in the loop.