Insights
Insights
Articles for hospital finance and clinical leaders, written by the people who run Wardmore.
- Finance · · 6 min readWhat an occupied bed-hour costs, and why your cost report already knows
Most hospitals can work out the cost of an ICU bed-hour from numbers they already file. Here is how, and what it tells you about leasing.
Philip Ardrey, Co-founder and Vice Chair
- Technology · · 5 min readFive questions to ask before you refresh your patient monitors
Software support, interfaces, alarm data, the central station and the trade-in: what to settle before the purchase order.
Gwen Marchbanks, Chief Technology Officer
- Rural health · · 5 min readWhat 204 rural hospitals told us about winter
We asked the finance leaders in our Rural Hospital Program when cash is tightest. Almost all of them gave the same answer.
Terrence Boyd, Managing Director, Rural Hospital Program
- Credit · · 6 min readHow we read a hospital’s credit when it has no rating
Most of the hospitals we finance have never issued a rated bond. Here is what our credit committee looks at instead.
Wesley Dunaway, Chief Credit Officer
- Clinical · · 5 min readAn ICU bed is clinical equipment first
Integrated scales, exit alarms and positioning are not features to trade away for a lower price. A nurse’s view of what to specify.
Joanne Kittredge, Chief Clinical Officer
- Finance · · 4 min readWhy an equipment lender wants its loans reported every month
A term securitization means monthly reporting on every contract in the pool. That is a feature, not a cost.
Anil Raghavan, Chief Financial Officer
- Operations · · 4 min readEquipment for the surge, not for the year
Many hospitals own ventilators and monitors they use for eight weeks a year. There are better ways to be ready.
Lauren Haskins, Chief Operating Officer