Blog – Page 2 – Newbrier

Estimating Patient Receipts for Cash Forecasting

Written on January 22, 2024.

Accurate cash forecasting is a cornerstone of financial health for any rural hospital. At the heart of this process is the reliable estimation of patient receipts and the cash inflows from...

When to Do Your Cash Forecast: Timing Strategies for Rural Hospitals

Written on January 15, 2024.

Timing is everything when it comes to cash flow forecasting in rural hospitals. Deciding when to prepare your forecast can significantly impact its accuracy and usefulness. Some hospitals wait...

The Myth of Forecast Accuracy: Building Realistic Cash Flow Projections for Rural Hospitals

Written on January 8, 2024.

Forecasting is a critical tool for rural hospitals aiming to navigate their financial futures. However, the concept of forecast accuracy often sets unrealistic expectations. At Newbrier, we...

Why Your 2024 Budget is Wrong: Understanding the Limits of Budgeting in Rural Hospitals

Written on January 1, 2024.

As we step into 2024, every rural hospital CEO needs to hear a clear message: Your budget is wrong. This statement isn’t an indictment of your planning abilities, but rather a recognition...

The Hospital Leader’s Guide to Balancing Intuition and Analytics in Critical Decisions

Written on December 4, 2023.

Balancing intuition with analytics is a critical skill for healthcare leaders, especially in the unique setting of rural hospitals. CEOs in these environments often face decisions that require...

Adapting OKRs in a Rural Context

Written on November 27, 2023.

The Objectives and Key Results (OKRs) framework, renowned for its effectiveness in diverse organizational settings, holds unique potential for rural hospitals. In these settings, the distinct...

Learning from Past Decisions: The Role of Reflective Practice in Decision-Making

Written on November 20, 2023.

Reflective practice in decision-making is not just a skill but a crucial discipline, especially in high-stakes environments like healthcare leadership where every decision can have profound...

Scenario Planning for Rural Hospitals

Written on November 13, 2023.

Rural hospitals operate within a healthcare landscape that is rapidly evolving and often unpredictable. In this context, scenario planning emerges as a crucial strategic tool for hospital...

Overcoming Decision Fatigue in High-Stress Rural Hospitals

Written on November 6, 2023.

In the high-stakes, fast-paced world of rural hospitals, hospital leaders are continuously faced with critical decision-making. The challenge of decision fatigue, where the quality of decisions...

Engaging Staff with OKRs: Fostering Teamwork and Commitment in Hospital Settings

Written on October 30, 2023.

Integrating Objectives and Key Results (OKRs) into hospital settings represents a significant shift from traditional strategic planning to a more inclusive and transformative approach. This...

Setting Effective Objectives: A Guide for CEOs in Rural Healthcare

Written on October 23, 2023.

In the unique and challenging environment of rural healthcare, the role of a CEO extends beyond management to being a visionary leader. Setting effective objectives is a crucial aspect of this...

Introduction to OKR Methodology

Written on October 16, 2023.

The Objectives and Key Results (OKR) methodology marks a significant departure from traditional planning approaches, bringing forth a dynamic and adaptable framework for goal setting and...