About: Patrick Thornton
Patrick Thornton is a former hospital CFO. He is passionate about creating solutions for the healthcare dilemmas that face employers today.
Recent Posts by Patrick Thornton
A quote has been in my mind for the past several days. “Ask not what your country can do for you, but what you can do for your country,” by John F. Kennedy. In the lead up to the storm, I worked with eight of my immediate neighbors to prepare ourselves for Irma. As we…Read more
The health insurance industry has been in a state of chaos for decades, but the major players in the industry are in no hurry to make any changes. Within the past 10 years: Health insurance carriers’ profits have almost doubled from $8 billion to $15 billion. Hospital revenues have grown from $760 billion to $936…Read more
The healthcare industry has been undergoing consolidation for many years. The newest trend involves hospitals purchasing physician practices, taking over office administration, adding the doctor and his employees to their payroll. On the surface, this doesn’t seem like it would make much difference, but when we look deeper, the impact on costs is significant. Let’s…Read more
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