Healthcare systems: Evolve strategies for long term growth
Establishing effective and progressive hospital strategy
Comprehensive and proactive healthcare strategies and hospital management planning are your best defense against rising hospital costs and emerging competition from ambulatory care settings. They also help ensure effective hospital risk management procedures are in place. And with the burden of pandemic-induced financial pressures and the shift toward value-based care being felt across the industry, a trend toward rapid hospital consolidation has many organizations considering the role of M&A in their healthcare strategies.
Does your health system have a well-rounded and far-reaching hospital strategic plan to build effective partnerships and bring efficiency to your organizations? Continue reading for strategies that can support your operations now while preparing you for the future of healthcare.
After a financially disastrous 2020, the healthcare industry can afford to be more optimistic in 2021. Sharon Ulep and Bailey Benoit recommend developing a strong recovery plan to address the challenges and opportunities of a post-pandemic environment via FierceHealthcare.
How did Geisinger’s emergency department reduce wait times and overall improve patient flow hospital-wide? Through our customized process improvement strategies.
A critical access hospital, which is a provider of primary and emergency care for residents and key employer within the community, achieves $3.7 million in year-over-year savings through process and financial improvement efforts.
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Our more than 225 dedicated healthcare professionals understand what it takes to prepare a sustainable financial plan, develop and execute strategies for growth through a value-based care model, and plan M&A initiatives that minimize transactional risk and delays.
We have the expertise to help you:
- Prepare a strategic and financial plan that’s sustainable and improves hospital efficiency.
- Explore and develop M&A strategies.
- Assess risks and liabilities associated with operations and capabilities.
- Develop effective internal controls and processes to manage risk.
- Plan for optimal organizational design, including multistate facilities.
- Determine how hospital restructuring could increase productivity and improve patient outcomes.
The future of healthcare is here — contact us to discover how to achieve stability today and growth tomorrow. Learn more about our hospital and health system services.
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