Healthcare Providers Need to do a Strategic Growth Reset...
And Do So Quickly
Healthcare providers have been in a crisis mode responding to the pandemic. But after the immediate crisis is dealt with, there will be no returning to the old normal. We are looking at fundamental changes in how health care services will be accessed and delivered in a rapidly-changing healthcare world. According to John Glaser of Harvard Medical School, organizations "must also begin to define and prepare for the future of care amid economic, regulatory and social uncertainties. What might the post-Covid-19 landscape look like?"
Healthcare providers have been in a crisis mode responding to the pandemic. But after the immediate crisis is dealt with, there will be no returning to the old normal. We are looking at fundamental changes in how health care services will be accessed and delivered in a rapidly-changing healthcare world. According to John Glaser of Harvard Medical School, organizations "must also begin to define and prepare for the future of care amid economic, regulatory and social uncertainties. What might the post-Covid-19 landscape look like?"
The industry will continue its accelerated move toward more decentralized access to health services, virtual health, and much greater patient connection and engagement through digital technology. Disruptors will fuel the shift to more retail medicine. There will be an even greater emphasis on the delivery of personalized, value-driven care to defined groups and market segments.
Healthcare systems with legacy care processes, delivery platforms, and cost structures are at risk in this new post-pandemic future. A historic parallel could be drawn to the years-ago introduction of chip technology in the computer world, and the resulting free-fall of IBM and other mainframe computer businesses. Healthcare systems today are in many respects in a similar position.
Healthcare systems with legacy care processes, delivery platforms, and cost structures are at risk in this new post-pandemic future. A historic parallel could be drawn to the years-ago introduction of chip technology in the computer world, and the resulting free-fall of IBM and other mainframe computer businesses. Healthcare systems today are in many respects in a similar position.
Past assumptions, plans, and future directions need to be re-challenged
in the pandemic and post-pandemic new world.
in the pandemic and post-pandemic new world.
Setting Your Organization on the Path
to Growth and Success
We can assist you in developing the strategic template for your organization's future direction. The CEO Advisory Network team can provide your healthcare organization with hands-on assistance in the following areas:
CREATING A STRATEGIC TEMPLATE FOR CHANGE
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Conducting a comprehensive assessment of your organization’s changing market and current-state position is critical. The assessment will identify critical priorities, timetables, and action steps. We work with your leadership team to develop a strategic template for change. It includes a comprehensive assessment of your organization’s current strengths, vulnerabilities, and opportunities. A key objective is to achieve organizational alignment by getting all members of the leadership team and other stakeholders to contribute to and feel ownership of the new direction.
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DEVELOPING YOUR CLINICAL SERVICES AS ENGINES OF GROWTH
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Identifying the opportunities and priorities for clinical services development, market initiatives, alliances and partnerships, and other strategies for achieving growth and enhanced profitability will provide the strategic direction. Clinical service lines are still the key to your organization’s stabilization, growth and financial performance.
We then build on existing clinical strengths while meeting changing community needs and strengthening your financial position through market-leading clinical centers of excellence. We identify which services can give your organization the most strategic and economic “lift.” Working with clinical and executive leadership in bringing these services to their full potential through staffing, technology, delivery platforms, and organizational designs is the key to success. |
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RESTRUCTURING YOUR DELIVERY PLATFORM
We have the expertise to work with your leadership team in developing a strategic blueprint for a more accessible, distributed and patient-connected delivery platform. In a post-COVID-19 landscape, we work with your organization to define the "new normal" needs and opportunities for more accessible, off-site care centers for routine care, as well as high-tech ASC’s and elective services. Our experts can assess both your current status as well as direction as it relates to virtual care, digital health, and patient communication and CRM technologies. Given the transition to more decentralized delivery modalities, we can assist in evaluating options for repurposing (and possibly sale or lease) of existing campus-based assets that are past their functional life span. |
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DEVELOPING A VALUE ADVANTAGE
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Developing the strategies and infrastructure to maximize the impact and value of new care delivery models, including care process design, prevention and disease management is the key to a successful growth strategy. We work with your clinical leadership to achieve and maintain a value advantage. We evaluate your cost and outcomes on a comparative basis as well as work with your caregivers to determine how various care processes can be improved. A major focus of our approach is to achieve a more patient-centered, multi-disciplinary provider alignment through the various stages of care.
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We have the Depth of Experience to Assist You
The CEO Advisory Network can serve as a valuable resource in developing the strategic template for your organization’s future direction. What makes our team unique is that it consists entirely of individuals who have served in successful leadership roles in large health systems, as well as nationally-recognized consultants who have extensive experience in all facets of strategic planning and clinical services development. Based on this senior-level experience, we have a very hands-on, results-focused approach to both planning and implementation.
Click here to speak with one of our Advisory Team Members.
CASE STUDY: University-owned Teaching Hospital: Developing a Strategic Template for Stabilization and Growth
Meet Your Advisory Team
Thomas J. Strauss
Senior Partner |
Frank Lordeman
Senior Partner |
John Abendshien
Integrated Clinical Solutions |
Mark Janack
Integrated Clinical Solutions |
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Tom has led a successful career in all aspects of health system operations, planning, and development. Currently president and CEO of the Sisters of Charity Health...
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Frank has over 40 years of senior executive leadership experience in nationally recognized major integrated multi-hospital health systems. Most notably he served as...
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John has over 40 years of experience providing consulting services to healthcare organizations in the areas of enterprise strategy, integrated clinical...
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Mark is one of the country's foremost experts in the development of clinical programs and centers of excellence. He also has extensive experience in all...
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