Four Ways Sites of Care Are Shifting
– How to Make Your Network Match
Recent years have seen a major migration in where patients access care as continuous advancements in medicine and technology have enabled providers to safely deliver care in settings previously thought impossible.
While this migration has not always been seamless, health systems have typically had time to plan — with either a steady shift over time or an anticipated change in reimbursement or regulatory guidance signaling the shift to come.
The COVID-19 pandemic disruption has challenged many health systems. They must rise to the challenge of adapting their resource-heavy, high-acuity sites of care to meet inconsistent patient volumes across both COVID and non-COVID patient populations. And they must meet patient demand for care in lower-acuity settings, which the network may not be well-equipped to deliver.
This paper examines how the delivery demand model is changing and how health systems can realign the current mismatch between network assets and patient demand.
In times of crisis, it is often challenging to look beyond the emergency at hand. However, in the post-COVID-19 surge landscape, health systems have no choice. Here we summarize the current market state and highlight five imperatives that health systems must successfully navigate in the new reality.
As health systems seek to address COVID-19’s economic and patient care challenges, success increasingly hinges on the ability to create high-performing provider enterprises.
As the COVID-19 pandemic endures, health systems across the country head into the second half of 2020 with margin improvement as a top priority. The first six months of the year brought the “perfect storm” of financial disruption – loss of elective procedures, reduced patient volumes and increased costs to manage dual systems of care for both COVID and non-COVID patients. Amid the fallout, hospitals face an immediate need to reduce costs by year-end.