A case for rethinking how to define, create, and capture value
These new entrants are posing a considerable threat to health systems as they design targeted healthcare solutions for specific segments without the encumbrances that many non-profit healthcare entities face.
Health systems now must determine how best to create value from the networks they’ve created in both traditional ways (through alignment with health plans) as well as novel approaches of utilizing the network to extend the health system’s reach into new markets alone or in partnership with others.
This piece identifies activities and strategies for health systems to pivot their care delivery business model and create value that meets the purchasers’ and consumers’ evolving needs.
The pandemic has brought disruptive changes to how and where patients access care. Health systems now must reconfigure their networks with a view of the considerable shifts in the demand model.
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.
Many hospitals and health systems are considering integrated partnerships more urgently than they have in the past — and perhaps with partners that have historically been considered unlikely.