In my work with healthcare executives, it's important to help leaders think clearly about how to deal with the radical transition facing our industry.
One of the common refrains is that, while we know we're entering a new world of Pay for Value, the huge enterprise we run today is still being funded largely under the old world of Pay for Volume. Moving too fast, or too slow, could be financially catastropic. How can we time our steps in the transition so as to optimize our revenues and margins?
I offer a Strategic Brief from my website entitled, "Facing the Brutal Realities of the New World of Healthcare" that outlines what I view to be "4 Sure Bets" for healthcare executives to employ in the transition to the New World of healthcare payment. It may also be a useful primer for hospital boards, medical staff leaders and others to understand WHY their institution's leaders are taking such actions.
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