How hospitals and health systems can transform their operating models for sustainability
Health system executives describe it perfectly. The new health economics emerging from the COVID-19 pandemic has never been more succinctly explained. Because things are different and almost everything is different in this new economy.
However, there is no difference in the way some hospitals and health systems operate. As a result, many organizations struggle with clinical, financial, and operational efficiency. What they need is a new operating model that adapts to and overcomes the significant changes taking place in the market. Traditional, marginal responses to these profound changes are no longer adequate.
This pioneering report from the American Hospital Association’s MarketScan outlines the key tenets and features of its new operating model, and the two health systems are permanently changing their respective health care economics in the material market. It details how the model is used to sustainably respond to forces.
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