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Health Enterprise Strategy

Overview

Navigating the changing and unexpected nature of healthcare is getting more and harder. The complexity and difficulty of leading in healthcare today are significantly impacted by operating simultaneously in volume-based and value-based reimbursement models, shifting care models to the home or virtual technologies, increasing levels of provider burnout, shortages of workforce and clinicians, and declining reimbursement or margins. The level of market consolidation and the entry of unanticipated new competitors have increased these difficulties even further. Numerous healthcare organisations have started numerous efforts in response to the urgent need for action; however, these activities are not necessarily coordinated around a single goal and do not always produce the desired outcomes. Success depends on developing or fine-tuning a strategy to address these realities and putting that strategy into action in a deliberate and thorough manner. HCC Advisors has a wealth of expertise working with executives to create strategic plans that will give top-tier health systems a competitive edge. Our procedures make extensive use of unique analytical frameworks and forecasting algorithms. Organizational structures and underlying cultures of health systems gain significance as they expand; once they pass specific thresholds, such as those related to entity size or insurance risk, these elements become crucial success factors. To support new tactics, organisation design necessitates the development of new capabilities.

What We do

The HCC Approach to Health Enterprise Strategy

  • Development of a strategic vision and plan
  • Analyses of the market and the competition
  • Develop an ambulatory strategy
  • Budgeting, capital planning, and financial modelling
  • Customer-Centered care (e.g., virtual care, digital and transparency)
  • Management and implementation of a strategic strategy
  • Organizational structure, responsibilities, and duties
  • Planning and managing the workforce
  • Governance, laws, and procedures for determining decisions
  • Innovation facilitation