We in the healthcare industry find ourselves searching for solutions amidst a maelstrom of change. The issues we are facing have been building over time – changing demographics, reimbursement reform, increasing consumerism, and innovative market entrants.
And now all players, no matter how large or historically successful, are being forced to carefully navigate these challenges not just to thrive but simply to survive. This need to stay relevant in the changing market place is prompting large investments and shifts in business strategy. While bold moves are to be expected and in many cases are necessary, even more foundational to business continuity is a clear and truly comprehensive view of the risks your organization faces and your readiness to tackle them.
Before we start sprinting to new business strategies, let’s walk through the variety of factors that must be considered before enacting a strategic vision. Only by first comprehensively understanding your organizational maturity can you expect to face the strategic challenges across the healthcare landscape and ensure you are positioned to successfully deliver on the organization’s core mission – the care your patients need. The rapidity of change we are seeing in the health care industry makes it critical to analyze your organization’s position and chart a path forward now, before available options disappear.
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