Fact Based List:
Christopher Kalkhof's Sampling of 10 Key Strategic Questions to Consider When Transitioning from a Volume-Driven to a Value-Driven Business Model
Submitted by Spencer Rinkus on Thu, 05/19/2011 - 14:40
- How should we align and integrate with our physicians? Key payers?
- How will we be paid in the future and how will that impact our current care delivery model, risk exposure and inpatient/outpatient service mix?
- How do we differentiate our care delivery model to be a more attractive option?
- How do we protect/grow our core service lines?
- What types of strategic alliances can we enter into which are not capital intensive?
- Are we prepared to manage patient populations?
- What do we envision as our “value-driven” care delivery model and what is the gap between our current state and envisioned future state?
- How will we leverage our resources to achieve hospital/system-wide efficiencies, cost-reductions and a rebalancing of the locus of our services?
- What data sources will we need to access for fact-based decisions as well as support our strategic planning and payer contracting processes?
- How will we finance the transition process?
Source: Christopher J. Kalkhof, MHA, FACHE, Director, Healthcare Industry Group, Alvarez & Marsal. "Transitioning from a Volume-Driven to a Value-Driven Business Model –Strategy, Network and Payer Contracting Considerations." presented at the 2011 Health Plan Contracting Web Summit on Thursday, May 19th, 2011.
Source URL: http://www.healthwebsummit.com/
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