Health systems are undertaking extraordinary work to calibrate their margin, mission, market position, and operating model. Despite traditional margin improvement initiatives in such areas as supply chain, throughput, clinical documentation, and revenue cycle, margins continue to decline. Fee-for-service reimbursement cuts and recent downturns in hospital inpatient and ambulatory volumes have exacerbated provider margin gaps. Fortunately, for many large systems, the “boat vs. dock” or “volume vs. value” decision does not have to be one or the other, but rather how much change can an institution handle and how fast. The ultimate call to action is for organizations to calibrate future margins, missions, and market positioning with their operating model and underlying technology platforms.
This conference will look at effective current strategies for improved ROI across an enterprise. We’ll look at population health, finance automation, EMRs/digital technology, clinical re-design, and management of medical groups. The focus will be on tactics for margin improvement and we’ll highlight best practices from top health systems across the country.
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