Issue link: https://beckershealthcare.uberflip.com/i/148059
Executive Briefing: Population Health Characteristic 25 Key change Governance Fiduciary responsibility refocuses on the organization's development of intellect and innovation Organization Ambulatory, physician and knowledge divisions are on par rather than under the hospital structures Finance Affiliation Management Strategy NOI rather than EBIDA; ROI incorporates option value and potentiality Partnership rather than control Repeatable processes and consistency Learning; capability share rather than market share pital leadership structure out of the center making it equal with physician, ambulatory and population health management enterprises. 3. Regional health systems will shift their remaining capital investments from inpatient assets to primary ambulatory assets (primary care clinics, urgent care, ambulatory diagnostic and procedural centers). 4. artnerships between health sysP tems and physicians, insurers, non-traditional providers (retailers, employers) and communities will proliferate as health systems seek to build capabilities to care for a population rather than treat a patient. 5. he community and academic T health centers that have not developed a strong capital or capability position will close as they become increasingly irrelevant to the market and not find partners or systems to remain viable. Conclusion As with any major industry environment change, the organizations that recognize the change and adapt more quickly will be the winners. For health systems to thrive in the population health environment, an intense focus on building new organizational capabilities is needed. Those that develop the capabilities to partner, innovate leverage expertise and improve processes will be the winners. n Kate Lovrien and Luke C. Peterson are principals at Health System Advisors. Together they have spent more than 25 years advising senior healthcare leaders on their market and organizational strategy. They can be contacted at Luke.Peterson@HealthSystemAdvisors.com. Haas, D. and Garmon, C (2011). "Hospital Mergers and Competitive Effects: Two Retrospective Analyses". Int. J. of the Economics of Business Vol. 18, No. 1. pp. 17-22 3 Stalk, Evans, and Shulman, Competing on Capabilities: The New Rules of Corporate Strategy, Harvard Business Review, MarchApril, 1992 4 It's what we do: Advise Leaders, Advance Organizations, in order to Transform the Industry. We are strategy consultants. References: 1 IBIS World "Urgent Care Reports", 2012 2 Weinick, Burns, and Mehrotra, Many Emergency Department Visits Could Be Managed at Urgent Care Centers and Retail ClinicsHealth Affairs, vol. 29, no. 9, Sept. 2010, p. 1630-1636 Health System Advisors is a strategy consultancy whose mission is to advise leaders, advance organizations and transform the healthcare industry. For more information contact HSA at (877) 776-3639, or email Kate.Lovrien@HealthSystemAdvisors.com or Luke.Peterson@HealthSystemAdvisors.com. HEALTH SYSTEM ADVISORS