News and Insights
New Book Bringing Value to Healthcare Excerpted in H&HN
March 21, 2016
For more than a decade, as payers have increasingly squeezed revenues, much of health care delivery has defined its strategic response as doing what it’s always done, but for less. To get off the “spend and borrow treadmill,” hospitals need to redefine the business they are in. While there is no single solution or model that guarantees success, it’s clearly time for some out-of-the-box thinking.
Excerpted from Bringing Value to Healthcare: Practical Steps for Getting to a Market-Based Model by H&HN, Rita Numerof and Michael Abrams identify five opportunities for hospitals to increase their business model’s sustainability.