News and Insights
What Service Lines Are Really Supposed to Do
Delivery organizations face growing pressure to raise quality, reduce costs and increase revenues in an environment of reimbursement constraints, demographic shifts and accelerating technological change. New types of competition are emerging, more nimbly developing better business models that “cherry pick” the highest margin business. And as patients bear more responsibility for the cost of care, they are demanding more transparency, more input in decision making, and more value.
Healthcare delivery has to provide both better outcomes and lower cost. Tweaking how you deliver care won’t cut it. Survivors in this market will need to adapt and implement new care models…models that provide evidence-based economic and clinical value and can serve as strategic growth platforms of the future. This is what service lines need to do.Read More
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