Hospital Strategic Planning Services
Growth Strategy
With cost increases outpacing reimbursement increases, growth is essential for your survival. And, in our experience, growth can best be achieved by focusing on your physicians Ð growth in their businesses, growth in their skills, and growth in the numbers that are loyal. Healthcare Strategy Group's planning process provides an assessment of the market and the organization's current service capabilities, its medical staff strengths and weaknesses, identification of service gaps, growth opportunities, service development needs, site recommendations, a rigorous financial analysis, and detailed action plans. The planning approach is comprehensive and will help your organization address the market in a strategic rather than reactive fashion, helping to ensure the best use of resources.
We'll look at opportunities for increasing referrals and building brand preference, evaluate whether or not you have an adequate primary care base and what it will take to build rate negotiation power, opportunities to expand your catchment area, define your most profitable services, and more.
The deliverables from a growth strategy engagement include:
- A comprehensive assessment of the market;
- A comprehensive assessment of internal service capabilities;
- A comprehensive analysis of medical staff strengths and weaknesses
- Identification of service gaps and growth potentials;
- Service development goals;
- Key strategies to pursue to achieve the goals;
- Action plans to guide implementation of the strategies;
- Detailed financial plans
For more information, please contact David Miller, Partner, (502) 814-1188 and dmiller@healthcarestrategygroup.com or contact us directly through our website.
