The tool helps hospital management teams address vital strategic questions, such as whether it should remain independent, and identify key drivers of hospital performance and what type of risk-based business model suits it best.
Strategy Solution is implemented in four phases: discovery, forecast, growth and execution. It allows hospitals to build a database, forecast a hospital’s profits and losses through 2019, assess opportunities for service line growth and launch the best initiatives to drive sustainable results.
Objective Health, a McKinsey Solution for Healthcare Providers, is a specialized group within McKinsey & Company. For more information on Strategy Solution, click here.
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Getting a Better Grip on Hospital Cost Estimates
What 4 Factors Should Determine a Hospital’s Service Line Strategy?
A Three-Pronged Approach to Optimizing Patient Flow
