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Strategy

Hospitals and health systems need to pinpoint their operational focus and differentiating characteristics before they do anything else related to strategy, according to a new white paper from Booz & Company.

The bottom line. No organization in any industry can say it's not important. Even nonprofits must bring in revenue, through services rendered or donations, to support their missions. But, a recent article by McKinsey & Co. suggests that executives' concern…

A recent big announcement is shaking up the grocery industry here in Chicago: Dominick's announced it will close its 70 stories in the Chicago area by the end of the year. The chain has so far only found buyers for…

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A whitepaper from experts at Booz & Company explores the various ways hospitals and health systems can posture themselves in their market, such as must-have networks, convenient alternatives or exclusive brands.

Healthcare is moving from fee-for-service toward population health-based reimbursement models. This change affects hospital service line planning. To adapt to the increased focus on and reimbursement for population health, every service line planning process should include five key considerations.

In the current healthcare industry, where healthcare reform measures are continually being rolled out and healthcare leaders are facing new challenges every day, maintaining a relevant strategic plan can be difficult. "Across the country, all of us are struggling to…

Healthcare today is changing from an inpatient-based endeavor to an outpatient-based industry in which providers are concerned with keeping patients healthy and at home, while offering appropriate services when inpatient care is needed. As this shift from inpatient to outpatient…

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