4 Ways Healthcare Orgs Can Compete and Lower Costs

A close look at four strategic initiatives hospital and health system senior leaders are using to keep their organizations relevant, necessary, and innovative.

Hospitals and health systems are facing competitive threats from more angles than ever before. From innovative healthcare tech startups to traditional payers making inroads into the provider space, today’s threats have multiplied.

For healthcare leaders to ignore them would be at their own peril.

As health systems attempt to pivot toward innovation to fend off a new generation of competitors that seek to dominate specialized pieces of the healthcare continuum, they are burdened with their legacy as high-cost conglomerates that provide everything from high-level ICUs to quick clinics co-located in drugstores.