4sight Health November 30, 2022
Businesses in every industry diversify for economic reasons: to generate new revenue or protect existing revenue. It’s not any more complicated than that.
Hospitals and health systems are businesses in the healthcare industry. They, too, diversify for economic reasons: to generate new revenue or protect existing revenue. It’s not any more complicated than that.
A new survey of health system executives by McKinsey — yes, the same McKinsey that aided and abetted the opioid crisis and separately taught prominent health systems how to extract every dime from poor patients — buttresses the fact that hospitals and health systems are the same as other businesses when it comes to business model diversification.
Given McKinsey’s no-holds-barred resume, I’d say the survey results...
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