Becker's Healthcare September 30, 2024
A chess grandmaster once said that the most powerful advantage in the game is simply to be ready with the next move. The same is true in healthcare, especially when you think about competition in local markets.
Unfortunately, today, healthcare leaders are often hesitant to make the next big move on the competitive board. We crave certainty of forecasting despite changes in volatile markets, both locally and nationally, that often outpace the relentless reliance on strategic and financial analytics. Leaders often struggle to execute their current plan, let alone anticipate multiple moves. Many have hit pause on emerging business and clinical care transformation strategies to minimize the downside risk, an understandable decision given stressed balance sheets and declining operating margins.
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