Governance Institute January, 2021
2021 is the year to redefine and redesign healthcare delivery. This article explains why success will require that governing boards and senior leaders deliberately look to the future with a clearly defined strategic vision that pulls the hospital/health system or medical group forward with optimism, realism, and authenticity.
Key Board Takeaways
Identify specific strategies to become essential in your marketplace (to payers, patients, providers).
Update the hospital/health system’s strategic plan to specifically address the impacts and lessons learned (financial, operational, strategic, and cultural) from the COVID-19 experience.
Assess if your market is more vulnerable to incursions and disruptions from both traditional and non-traditional providers (retail, telehealth, venture capital, Google, Apple, Amazon, others).
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