The road to recovery requires a collaborative three-part approach
HealthLeaders Media June 29, 2020
Develop a straight-forward strategy to determine where your health system is today – and what you need for tomorrow.
Prior to COVID-19, health systems were already facing substantial financial challenges. The pandemic has only accelerated these issues, illustrating how sensitive the current health care system is to reduction in care volume, since fee-for-service (FFS) is still the primary payment model.
As the pandemic recedes, health systems and providers must address the needs of non-COVID-19 patients and the community at large by rescheduling canceled procedures and services, while also pursuing a long-term plan for value-based models that can provide stability amid uncontrollable events.
As health systems start their road to recovery, it will be essential to:
- Focus on driving financial...