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By optimizing radiology services, health systems can achieve measurable, sustainable improvements in their operational and financial performance. Transitioning from unorganized,
When optimally structured, anesthesia services lead measurable and sustainable improvements to a health system’s operational and financial performance. By transitioning from
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Deleveraging and reducing costs through automation and operational efficiencies should be priorities of public hospitals, and efforts should focus on sustainable solutions that generate long-term value.
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Our guest on episode 67 of Healthcare Upside Down is Prashant Natarajan, General Manager and Vice President at H2O.ai
Service Line Strategy
Orthopedics has been a frontrunner in the healthcare transformation, steadily pushing the boundaries of technology, care delivery, and reimbursement, and moving the industry toward value-based care.
Orthopedic service lines have long been at the forefront of the healthcare transformation. New technology and advanced surgical techniques have allowed for less-invasive procedures and a wider range of treatment options, allowing providers to expand service offerings to a broader patient population. At the same time, these advances have prompted the migration of many surgical cases to move from high-cost inpatient hospital settings to lower-cost ambulatory surgical centers where patients can get high-quality care in a more patient-friendly setting.
Regardless of the type of healthcare provider organization, advancements in orthopedic services offer both opportunities and challenges. Health systems and hospitals are faced with the reality of high-volume, high-revenue cases leaving their ORs. While this is unnerving, it also represents opportunities for strategic alignment with surgical groups and expanded service offerings. ASCs are the beneficiaries of this surgical migration but face challenges of scale, operational optimization, and organizational alignment. To make the most of these opportunities and mitigate potential risks, healthcare providers must take a proactive approach to their orthopedic services.
Download the Orthopedic Services Brochure
Partner, San Diego
Principal, San Diego
As orthopedic surgical cases move to outpatient and ambulatory sites of care, hospitals risk losing surgical volume, revenue, and surgeons, Discover what it means to be a true destination for care in the new era.
On February 20, CMS issued a proposed rule to extend the CJR model by three years to December 2023. Health systems affected by this proposal should consider incorporating these three strategies into joint replacement programs.
Previously, we discussed how to improve underperforming comanagement arrangements. What about those arrangements that are succeeding and enhancing an organization’s quality, patient satisfaction, and costs: what’s next? Here are three possible strategies to help grow volume, improve profitability, and solidify alignment with physicians.
Because of the continuing uncertainty about future changes to reimbursement and costs for outpatient orthopedic surgeries, the number of health system/ASC transactions is likely to increase over the next few years.
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