Focused Factories – Meeting the Challenges of Payment Reform

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hfm Magazine

Hospitals that are structured as systems of focused factories – providing bundles of care in a variety of service lines – will be better positioned to compete under value-based business models. This article provides three strategies that can enable a hospital to transform its business into a portfolio of focused factories, change the traditional organizational structure to one that is service-line based, promote integration with physicians through shared management and governance control at the service level, and manage services across hospitals.

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