As you manage the constant changes to policy, payment, and care delivery, it is important to focus on strategies that set the stage for your future success. An effective strategic plan is visionary, innovative, clear, and actionable. It takes into account the changing economic, demographic, payment, care delivery, employment, and market trends. Through a strategic planning process, the Health Dimensions Group (HDG) experienced team of thought leaders will help you evaluate strategic options through consideration of various trends and their implications, unique factors influencing market share and financial condition, and competitive positioning. Our comprehensive approach provides you with specific deployable strategies, as well as implementation support to help you achieve success.
Strategic Planning and Business Planning
Introducing a new service line, opening a new campus, or restructuring existing operations can be challenging. Planning includes a myriad of considerations, such as market research, provisions for patient and resident care, and staffing. You benefit from our proven business planning processes—designed to ensure effective operations, satisfied consumers, and positive financial results.
Post-acute Care and Acute Care Integration
In today’s health care environment, partnerships are key to success. Creating partnerships to provide high-quality integrated care in settings across the entire post-acute continuum requires a deep understanding of patient needs. Effective care transitions and discharge to the most appropriate and cost-effective post-acute setting are vital to partnership success. Our experienced consultants provide essential guidance for creating partnerships that result in improved strategic, operational, and financial outcomes, highlighting each partner’s unique value in the continuum.
Preferred Post-acute Network Development
Forward-thinking, value-based health care entities, including accountable care organizations (ACOs), managed care organizations (MCOs), and others at risk, are embracing post-acute care as an essential component of the continuum, especially for improving patient outcomes and reducing total cost of care. Post-acute care represents the greatest area of variability in health care spending. Given the rapid expansion and success of value-based and risk-based payments, post-acute networks are critical to the financial and operational success of value-based health care organizations. A network of high-quality post-acute services that has a strong cost profile is a cornerstone for success in an era of value-based payment arrangements.
Our team will help you understand the specific need for post-acute care in the market that your organization serves and will assess the strategic implications of these findings for the organization. Next, we will help you develop a network of preferred post-acute providers with appropriate infrastructure for collaboration between providers.
Market Demand and Feasibility Studies
Organizations often struggle to understand their present operating markets—or markets they are entering—and their true growth potential. They may also lack awareness of how their finances and utilization benchmark against other organizations nationally. This leads to uninformed decision-making when establishing budgets or to simply using historical data to inform decision-making, which may or may not be appropriate. Knowing your market is a crucial first step to develop products and services that maximize revenue, best position your organization, and ultimately improve your bottom line. Our market research team will complete a market demand assessment that provides your organization with quantitative and qualitative data to make sound business decisions.