Opportunities and Threats Emerging From Heathcare Reform
November 20, 2009
Posted by chcablogadmin in : Healthcare Reform
Toomas H. Truumees
Over the past several months, I’ve had the opportunity to discuss health care reform with a number of hospital executives. Change of this magnitude is always unsettling but these conversations revealed opportunities as well as challenges. Opportunities include those centered on managing populations, improving Medicaid payments to doctors, leveling the playing field for resources, and redesigning the care delivery model to focus on disease management. Conversely, a number of challenges were highlighted repeatedly, including the potential for reduced levels of funding for Medicaid and for medical schools, and a single-payer system that fails to recognize the uniqueness of children’s hospitals, to just name a few.
To sustain their ability to provide world-class care in such a rapidly changing and potentially unsettling environment, children’s hospitals will need to find innovative ways to benefit from the change and uncertainty healthcare reform might bring. As an indispensable tool in the strategy process, scenario planning can help by challenging CHCA executives to think beyond their immediate horizons to test long-held industry assumptions.
In upcoming posts, I shall share some of the key leading indicators and signposts for environmental change, no regret moves, fragile options to consider, and the big bets that may need to be made for continued success.
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