Repositioned for Sustainable Long-Term Success
-
Area of ExpertiseStrategic Advisory
-
ServicesEnterprise Strategy
-
CompanyIndependent Community Hospital
SITUATIONAL COMPANY ISSUES & OBJECTIVES
Independent community hospital in a competitive regional market
Board and CEO recognized the need for a contemporary strategic plan to chart a course for sustainable long-term success (with a desire to remain independent)
ACTIVITIES & RESULTS
Educated the Board and management on key health industry trends and the strategic initiatives of other comparable independent community hospitals
Conducted Strengths, Weaknesses, Opportunities and Threats analysis, with a primary focus on the community hospital’s market positioning
Facilitated the strategic planning process, characterized by active board and management participation
Comprehensive 5-year strategic plan with specific strategies and tactics in areas such as programmatic investments, physician enterprise development, payor contracting, patient and employee satisfaction and clinical academic affiliation
Plan implementation provided platform for sustainable financial success as an independent health system
Our Insights
Avec Group Perspectives
Get insight into the latest developments and trends impacting the health provider sector and healthcare industry with our ongoing series of articles and white papers.