Case Study

Repositioned for Sustainable Long-Term Success

  • Area of Expertise
    Strategic Advisory
  • Services
    Enterprise Strategy
  • Company
    Independent Community Hospital
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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

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