Cost transformation today lays the groundwork for innovation tomorrow.
In the face of widespread disruption, healthcare organizations are focused on long-term transformation. In the meantime, however, expenses continue to outpace revenue growth. There is, therefore, a need to walk a fine line between innovating for the future and meeting current market demand for access, value and consumer-grade care delivery.
This paper provides an overview of the critical components of a successful operating model transformation that organizations can pursue today -- from support services in the back office, to clinical functions in the front office, to consumer-facing dynamics. We seek to illuminate how healthcare organizations can:
To remain relevant in the long term, traditional healthcare organizations will need to adapt to a new normal that is yet to be defined. However, by tackling more practical organizational inefficiencies today, they can ensure that there will be a future to look forward to.