The healthcare industry is going through a transformation. Theories abound as to what specific changes will occur over the next three to five years and how healthcare organizations should position themselves to succeed through this transformation.

Currently, health systems are experiencing significant margin pressure as a result of declining volumes due to COVID, intense rate pressure from commercial payers, increasing expense inflation, slowing inpatient demand, and an increasing percent of government payments. Moody’s notes that recent merger and acquisition activity has not mitigated this problem.

The nation has little to show for almost a decade of investment in innovative concepts, such as value-based care and population health, except record profits in the insurance industry and record low margins for their health systems. Health systems must invest in the development of new innovative competencies that increase market share and profitability. Those who are unable to differentiate between valid beneficial strategies and the latest passing fad can experience significant degradation in financial performance, which in some cases may be irreparable.

This presentation will use data to paint realistic scenarios for the future, (which in some cases are contrary to the conventional wisdom) and then provide real-life, practical, proven strategies for success.

Learning Objectives:

• Discover the critical strategies of highly successful health systems.
• Explore a likely scenario for the key components of the nation’s healthcare system over the next 3-5 years.

Speakers:

Nathan Kaufman
Managing Director, Kaufman Strategic Advisors

This session was originally presented at the 2022 Congress on Healthcare Leadership.

Continuing Education Credit

ACHE Qualifying Education Credit

This recording is eligible for 1 ACHE Qualifying Education credit.

ACHE Education credits will be automatically updated in your My ACHE account upon completion of the recording.

Interprofessional Continuing Education Credit

In support of improving patient care, the American College of Healthcare Executives is jointly accredited by the Accreditation Council for Continuing Medical Education (ACCME), the Accreditation Council for Pharmacy Education (ACPE), the American Nurses Credentialing Center (ANCC), and the American Academy of PAs (AAPA) to provide continuing education for the healthcare team.

This activity was planned by and for the healthcare team, and learners will receive a maximum of 1 Interprofessional Continuing Education (IPCE) credit for learning and change. For further information about Joint Accreditation credits and certificates, please click here.

Physician Continuing Medical Education

The American College of Healthcare Executives (ACHE) designates this live activity for a maximum of 1 AMA PRA Category 1 Credits^™. Physicians should claim only the credit commensurate with the extent of their participation in the activity.

Continuing Nursing Education

The American College of Healthcare Executives designates this live activity for a maximum of 1 contact hours of continuing nursing education.

Continuing Pharmacy Education

The American College of Healthcare Executives designates this knowledge-based activity for a maximum 1 contact hours of continuing pharmacy education credit. 

Continuing Social Work Education

The American College of Healthcare Executives designates this knowledge-based activity for a maximum 1 contact hours of continuing social work education credit.

Continuing Education for Dietitians

The American College of Healthcare Executives designates this knowledge-based activity for a maximum 1 contact hours of continuing education credit for Registered Dietitians and Dietetic Technicians, Registered. RDs and DTRs should enter activities offered by jointly accredited providers as type 102 on Professional Development Portfolio (PDP) activity logs. CPEUs awarded must be commensurate with participation in the activity.

Physician Associate/Physician Assistant Continuing Education

The American College of Healthcare Executives has been authorized by the American Academy of PAs (AAPA) to award AAPA Category 1 CME credit for activities planned in accordance with AAPA CME Criteria. This activity is designated for a maximum of 1 AAPA Category 1 CME credits. PAs should only claim credit commensurate with the extent of their participation.