Strategic Planning
The starting point for every good business plan.
Our Strategic Planning services include:
- Market Study
- Strategic Planning
- Physician/Hospital Planning
- Joint Venture Planning
Strategy is critical to the success of your healthcare enterprise. The healthcare environment is changing rapidly. From changes in reimbursement to life in a post-COVID world, healthcare institutions must think strategically now more than ever.
Healthcare is competitive. The first step in any strategic plan is to gain a better understanding of the market in which we work. Who is the competition? What is our market share? Should we be expanding into other geographic locations? Should we offer new or expanded services? Having a thorough understanding of the market in which we compete is critical to our future success and in the development of a sound strategic plan.
The results of the market study will inform the next steps in the strategic planning process. We work with our clients to guide them through an interactive process. We help our clients identify up to 10 strategies they want to deploy over the next 2 - 3 years. Realistically, most clients prefer to focus on the top 5 - 7 strategies. Then, we work with our clients to develop unique tactics to successfully deploy each strategy. The result is an execution ready strategic plan that the client may then begin to implement immediately.
We must plan strategically for the financial stability of our organizations and the future of the patient care we deliver now. Success will come to those who continually think ahead of the competition. We have over three decades of experience helping healthcare providers of all kinds (single-specialty physician groups, multi-specialty physician groups, and hospitals) design and implement winning strategies.
We work with you to identify and prioritize strategies, assign responsibility, and build accountability into every strategic plan.