The challenges facing the healthcare industry are profound, from surging costs in the wake of the pandemic to technology transforming how care is provided and what patients expect in service delivery. However, so too are the opportunities to innovate and take advantage of changes reshaping the industry, which represents almost a fifth of U.S. economy.

In this environment, legacy playbooks won’t solve today’s challenges. The strategies that made organizations successful in the past are not the same ones that will make them thrive going forward. As new entrants and technologies drive industry reconfiguration, it’s more important than ever for organizations to reimagine their portfolio of assets and services and how they deliver value.

Working with our parent company Huron, one of the world’s largest healthcare consultancies, we help industry leaders navigate disruption and deliver on their mission to provide quality and affordable healthcare. Our focus is on both improving short-term performance and developing longer-term, transformative strategies that position providers, insurers, and other market players to thrive in the future.

Featured Insights
Healthcare Transformation: Reducing Operational Complexity
Doctors, meeting or teamwork collaboration on data paper, infographic digital screen chart or finance funding documents. Communication or medical healthcare people planning hospital surgery insurance

A large regional health system transformed the finances and performance of its medical groups and clinics, focusing on staff efficiency, operational alignment, and leadership training. Read the article from Huron here.

Four Steps for Leading a Successful Digital Transformation in Healthcare
Teamwork, planning and meeting with doctors and laptop for medical, review and healthcare. Medicine, technology and internet with group of people for collaboration, diversity and support in hospital

Healthcare providers are spending more than ever on technology. By moving from an ad-hoc approach to one where digital is integrated into long-term strategic and capital planning, they can achieve better results. Explore the briefing.

Dual Transformation: How Healthcare Organizations Can Navigate Disruption
The unrecognizable senior patient gestures as he asks a question about the x-ray the mid adult doctor has displayed on the digital tablet.

Healthcare organizations can respond to industry disruption by transforming their existing care delivery business while simultaneously creating new sources of growth. Dive into the Huron article now.

 

 

Expertise

Markets We Serve

 

  • Academic Health Systems

Leaders in this university-affiliated segment are navigating the complexities of staying at the cutting edge of care innovation and meeting their three-part mission—clinical care, teaching, and research—while still finding ways to compensate for declining reimbursement rates.

  • Community and Regional Integrated Systems

Local and regional providers are navigating growing competitive pressures while seeking solutions to better integrate and manage the way they deliver care, finding new revenue and cutting costs while meeting the needs of a broad population.

  • Insurance Providers

Top payors are exploring diversification after a wave of consolidation and seeking to improve the economics of health insurance, promoting an improved consumer experience while appropriately managing utilization and risk across patient populations.

  • Medical Technology

Leading companies in this space are seeking to create the next generation of patient-centered innovation, from devices and products to digitally powered service models, as industry disruption and shifts in capital markets reshape the landscape.

  • Other Health-Related Services

New service and business model innovations are happening across the spectrum of healthcare delivery, from pharmacies and other specialists expanding into adjacent markets, like urgent care, while ancillary service providers like therapeutic and behavioral health specialists offer more personalized services.

Our Experience

We collaborate with leaders from healthcare organizations to help them develop strategies to transform their operating and business models, identifying growth opportunities and ensuring the delivery of high-quality, affordable care.

Fortune 50 Company Transforms Care Model

A Mother of Latin decent brings in her young daughter for a routine check-up. She is seated on her lap and the two are both dressed casually as they talk with the female doctor who is seated across from them and taking notes on a tablet.

We helped a Fortune 50 company transform from a holding company with assets in retail pharmacy, benefits management, and insurance into an integrated, consumer-centric, care delivery organization. After aligning senior leadership, the company moved to a model that allowed them to develop lifetime relationships with consumers through digital innovations and new approaches to primary and home care.

Health System Embarks on a Strategic Transformation

As children play and adults work in the background during the clothing drive, the two mid adult female co-directors discuss the paperwork on the clipboard.

We helped a regional medical system transform its performance in the wake of the COVID-19 pandemic, identifying initiatives to cut costs and bring its finances back into balance, without compromising the quality of its care. We also partnered on a plan to transform its organizational structure to overcome workforce challenges, drive growth in high-margin services, and become a regional destination for complex care.

Tech Company’s Healthcare Arm Transforms Portfolio

Medical team working on digital tablet healthcare doctor technology tablet using computer analyzed the results of medical reports, an online conference at the hospital.

We worked with the healthcare arm of a leading technology company to streamline its vast and diverse portfolio of healthcare services and products, helping it develop a fundamental thesis for the portfolio that better aligned with the company’s purpose. This included efforts to identify ways to improve the allocation of resources across products and services and integrate parts of the portfolio.

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