Healthcare Strategic Growth Blog

Founder’s Post: Stratasan's 2020 Year-End Reflections

Posted by Jason Moore on Dec 1, 2020 3:45:18 PM

How Our Purpose, Niche, and Story Are Designed to Help You Succeed

By Jason Moore

We recently held our annual Town Hall, which is a time set aside for reflection and preparation for the new year. Following the pattern of most everything else in 2020, this year’s Town Hall looked different from the past. It was virtual and shorter in length in an effort to be mindful of the taxing nature of multi-hour video meetings. 

One consistency from the past was that much of the time was spent reflecting on our purpose, niche, and the ongoing evolution of our company story. This trifecta encompasses what makes our company unique, our “special sauce,” if you will. 

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Tags: data-driven decisions, dikw pyramid, founder's reflections, decision-driven decisions

4 Ways to Identify Service Line Opportunities

Posted by Morgan Atkins on Nov 10, 2020 1:15:00 PM

Drive Growth and Provide Quality Care

By Morgan Atkins

While vital to growth, service line development can be risky and typically requires a significant time and financial investment. In order to minimize risk and expand your service offerings more effectively, hospitals need reliable, data-based intelligence to guide their efforts.

In this post, we consider four ways to identify pockets of unmet demand and consider how to add new facilities in these areas. We’ll highlight some common mistakes providers often make and discuss how to get a more detailed understanding of your patient population so you can focus on the right service line growth opportunities.

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Tags: growth planning, healthcare service area, healthcare service line, service area, service area growth, service line growth, hospital service area, hospital growth

3 Essential Questions to Ask of Your APCD Provider

Posted by Morgan Atkins on Nov 3, 2020 12:30:00 PM

Uncover the Fundamental Truths Your APCD Should Deliver

By Morgan Atkins and Daniel Dreaden

Not all APCD (all-payer claims data) is created equally. Depending on the data aggregator and clearinghouse used, the APCD offered by any given analytics company can vary significantly.

When choosing a partner to provide your APCD, it can be difficult to discern what’s most important. Many incentives offered may sound nice to have, but could also be distractions to keep you from noticing more critical features that are lacking. As you consider your options, keep these three questions in mind:

  • Does this APCD provide patient cohort tracking?
  • Will you be able to access submit and remit data?
  • Is there transparency into what is being modeled and how?

Let's discuss in more detail each of these questions and why it’s critical to have these clearly answered before signing on with an APCD provider.

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Tags: data analytics, healthcare data, healthcare analytics partner, healthcare data analytics, all-payer claims data, apcd

How to Conduct a Virtual CHNA

Posted by Lee Ann Lambdin on Oct 20, 2020 3:53:46 PM

Unprecedented Times Call for Unprecedented CHNA Processes

By Lee Ann Lambdin

Every three years, non-profit hospitals, and many for-profit hospitals, take part in a months-long process called a Community Health Needs Assessment (CHNA). A CHNA is designed to identify the community’s greatest health needs before they develop an action plan to address them. Because of the COVID-19 pandemic, many hospital officials have been forced to alter their approach this year, attempting the intimidating prospect of a virtual CHNA. They’ve switched to virtual sessions or telephone interactions to gather and share information. Granted, it‘s not ideal to complete an entire CHNA remotely, but it is possible. Stratasan has had the opportunity to perform three fully remote CHNAs in 2020. In this post, we’ll discuss how to conduct a successful virtual CHNA.

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Tags: chna, community health, Community Health Needs Assessment

The Many Ways Hospital Associations Provide Value

Posted by Megan Reeves on Oct 6, 2020 8:44:31 AM

Tips for Supporting and Encouraging Providers and Members

By Megan Reeves

Hospitals are looking to their state associations for help now possibly more than ever. They need reassurance as they navigate uncertainty about the future and the impact of COVID-19. They’re anxious to respond to changing legislation. They’re concerned with whether or not they’re equipped to sustain their current staff and grow in the future.

In this post, we’re highlighting the many ways we’ve seen hospital associations step up and support their hospitals in meaningful ways. We wanted to shed light on the work being done and offer inspiration to associations looking for fresh ways to provide value.

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Tags: Star platform, hospital associations, state associations

Oncology Transition Study

Posted by Morgan Atkins on Sep 30, 2020 4:39:11 PM

Tracking Care Patterns by Cancer Site

By Morgan Atkins and April Adams

Earlier this year, members of the Stratasan team conducted a study to determine if treatment care patterns differ for oncology patients by cancer site. The hypothesis was that the most common treatment path for cancer patients is to first seek surgical treatment, then medical, then radiological. Patients were grouped by their order of transition from surgical, medical, and radiological procedures. 

Below you will find the results of this study.

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Tags: data analytics, all-payer claims data, apcd, oncology

[Infographic] Making Meetings Better

Posted by Brian Dailey on Sep 21, 2020 1:15:00 PM

Respect meetings. Your time is valuable.

By Brian Dailey , Haley Devlin , and Louis Joseph

We all would appreciate more effective, productive meetings that lead to happier, more productive teams. Especially in a world where "Zoom fatigue" is a legitimate concern, managing how often and why meetings are booked is critical.

These days, people are meeting online for everything from work, to happy hours with friends, to therapy sessions or even working out. A Wundamail Work from Home 2020 Report found that 42% of remote workers found the continuous stream of virtual distractions on various apps "deeply distracting" and felt most productive when working for a long period of uninterrupted time. The overwhelm of unnecessary and poorly planned meetings can drain your team and breed cynicism.

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Tags: core values, healthcare meetings, meetings, employee experience, customer experience

Make the Most of a Virtual Conference Experience

Posted by Lee Ann Lambdin on Sep 9, 2020 7:12:42 AM

6 Tips to Maximize Your Time

By Lee Ann Lambdin

Virtual conferences are one of the many realities of COVID life. Businesses like ours are finding out how to navigate this new normal one virtual event at a time, collecting new ideas like souvenirs and learning from our mistakes as we go. 

As we approach the fall and a season of back-to-back events, we’ve compiled a list of strategies for how to get the most out of each one we attend. Some of our tactics aren’t much different from how we’d approach an in-person event, while others are altogether new and intended to address the unique opportunities presented by online interactions. In the post below, you’ll find our top six tips for maximizing a virtual conference experience.

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Tags: conference, healthcare conference, conferences, virtual conference

[Infographic] What is Fair Market Reimbursement?

Posted by Jennifer Keller on Aug 25, 2020 5:08:37 PM

When entering payer/provider reimbursement negotiations, the need for data to back your position is critical. The right insights can show how your payer contracts compare to the market, how payer rates have changed over time from facility to facility, and highlight financial opportunity. This intelligence can equip you to more successfully navigate payer negotiations and leave with more favorable reimbursement rates.

The infographic below highlights a particularly helpful data-based insight called Fair Market Reimbursement. This is a reasonable range of reimbursement rates that all providers within a local market receive from a commercial insurer or payer. Created by our partner Ancore Health, the infographic below explains Fair Market Reimbursement in more detail, by answering several common questions.  

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Tags: mra, market reimbursement analyzer, payer negotiations

[Download] 6 Ways to Tell a Better Story with Your Data

Posted by Lee Ann Lambdin on Aug 12, 2020 7:26:31 AM

How to Be More Insightful and Strategic with Data-Based Findings

By Lee Ann Lambdin and Forrest Rich

At the close of each quarter, strategic planners in the healthcare industry have the opportunity to present quarterly findings and progress updates to executive teams and upper-level management. These quarterly meetings often provide critical insight necessary for continued advancement in planned growth-related projects. They could also be the ideal time to present new ideas.

These meetings present an opportunity to share key findings to leadership that can change the course of how a hospital’s planning, marketing, and business development departments will function in the weeks and months to come. Therefore, it is critical that you're prepared to tell the most compelling story possible with the data you have on-hand.

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Tags: data visualization, data analytics, data-driven decisions, infographic

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