Healthcare Strategic Growth Blog

Takeaways from the Innov8rs Conference, March 2018

Posted by Stephanie Johnson on May 1, 2018 10:11:12 PM

Design Thinking, Authentic Demand, and More

By Hank Neuhoff, Stephanie Johnson, and Morgan Atkins

Opioid addiction apps, acuity-adaptable rooms to insertable cardiac monitors, and virtual reality for pediatric patients are among the technology-related issues that healthcare leaders should pay close attention to this year, according to the ECRI Institute's 2018 Top 10 Hospital C-suite Watch List. With the rapidly changing healthcare landscape, it's getting harder to anticipate what’s next. We understand the challenges that come with keeping pace with developing technologies, changing care trends, and evolving patient needs. Yet we also recognize how paramount change is to progress. We strive to be trailblazers in the healthcare space, developing innovative tools and services that address our clients' growth goals.

Read More

Tags: healthcare trends, conferences, innovation

Fostering Innovation: Creating a Workplace Culture Open to Change

Posted by Morgan Atkins on Jan 9, 2018 3:19:16 PM

Practical Tips for Maintaining a Growth Mindset in your Organization

By Morgan Atkins

Stratasan understands how paramount change is to progress. We strive to be trailblazers in the healthcare space, developing innovative tools and services that address our clients' growth goals. The best way we can effectively lead our clients and provide value is by innovative thinking that challenges the status quo. Our goal is to empower our customers with the strategies that will equip them to more effectively face a challenging and ever-evolving healthcare industry.

At the heart of innovation is the ability to reframe your perspective. Henry Ford once said "If I had asked people what they wanted, they would have said faster horses." Often, the question itself limits what you think the possibilities are. If you have an open mind about the possibilities, you maximize your chances of building effective and unexpected solutions.

Read More

Tags: strategic growth planning, strategic planning, strategy, growth, growth planning, healthcare strategy, working smarter, healthcare growth, healthcare trends, leadership, change, healthcare leadership, development, core values, hospital growth

How to Strategically Manage Analyst Overload and Master Your Work Queue

Posted by Taylor Smith on Feb 21, 2017 11:39:21 AM

By Taylor Smith and Anusha Achukola

As we saw in last week’s blog post, many hospitals and healthcare systems are challenged with having too many analyst needs and too few analysts to complete all the work. As an in-house analyst—working on your own or as a part of a team—you are likely facing a long queue of requests and wishing you could somehow find a better solution to keep up with the demand.

As the amount of data that healthcare organizations collect continues to grow at a rapid rate, the volume of information you and your team will be tasked with analyzing will only continue to grow as well. Without the right tools and workflows, you will continue to struggle to balance it all. 

In last week’s post we outlined a few suggestions for how to overcome the ongoing healthcare analyst shortage. In this post, we’ll address this same issue—but from your perspective.

Specifically, if you are an analyst buried under a pile of reports to be done, we’ve got some practical ways you can update your workflow and manage your work queue—getting more done in less time and with fewer errors.

Read More

Tags: data analysis, healthcare data, data analyst, healthcare trends, launch pathway, healthcare analyst

Healthcare Analysts are in Short Supply: How to Overcome the Challenge

Posted by Lee Ann Lambdin on Feb 14, 2017 1:33:49 PM
by Lee Ann Lambdin

I hired a great analyst a few years ago. She was skilled with database programs, understood the complexities of the healthcare market, and had previously been a medical records coderin short, she was very talented. The longer she was in her position, the more our state data was reported accurately and on a reliable schedule. It was a huge win for me and my team!

Recognizing her capabilities, I asked if she could start running "quarterly standard reports" that present key findings which could influence how our planning, marketing, and business development departments would function and what we would focus on in the weeks and months to come. These quarterly updates would be high-level summaries of our market landscape and would cover everything from our hospital’s market share, trended volume, competitor positions, product lines, payor mix, patient migration patterns and more. 

 

Read More

Tags: strategic growth, strategic growth planning, strategic planners, strategic planning, data analysis, data analytics, healthcare, healthcare data, healthcare strategic growth, healthcare analytics partner, healthcare trends

Hospital Pay Cuts: Breaking Down the HAC Scoring System

Posted by Jason Haley on Jan 29, 2016 8:56:41 PM

with Christian Nicholl, and Hank Neuhoff

*

The Affordable Care Act was implemented to ensure that patients would have access to affordable, high quality, and safe healthcare. Regulations and measures were put in place to make certain that hospitals were meeting these newly implemented standards of care and safety. These standards, known as the Health-Acquired Conditions (HAC) requirements, have led to more in-depth scrutiny into whether hospitals are truly doing everything they can to reduce preventable infections and patient death through unnecessary complications.

Read More

Tags: health care, health system, healthcare, healthcare budget, hospital, hospital budget, hospital budgeting, hospitals, healthcare trends

For-Profit Hospital's Medicare Top 100 DRGs - Analyst Study

Posted by The Stratasan Team on Jun 12, 2014 6:54:29 PM

A security analyst recently released a report entitled Hospital Market Share Gains and Losses Medicare Top 100 DRGs on June 10, 2014.  CMS recently released the top 100 DRGs for Medicare beneficiaries. The analyst makes several interesting assumptions and/or conclusions from the data.

Read More

Tags: data, healthcare trends

Young Invincibles Are No-Show for the Party

Posted by The Stratasan Team on Jan 15, 2014 5:37:17 PM

Based on the HHS's self-reported data on people who actually signed up for the Marketplace, the Young Invincibles (8.8%) did not show up to the party.  Comparing the actual age segments of the population from 2000 to 2012 shows just how quickly our population is aging and straining the Healthcare system already.  The current Marketplace is an inverted pyramid which translates into a very scary fulcrum to keep the balance intact.  The theory of population health management states that if we can get enough young healthy people in the base of the pyramid, it will support the demands of the more senior population.

Read More

Tags: ACA, Age Wave, HiTech Act, Obamacare, Young Invincibles, population health, healthcare trends

Can your Smart Phone Manage Chronic Diseases?

Posted by The Stratasan Team on Dec 2, 2013 11:41:03 AM

The Pew Foundation put out a very interesting study last week on Chronic Diseases. It was of interest due to the numbers of people who report living with Chronic Diseases and how they are using the Internet to help manage their own personal care. In this ever increasing world of eHealth, the need for apps to manage Chronic Diseases is increasing at a rapid rate. Pew estimates there are now 45% of American Adults living with 1 or more Chronic Diseases.

Read More

Tags: Chronic Disease, Smart Phones, healthcare trends

Medicare Use Rate Trends by State

Posted by The Stratasan Team on Nov 15, 2013 10:03:35 AM

Recently there have been many concerns regarding the use rate decline of inpatient discharges. In this post we will discuss where and by how much Medicare inpatient use rates are declining across the United States.

Read More

Tags: medicare, healthcare trends

What’s Going on inside the Heart of Cardiac Services?

Posted by The Stratasan Team on Mar 12, 2013 9:24:02 AM

Recently, we performed an analysis for a customer on cardiac services trends.  Based on previous studies, we knew cardiac inpatient services were declining overall.  However, we discovered that inside cardiac services many of the sub-service lines behave quite differently; many declining but some actually increasing.  We analyzed all-payer data from Florida, Texas and California alongside full U.S. Medicare data and discovered a deeper understanding than “inpatient cardiac services are declining.”

Read More

Tags: healthcare service line, service line growth, healthcare trends

Most Popular Posts