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Digital Health
Supporting Clinical and Operational Goals With a Digitally Enhanced Supply Chain
Since the introduction of ChatGPT in late 2022, we’ve been busy discussing with health care stakeholders how to best plan for and use AI across their organizations, from supporting clinical decision-making to reducing administrative burdens. What I didn’t plan for was having nearly half of these discussions focus on supply chain. But perhaps this shouldn’t be a surprise—wh...
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FinancePayment Evolution
ACO REACH Is Here! How Will It Impact Your Value-Based Care Strategy?
Understanding the Transition: ACO REACH Replaces Current Direct Contracting Model On February 24, 2022, the Center for Medicare & Medicaid Innovation (CMMI) announced the ACO REACH (Realizing Equity, Access, and Community Health) Model, with an application period ending April 22, 2022. ACO REACH will replace the current Direct Contracting Model (DC) on January 1, 2023, as the highest level of...
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Health Equity
The Time to Act on Health Equity Is Now: Turning Collective Awareness Into Action
In our previous post, we discussed health inequities in our current health care landscape, providing some examples of how the negative impacts of social determinants of health can contribute to undesirable health outcomes and lead to significant health disparities. Now, we would like to focus on how health systems can be more aware of these disparities and turn that awareness into action. Health e...
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Health EquityEnterprise Strategy
Inequity, Race, Social Determinants and Health Care: COVID-19 Provides a Call to Action
Editor’s note: Principal Rebecca Segel also contributed to this post. Three cultural influencing trends are colliding in the US: a global pandemic, a recession and a racial inequity awakening. Each of these is drawing more attention to what we already know in health care—that is, factors such as race, socioeconomic status, environmental elements and social structures influence health....
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Payment Evolution
Five Observations From 2024 First Quarter Earnings Calls: Payers and Value-Based Organizations
As part of Sg2’s value-based care (VBC) analysis and market research, we review the quarterly earnings calls from a subset of publicly traded legacy payers and VBC-focused entrants. The summary is designed to highlight emerging trends and dynamics in these closely related industries, especially as they tie to VBC. The following post draws from recently released earnings call transcripts fro...
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Digital HealthTechnology
Debating the Utility of EHRs AI and Other Digital Investments
I had just finished giving a presentation to a room of hospital CEOs on the current AI landscape when one of the executives raised her hand. “Is AI really going to be a thing in health care? We’ve spent over a decade installing EHRs in our system and all they have done is increased cost and burnout. And with cybersecurity threats, I feel AI is only going to make things worse,” she said. I responde...
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Strategic Planning
Sg2 and Virtua Health Digestive Disease Service Line Strategy
Virtua Health is a five-hospital system with more than 350 locations in southern New Jersey, including 40+ ambulatory surgery centers, seven emergency departments, and seven urgent care centers, as well as telehealth options; its specialties include orthopedics and advanced surgery. The system aimed to optimize its digestive disease services after acquiring several gastroenterology groups and Lour...
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Payment Evolution
Benefits of Launching Direct-to-Employer Services to Your Health System Employees
Direct-to-employer healthcare offerings benefit from proof-of-concept, and often your employees can provide an excellent test group. As health systems pursue employer engagement through direct-to-employer healthcare solutions, two of the first questions health systems marketing their services to local employers should expect are: Have you done this with your own employees? and How did it go? Organ...
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Disruption
Facing the Game Changers: A New Era of Health Care Access
Legacy healthcare, a domain once perceived as an unassailable fortress, now finds itself besieged by unconventional adversaries. Retail powerhouses, tech titans, venture capitalists and insurance providers are collectively reshaping the healthcare terrain. The expansion of these 'game changers,' propelled by mergers and acquisitions (M&As), appears limitless, showing no regard for geographical...
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Digital HealthDisruptionTechnology
Sustaining Disciplined Innovation—A Conversation With Mikki Clancy of Premier Health
Mikki Clancy is the chief digital and information officer for Premier Health, based in Dayton, Ohio. Q: Let’s get this out of the way: artificial intelligence—exciting or overrated? A: I believe it's exciting, but in a different way than most people think. For me, it's one of several layers of tools that are available to us to help our staff work more efficiently. So that's exciting b...