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Health Care Landscape
Sg20 Then and Now: Sg2 Thought Leaders Reflect on Past Projections
Editor’s note: Answers have been edited for clarity.
Sg2 was formed in 2001, and, today, our cutting-edge expertise, analytics and tailored consulting offerings help health industry leaders anticipate health care trends and provide them with unparalleled insight into local market dynamics. We are just one of the companies that founder Michael Sachs started—and grew—with his visio...
Life SciencesHealth Care Landscape
Analytics Insights for Life Sciences and Industry From Sg2 Executive Summit 2021
Each year, Sg2 experts examine trends that will change health care utilization across the care continuum, which results in our Impact of Change® (IoC) Demand Forecast. Our health system members leverage the IoC forecast to revise their strategic plans, prioritize investments and redesign their health care systems. Predicting the future in this time of uncertainty is far from easy, but the Sg2 ...
Care RedesignEnterprise StrategyStrategic Planning
A Strategic Approach to Building a High Reliability Organization
The outpatient shift is changing the high reliability paradigm for health care organizations. What historically has been an acute care and IP focus will need to expand across the enterprise as the locus of care moves away from hospitals and into diffuse ambulatory and home settings.
More sites of care, workforce challenges and higher disease complexity have led to increased risk and more obstacl...
FinancePayment Evolution
MSSP Season Is Here! Should You Participate, and if You Participate, Are You Prepared for Downside Risk?
Understanding the timeline: application process starts June 1, 2022
Medicare Shared Savings Program (MSSP) is Medicare’s established accountable care organization (ACO) program that allows for new participants every performance year (PY). To participate in MSSP, an organization must submit an application and be approved by CMS. For PY2023, the application process is as follows:
An organ...
Payment EvolutionPolicy
Look Beyond MSSP Policy Changes for Long-term Success in Value-Based Care
It’s that time of year! CMS recently finalized a set of changes to the country’s largest alternative payment model (APM): the Medicare Shared Savings Program (MSSP). With a goal of attracting new entrants, retaining existing accountable care organizations (ACOs) and encouraging ACOs with expiring participation agreements to renew their commitment, this broad set of changes constitutes ...
Enterprise StrategyStrategic Planning
Three Things That May Be Slowing Your Hospital's Progress Toward its Strategic Plan
Editor’s note: Shannon Stewart, Senior Consulting Director, Reliability and Management Systems, authored this post, which was originally published on Sg2’s parent company Vizient Inc’s blog.
Hospitals and health systems are investing a lot of resources to thoughtfully and strategically plan how they will meet their communities’ needs in the future. They’re developing ...
Health Care LandscapeEnterprise Strategy
ESG: What It Is and What It Means for Health Care
Editor’s note: Terri Scannell, Vizient Senior Social Responsibility Director, authored this post, which was originally published on Sg2’s parent company Vizient Inc’s blog.
Chances are, you may have heard of a little acronym called ESG. What you may not know, however, is what it means exactly and why it’s important for healthcare. After all, the last thing we need is anoth...
FinancePayment Evolution
How the Expiration of MACRA's aAPM Bonus Will Impact ACO Decision Making
Editor’s Note: Jenna Stern, Vizient, AVP, Regulatory Affairs & Public Policy, also contributed to this post.
In the absence of congressional intervention, a significant financial incentive for physicians to participate in value-based payment models will disappear at the end of 2022.
To provide greater stability to providers reimbursed by Medicare, the Medicare Access and CHIP Reauthori...
Sg2 Welcomes Consulting Principal Dr Manuel Hernandez
Sg2, a Vizient company, is pleased to announce the addition of Manuel Hernandez, MD, MS, MBA, CPE, as a Principal—Strategic Campus Planning in its consulting practice for Enterprise Strategy.
“We are thrilled to welcome Manny to Sg2 Consulting. Manny brings tremendous credentials, a wealth of experience and an innate ability to connect with his clients and colleagues,” says Sg2...
Data & AnalyticsConsumer StrategyAmbulatory Strategy
If You Refer Them, They Will Come
Health care organizations are currently trying to identify opportunities for enhanced revenue streams as they continue to struggle financially due to the COVID-19 endemic—hospital margins are expected to remain below pre-pandemic levels, with more than half of hospitals projected to have negative margins.
And health care leaders have long understood how patient leakage also dramatically aff...