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AMCsPartnershipsEnterprise Strategy
Academic Systems Pursue a Wide Array of Partnerships
Partnerships, now more than ever, are critical to health system growth and performance. These alliances exist in a middle ground between loose relationships and outright acquisitions. To achieve their full potential, they cannot be merely opportunistic but firmly grounded in strategy.
That strategic focus is chief among the short list of priorities academic systems’ leaders now pursue in the...
Data & AnalyticsDisruptionStrategic Planning
Data for Decisions: A Platform Perspective for Executive Leaders
In early 2024, the health care data ecosystem experienced a disruption. Long-standing assumptions about the reliability of claims data were challenged, and many organizations found themselves navigating with limited visibility. And for a moment, the industry paused.
But we didn’t.
At Sg2, a Vizient company, we took that moment of disruption as a signal to accelerate. Rather than just restore...
Smart Growth
Sg2 and St. Luke’s: Guiding Future Growth and Transformation
St. Luke’s Hospital, a nonprofit health system in the greater St. Louis area, consists of two hospitals with 636 beds, two ambulatory surgery centers, eight urgent care facilities, nearly 200 employed physicians, and a medical staff of over 1,000 physicians across 60 specialties. Post-pandemic, the hospital faced challenges due to the lack of a formalized strategic plan and wanted to refine ...
Payment Evolution
It's Time for Providers to Reevaluate Clinical and Economic Models for Value-Based Care
Environmental factors are adversely impacting provider financials and weakening providers’ positions in fee-for-service (FFS) contracting.
Providers have been working to regain financial stability after pandemic-driven volume swings that were quickly followed by workforce shortages—now the health care industry can add inflation to the list of considerable challenges. These pressures have quickly ...
Service Lines
Bridging the Gap: Increasing Access to Behavioral Healthcare
Editor's note: Randena Hulstrand, Lead Brand Journalist, Vizient, contributed to this post.
By addressing hospital utilization and quality, implementing innovative models of care and forging partnerships, health systems can help reduce economic disparities and improve patient access to behavioral healthcare services.
While behavioral health conditions—including major depression, anxiety and ...
Finance
Appetite Remains Strong for Private Equity Investment in Health Care
Despite headwinds, private equity (PE) continues to make strong inroads into health care. PE investment will remain a significant force for the foreseeable future, which represents both an opportunity and a challenge for health systems.
Although some see PE as an unwelcome intrusion that complicates physician alignment and service line growth, forward-thinking health systems are leveraging PE par...
Digital HealthTechnologySmart Growth
Stop Polishing Cannonballs—A Conversation With Dr. Michael Ash of Nebraska Medicine
Michael Ash, MD, is the president and chief operating officer for Nebraska Medicine, based in Omaha, Nebraska.
Q: You’ve had quite a career—starting as an internal medicine physician, moving into health IT at Cerner (now Oracle), and serving as a chief transformation officer before stepping into your COO role. How have these experiences shaped your leadership approach?
A: I've always been interes...
FinanceStrategic PlanningPharmacy
Strategic Outlook for Hospital CFOs
Hospital system chief financial officers (CFOs) face an increasingly complex financial landscape, one shaped by regulatory shifts, technological advancements and evolving patient expectations. Here are 3 top takeaways to effectively navigate in 2025.
► Pharmacy Optimization: With systems reporting 25% of revenue tied to pharmacy operations, this area represents a significant revenue opportunity fo...
Children’s HospitalsEnterprise StrategyPharmacy
What’s on the Horizon for Children’s Hospitals
Children’s hospital leaders have a full plate in 2025—managing the challenges and opportunities presented by innovative therapeutics, emerging technologies and artificial intelligence, policy uncertainties, regionalization and subspecialty shortages—the list goes on and on. To help you focus and cut through the noise, Sg2 experts have identified four top priority strategic action...
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...