The evolving health care landscape (eg, procedures shifting outpatient/off-campus, rise in high-acuity cases, new technologies and innovation) marks new strategic priorities in pediatrics, including regional presence, collaborative care models, digital strategy, population health and upstream channel management. And as the landscape further evolves toward value-based care, providers will be integral in addressing social determinants of health to improve outcomes.
Sg2 has deep expertise and capabilities in children’s hospital and pediatric strategy—driven by analytical tools, consulting engagements and dedicated pediatric subject matter experts—that we leverage to help children’s hospitals achieve smart growth.
Impact of Change® Forecast for Children’s Hospitals
For all hospital types, an effective strategy must consider the nuances of caring for children. Utilization of care by pediatric patients is impacted by different trends than adult care, including distinct policy, epidemiology and innovation impacts.
Sg2’s Impact of Change (IoC) specialized forecasts for pediatrics providers leverage a robust, 10-year forecasting tool designed specifically for projecting pediatric care utilization across the care continuum.
Each year, Sg2’s pediatrics experts evaluate pediatric-specific impacts in outpatient spaces, as well as update a series of impact factors to forecast how each of these variables will influence inpatient discharges at children’s hospitals and non–children’s hospitals independently, recognizing the unique case types and services offered at each setting.
In particular, the inpatient children’s hospital forecast considers trends at a disease and procedure level, such as more complex conditions and their varied utilization patterns; access to subspecialists, technologies and critical care capabilities not available to non–children’s hospitals; and different technology adoption rates and care innovation.
Sg2’s claims-based tools particularly benefit children’s hospitals by providing visibility into the outpatient space as well as care provided by adult and pediatric subspecialists. Our tools answer key strategic questions about pediatric access, channel strategy and network building.
Patient Flow’s first-in-class use of complete, longitudinal claims data streams reveals real pediatric patient movement across the full care ecosystem. With drill-downs that inform decision making at key intervals and the ability to layer multistage analyses for more sophisticated solutions, Patient Flow broadly supports all phases of the strategic planning process.
Patient Flow’s suite of tools transforms complex information into critical insights, helping hospitals and health systems understand, act upon and track continuum-wide opportunity and risk.
AMBULATORY MARKET STRATEGIST (AMS)
Given the competitive dynamics and frenetic pace of change surrounding today’s pediatric ambulatory environment, it’s no surprise that an array of strategic questions pertaining to this complex arena exists. How do we keep pace with market movers? Which primary care relationships should we prioritize? How do we differentiate service lines across the care continuum? How do we strengthen our growth funnel?
With real volumes and market position data, Sg2’s AMS analytic transforms this decision-making dynamic. AMS offers health care leaders the data needed to make the discrete decisions that drive short-term success while presenting a new and valuable perspective: a continuum-wide lens to execute tomorrow’s high-functioning Systems of CARE.
Using a trusted advisor model, we align our ongoing data analytics and intelligence support with each children’s hospital’s current strategic initiatives and future strategy development. This requires a close understanding of each children’s hospital’s market position and strategic priorities, which we gain through regular interactions with your leadership team.
Sg2’s expert team works full time to research pediatric trends and produce resources on how these trends impact our members, which include top children’s hospitals in the US, and we present our findings to hospital leadership and boards regularly.
- Pediatrics–specific webinars on national trends and forecast (neonatology and pediatrics overall)
- Pediatric publications on enterprise and service line trends
- Customized pediatric research for members
- Timely posts on key trends in pediatrics
- Pediatric expert on-sites and phone calls
CHILDREN’S HOSPITAL AFFINITY GROUP MEETING
Annually, Sg2 hosts top US children’s hospital leaders to network, engage in peer-to-peer learning opportunities, and discuss trends and pediatric growth strategies. Past topics include:
- Building non-traditional partnerships to achieve scale
- Clinically integrated network (CIN) development
- Applying strategic analytics to inform decision making
- Implementing virtual health strategies
Select Pediatrics Experts
Our dedicated experts develop pediatric data analytic solutions and work closely with our members on cutting-edge strategic planning and market performance.
Sg2 Engagements with Children’s Hospitals and Pediatrics
Sg2’s consulting practice has robust pediatrics capabilities and expertise. Additionally, when paired with market intelligence and analytics, our consulting practice is uniquely positioned to drive successful strategic outcomes. Sg2’s consulting practice is integrated with your strategy team and our service team to deliver outstanding work on each project, as well as seamlessly transition execution and monitoring of your consulting-driven strategies via our membership model. This ensures that learnings are fueled back into your analytics product outputs and enhances how our team engages with your organization. Our consulting capabilities include the following:
- Strategic planning, including board facilitation
- Ambulatory market assessment and strategy
- Service line market assessment and strategy deep dive
- Behavioral health
- Virtual health and innovation
- Patient and family engagement
- Physician alignment
- Referring physician and patient dynamics
- Organizational structure and operating characteristics
- Technology and clinical advancements
- Physician manpower assessments
- Physician compensation fair market value assessments
- Physician compensation design/redesign