Editor’s Note: John Self is taking off the month of August from his regular blogging and podcast hosting duties. In his absence from this space, we have selected some of his previous posts. This blog first appeared on Dec. 19, 2014.
The Huron CEO forumfrequently produces interesting insights regarding the year ahead and this year is no different with the possible exception that the CEOs seem to be zeroing in on the issues that will count the most.
Gordon Mountford, executive vice president of Huron Healthcare says there is a growing sense of urgency about making sure the foundational pieces are in place. “There is also a sense that refreshed skills and new partnerships are needed. The changes we see coming over the next three to five years aren’t merely incremental – the challenges are transformational.”
The pace of change seems to be the most important question CEOs face, Mountford said in a Huron Healthcare briefing memorandum, WhatWorks, distributed to clients. (Our Firm has supported Huron in their search for project talent.) “Timing the transition from volume to value is crucial in order to maintain the margin in the fee-for-service world while preparing for population health payment models.” The pace of change will not be constant, Mountford believes, but as the industry and individual markets reach a tipping point, that pace will accelerate. “That puts a premium on optimizing financial and operational performance now while building capabilities for broader transformational change,” Mountford added.
From the CEO forum, a list of five areas where leadership and innovation will be needed in 2015, Huron believes:
© 2019 John Gregory Self