Session Overview
Join Strategy Catalyst for an exclusive webinar discussing strategic planning approaches from 12 peer health systems. This session examines strategic frameworks across 12 different strategic plans to uncover emerging patterns in healthcare planning. Our research identifies universal strategic priorities, reveals significant gaps in AI and policy preparedness, and compares approaches to service line growth, workforce transformation, and digital initiatives. Discover how systems are positioning for the future and how your own strategic directions compare.
Key Takeaways:
Service line growth and specialty market expansion anchor strategic growth strategies. Health systems pursue multiple pathways to revenue growth, from new market entry to value-based care arrangements and philanthropic initiatives. While some systems dedicate entire strategic pillars to revenue growth, others integrate growth strategies throughout their operational frameworks and provided services.
Workforce strategy has evolved from recruitment and retention to comprehensive ecosystem development. Systems demonstrate sophisticated workforce approaches extending beyond traditional hiring to include culture transformation and employee engagement programs.
Strategic planning timeframes vary significantly across health systems, typically ranging from 5 to 10 years. This variation suggests health systems could benefit from more deliberate consideration of optimal planning cycles.
The widespread utilization of AI strategy in healthcare is not reflected in strategic plan submissions. Only 2 of 12 systems explicitly mention artificial intelligence in their strategic plans, with most focusing on broader digital transformation initiatives.