As average nursing turnover reaches unsustainable peaks, outlier med-surg units have been able to sustain, or even decrease, their pre-pandemic turnover. These “unicorn units” are reporting turnover rates as low as two percent—eschewing conventional responses to workforce retention which have proven insufficient. Academy Nursing Catalyst experts took a closer look at several “unicorn med-surg units” […]
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Leading Health Systems are facing unprecedented margin pressure and economic headwinds are expected to prevail through 2023. Unfortunately, this has meant tighter budgets for them, longer sales cycles, and a more challenging environment for industry partners. The Academy surveyed the top executives from Leading Health Systems on their top priorities for 2023 and not surprisingly, […]
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For the past few years, payers have been rapidly adopting the Optum playbook: acquiring provider assets to diversify and grow revenue. Today, payers (along with private equity) now employ more physician practices than hospitals. The acquisition of care delivery assets and continued vertical integration has transformed these insurers into “payviders.” According to our models, the […]
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Leading Health Systems (LHS) are facing once-in-a-generation margin pressures caused by runaway inflation, labor shortages, and decreased demand for services. They have no choice but to dial back spending – which stands in stark contrast to one year ago. Still, they realize their strategy needs to “see through” the downturn in critical areas, which warrant […]
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Digital Front Door (DFD) took hold in the market as a term to describe the tools and solutions health systems were implementing to largely improve patient access. At the nexus of consumerism and digital strategy, DFD efforts are expanding, so much so that the “front door” is no longer a sufficient description. As virtual and […]
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The transition to value-based care has been underway for over a decade, leaving health systems with a “foot in two boats” and highly variable levels of revenue at risk. No two systems are the same, and a one-size-fits all approach for industry partner marketing on value-based care won’t work. Download this Academy IQ webinar on how […]
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Virtual nursing is an increasingly popular approach for addressing workforce challenges, but across health systems, implementation models—and investment costs—vary widely. So too do outcomes, raising questions about the right long-term goals and the potential for ROI as programs scale beyond pilots. The Academy’s Nursing Catalyst program creates a space for Leading Health System Chief Nursing […]
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COVID-19 upended what we knew about the market potential of telehealth. Several years later, we find ourselves reaching a baseline of post-COVID telehealth utilization. Should we expect this baseline to continue? The answer is probably not. Most Leading Health Systems (LHS) believe a broader proportion of care will be virtual by 2030. Academy Strategy Catalyst […]
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Chief Strategy Officers (CSO) oversee business development and drive growth through build, buy, and partnership pathways. Consumerism, along with workforce, continues to dominate CSO priorities in 2022. As Leading Health Systems (LHS) face intense margin pressures and seek to diversify revenue streams, CSOs remain committed to actualizing the strategic imperatives of their organizations through intentional […]
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Despite widespread implementation, digital front door capabilities across Leading Health Systems (LHS) are far from mature, leaving significant opportunity to improve utilization and improve the patient journey. Academy Strategy Catalyst hosted a webinar on October 27, 2022 for a deep dive on LHS executive priorities pertaining to their system’s digital front door. Based on proprietary survey […]
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