This role serves as the primary contact for all financial matters for Women’s Health and collaborates with other financial areas such as supply chain. Take an Iterative Approach. Use a structured process to analyze the core businesses and services. Trends: Service Line Development Case Study Analysis Background: Trinity Community Hospital Trinity Hospital is a 150-bed facility located in the southeast United States. They are the result of purposeful planning, and these plans must dovetail with the vision, strategic direction, and strengths of the hospital or system. August 19, 2014 • Author: Carolee Bennett, Sr. Social Content Manager/Team Leader. Since the Apollo Hospital … Strategy Enterprise Strategy Facility & Capital Asset Planning Mergers, Acquisitions, & Partnerships Physician Alignment & Network Development Provider Workforce Planning Service Line Strategy Finance Financial Advisory Services Industry Benchmarking Payer Contracting & Reimbursement Provider Compensation Planning Valuation Services Medical practices should explore a service line strategy as a way to improve operations and patient care through standardization and best practices, maximizing resources and reducing redundancy while creating brand identity and patient loyalty. Many hospitals and healthcare groups pull their objectives together into a Balanced Scorecard with a strategy map showing how they link together. 176. Hospital Service Line Development. The Challenge The Affordable Care Act and industry-wide pressures to cut costs have accelerated the need for hospitals to assess the strength of their service … Table 1: Redcliffe Hospital clinical service lines Critical Care, Women’s and Children’s Service Line Allied Health Services Maternity Antenatal clinic Birthing suites HSG can help your health system build and implement a service line strategy or specific service line improvement plan, which can greatly impact the effectiveness of the overall management infrastructure. Your community – and your bottom line – will thank you. Service Line Strategy. Her areas of focus are CV service line development, strategic planning, and hospital/physician affiliations. For example, the hospital might agree to reinvest a portion of any savings achieved back into the service line. At one hospital, employing these strategies resulted in a … The role of the service line financial lead is a key component of the transition from hospital-based management to service line management. Strong and definitive leadership from the very top of the organization is essential for success, since many toes will be stepped upon along the way, and this change must be managed skillfully. Service Line Management (SLM) has been used by many hospitals in different ways, but many hospitals struggle to realize the potential benefit that SLM offers. One strategy for improved efficiency in patient care while keeping quality high is utilization of a product line matrix. From there, you can go as in-depth as you’d like with campaign planning, even to the procedure-level to determine where hot spots exist in a specific geography. The hospital will capitalize on the added value of sub-specialty centers and their ability to offer better patient services both medical and non medical. Introduction The concept of service line management is not new to hospitals and hospital systems, but the reasons for implementing a service line strategy have changed. Here, it became the regional leader in neurosurgical services. MidMichigan Medical Center: A Case Study in Service Line Design and Organization In a webinar on March 28, 2012, Asit Gosar, client services executive with Objective Health, and Connie Cibrone, director of client service at with Objective Health and former president and CEO of Allegheny General Hospital, shared how hospitals can best develop a service line strategy to remain competitive. Figure 1: The Cardiovascular Service Line. In this article, we give you the tools to answer these questions for yourself. Large hospitals and healthcare systems are comprised of many departments that offer, very often, dozens of service lines, such as pelvic health and orthopedics. service lines in neurosurgery and pain management, while the hospital reduced spending in other areas. Ask any hospital administrator what their key service lines are and orthopedics is likely to be in the top three. ing multidisciplinary service line planning for oncology and other specialties. But is it time for your facility to expand? In addition to this, the hospital aims to be the first patient focused but market driven hospital in Jeddah through our competitive strategies and core values. Moving from plan to design! Fort Wayne, IN! 5. 3. Presenters: Nancy A. Lyle Interim Associate Hospital Director, Business Development and Strategic Planning Oregon Health & Science University Portland, OR lylen@ohsu.edu www.ohsu.edu Joseph M. Spallina, FAAMA, FACHE Director Arvina Group, LLC Ann Arbor, MI jspallina@earthlink.net … Vice President ! Good healthcare marketing is a marathon, not a sprint. A hospital must insist on clear purpose and a strategy for its service lines. The hospital needed a service line strategic marketing plan to differentiate itself from fierce competition and to grow its core services. It all starts with a vision!! Service Line Analyzer provides hospital service line managers and administrators the ability to organize their service line data effectively by consolidating hospital inpatient and outpatient, and physician data to pull out specific insights within their service lines across departments and … To analyze the core businesses and services to answer these questions for yourself but is it time your. Community – and your bottom line walls in an attempt to gain market share many hospitals and healthcare groups their. 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