Overview
Successful physician strategy demands data, not anecdotes. HSG provides deep healthcare market knowledge, ongoing measurement, and actionable insights. We empower healthcare leaders with a comprehensive understanding of inpatient, outpatient, and ambulatory performance.
Areas of Support for Physician Strategy
HSG comprehensively supports health systems in all aspects of Health System Strategy, including:
Health System Enterprise Strategy
In today’s healthcare environment, setting organizational direction must balance the aspirations of the future with the realties and needs of the present. HSG’s process for Health System Strategy focuses on long-term financial viability through a focus on profitable growth, creating payer leverage, and provider growth and alignment.
Medical Staff Development Planning
Physician and Advanced Practitioner Recruitment Planning must be inexorably linked to the health system’s overall strategy, market growth strategies, and service line strategies. HSG works with health systems to link strategies to relevant market data to create the right workforce development plan.
Market Growth Strategy
Profitable top-line growth comes from identifying and seizing opportunities within the market. HSG works with health systems to comprehensively identify and implement strategies at the market and service line level to achieve success.
Service Line Growth Strategy
Profitable top-line growth comes from identifying and seizing opportunities within the market. HSG works with health systems to comprehensively identify and implement strategies at the market and service line level to achieve success.
Subservices
HSG leverages its proprietary set of market and provider network data analytics to help our clients understand the current state of the market, build effective strategic planning initiatives, monitor performance against defined objectives over time, and reassess and reprioritize on an ongoing basis.
Claims Data Analytics™
Create a comprehensive view of your opportunities and areas for improvement by leveraging HSG Advisor’s proprietary all-payer healthcare claims data analytics and advisory services to better understand competitive dynamics related to your markets, service lines, providers, and patients.
Outpatient Market Share
Gain a competitive advantage with insights into your health system’s market share. Evaluate your health system with customized reports providing overall market share, service line and sub service line market share, and geographic market share for professional and technical components of all relevant service lines.
State-Level Market Share
Create easy-to-understand visual overviews of state-level inpatient, outpatient, and emergency market share data, tailored to your specific market definitions.
Patient Flow
Gain a competitive advantage with insights into your health system’s market share. Evaluate your health system with customized reports providing overall market share, service line and sub service line market share, and geographic market share for professional and technical components of all relevant service lines.
Provider Dashboard
Evaluate your health system’s overall Physician and Advanced Practice Provider market share by specialty group, specialist, and subspecialist share by geographic region for professional services rendered by relative providers—a key metric in all reporting.
Competitor Dashboard
Develop stronger business intelligence reports, identify incremental opportunities, and turn information into action, faster in HSG Dashboard
Provider Needs Analysis
HSG’s Provider Needs Analysis process provides health systems with a customizable approach to evaluating provider supply and demand and succession planning challenges across their market.
Market Demographics
Create a demographic overview of each health system’s market definition at the zip code level. This data provides context to growth strategy decision-making by contrasting directional data points about a market’s population—summarized in HSG’s “Demographic Strength” factor.
Employed Provider Network Operational and Financial Performance
While a Health System’s Employed Provider Network is a source of tremendous strategic and financial value, investment into the Employed Provider Network’s practices must still be optimized in order for health systems to have a healthy bottom line.
Related Resources
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APP Employment and Compensation Models to Optimize Alignment
Advanced Practice Provider (APP) employment methodologies and compensation philosophies should be reviewed to maximize alignment with organizational goals and objectives.
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Strategic Implications of the Pandemic
As the nation begins to emerge from the depths of the COVID-19 Pandemic, there is a high probability hospital business models will change. Review HSG’s observations on the six biggest strategic implications.
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COVID-19 and Your Employed Physician Network (Checklist)
Review HSG’s COVID-19 pandemic checklist of short and long-term clinical and operational, financial, and strategic areas of evaluation.