Using Service Lines To Build Your Diversification Strategy
June 24, 2021
Today, many health care organizations are re-examining their service line approach and determining whether to add or exit current strategies. In a post pandemic world, there is the opportunity for new and innovative approaches that can maximize consumer capture and increase margins through service lines that offer a comprehensive, one-stop, integrated approach to consumer care delivery.
In this executive web forum and roundtable discussion (taking place on June 24 at 1 pm ET), we will explain how health care organizations can navigate this changing paradigm. Executive attendees will learn about:
- Creating a diversification strategy through service line mix.
- How to evaluate the need for new or existing service lines based on market need, competition analysis, reimbursement history, available investment dollars, profitability projection, and more.
- 6 step analysis to measure the financial and quality performance of your service lines.
Featured Speakers
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Richard Louis, Vice President, OPEN MINDSRichard Louis, III has extensive experience as a behavioral health administrator, business development specialist and innovator of new service lines. Before joining OPEN MINDS, Mr. Louis was the Director of Development For – Behavior & Addiction Medicine at Southern California Healthcare Systems Inc of Prospect Medical. He was involved with projects focused on health care integration, new service lines, and health plan contract development. -
James Fiorenzo, Senior Associate, OPEN MINDSJames Fiorenzo, MBA, brings over 40 years of business management experience in health care to the OPEN MINDS team. For OPEN MINDS customers, he brings a wealth of experience in mergers, acquisitions, and partnerships, long-term care systems development, hospital administration, and pharmacy management.
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