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OPEN MINDS Management Newsletter

Learn about new business models and the latest management best practices in our monthly, how-to guides on trending issues. Knowing the market—and knowing how to manage your way to success in that market—are two different issues. For thirty years, we have shared our field-tested models developed by our senior advisors and case studies that illustrate the challenges and tips for success.

March 2023 Issue
How To Assess Health Plan Partnership Readiness: Is Your Organization Ready?
The OPEN MINDS Management Newsletter, March 2023
Preparing For The Health Plan Shift

For most specialty and primary care provider organizations, contracts with health plans are a strategic necessity. Health plan enrollment has grown across the commercial, Medicare, and Medicaid sectors. They control the majority of provider reimbursement for health care services—and their reach in long-term care, I/DD, foster care, and social services has extended with that expanded…

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How To Incorporate Health Plan Partnership Preparedness Into Your Strategic Plan: A To-Do List For Value-Based Reimbursement & Risk-based Contracts

This year, OPEN MINDS has been focused on crafting a winning strategy, including a deep dive into the four phases of strategic planning (see Crafting Organizational Strategy: A Best-Practice Path To Success & Sustainability) and a detailed process for developing a strategic vision (see How to Determine If Your Mission & Vision Are Ready For The Future: Setting the Stage…

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Preparing Your Board For Value-Based Contracting

Discussions about organizational strategy can easily take a negative turn, especially when talking about whether boards of directors at specialty provider organizations are up for the challenge of governance in a value-based market. Admittedly, the focus on value and increasing financial risk in contracts is testing the limits of board governance, particularly for non-profit organizations…

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Four Executive Relationship Building Skills For VBR Success
Value-based reimbursement (VBR) and risk-based contracting strategies are key sustainability issues for specialty provider organizations. Two strategic questions executive teams are asking are: How do we transition our organization from the current hybrid fee-for-service/VBR market success to a mature VBR market? How do we go about cultivating relationships with payers and health plans in particular?
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