Successfully Managing Through Chaos: Perspectives For Health & Human Service Executives. Part 2: An Executive Framework For Lead is starting in

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.

December 2023 Issue
Navigating The Path To Financial Sustainability:
The OPEN MINDS Management Newsletter, December 2023
Financial Sustainability = Ability To Cope

Health and human service executives could learn a lot from scuba diving and hiking (two of my favorite past times). Nothing beats an afternoon 30 feet under on Cemetery Reef in the Caymans—or a beautiful day on the Appalachian Trail.

What few people realize is that to have those great experiences, there must be a…

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The OPEN MINDS Framework For Financial Sustainability—Building The Organizational Resilience To Navigate Change

Executive teams of provider organizations serving complex consumers face three key financial stability challenges: maintaining margins and coping with margin compression, developing ā€œnext generationā€ service lines and business models, and sustaining revenue growth. Regarding the first challenge—financial performance—most provider organizations face narrowing margins in this post-pandemic health and human services landscape. Reimbursement rates have not…

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Better Health Plan Partnerships On The Path To Sustainability

The executive teams of specialty provider organizations are trying to map out how to have better relationships with health plans to maintain their relationships and revenue streams, to get better rates and more referrals, and to shift to shared financial incentives. Why? Because the reach of health plans is increasing, and specialty provider organizations are…

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Sustainability Demands Understanding What Performance Matters

Whatever your organization’s niche is in the health and human services market, the competition for consumers—and for the payers that fund their benefits and the health plans that administer them—is becoming increasingly intense. Understanding what performance matters—to both consumers and payers—and then linking future reimbursement and future strategic success to those performance measures is a…

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Chief Financial Officers—Architects Of Financial Resilience

Financial resilience—the ability to bounce back after facing a crisis—is one of those things that no health and human services organization can do without. It enables organizations to adapt to a changed market, create greater efficiency, and invest in innovation to strengthen their competitive advantage. But none of that is possible without someone taking charge…

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