Executives of health and human service organizations are no strangers to change. The past 18 months have been one big strategic roller coaster.
What we know is that rates and market share (and margins) for the current array of services will decline. At the same time, there are many new opportunities—but they are opportunities that require the…
During the pandemic, five federal stimulus and relief bills put $4 trillion in the economy, with much of that support for health and human services. But, most of these funds will run out by April of 2022. And beyond the influx of federal money, much has happened to reshape the health and human service market.…
Specialty health and human service organizations that want to survive and thrive in the volatile next normal market will need a strategic plan for business development and growth. That strategic plan will likely require a robust infusion of capital to help provider organizations shore up their infrastructure to meet new consumer and payer expectations, and…
2021 has seen a massive increase in the amount of private investment money flowing into the health and human service market with $14.7 billion in funding for digital health alone in the first half of 2021—compared to $14.6 billion in all of 2020. And this high level of investment is pushing mergers, acquisitions, and affiliations (MA&A)…
According to an OPEN MINDS quick poll of provider organizations during the pandemic, 71% of provider organizations reported that their strategic plan had an agenda item for mergers, and acquisitions (M&A). And, the primary reason those organizations are pursuing M&A? 33% reported that it was to increase their service lines and become more comprehensive, while…
It’s not surprising that charitable giving saw an uptick during the pandemic. Individuals, bequests, foundations and corporations gave an estimated $471.44 billion to U.S. charities in 2020. Total charitable giving grew 5.1% over the $448.66 billion contributed in 2019. Giving to human services increased by an estimated 9.7% in 2020, totaling $65.14 billion. But giving to…