The Other Growth Strategy

It is no longer negotiable: Every health and human services organization now needs a growth strategy. Just like software, current provider organization business models are becoming legacy versions with eroding financial stability, shrinking margins, new competition, and changing reimbursement models. (For more, see my closing keynote session, Creating The Future-Minded Strategy, from last week’s 2023 OPEN MINDS Strategy & Innovation Institute.)

But what are the options for growth? A non-exhaustive list runs the gamut, from organic growth of current services to licensing of intellectual property (IP) to affiliation agreements. The organic growth of current services is possible . . .