5 Strategies to Use Regardless of What Happens to the ACA
Our guest commentator, Dr. Tommy Prewitt from HORNE LLC, believes that the ACA is likely to fail. He has 5 strategies he suggests that hospitals should use, regardless of what happens with the ACA. 1. Rethink your model of care by eliminating waste. 2. Allocate 20% of your financial resources toward care innovation. 3. Get serious about data analytics; in fact, this is a good place to spend your 20%. 4. Avoid buyer’s remorse and be cautious when buying smaller hospitals. 5. Win the race to the bottom; post fixed charges for episodes of care.