Strategic Options: It's Not ACO or Nothing
Mark DuBow, for HealthLeaders Media, September 2, 2011
4. Island
- A sole provider in a region. May be any size.
- Scope of services meets the majority of the needs of the population served and is supplemented with patient transfer agreements, tele-medicine, and coverage agreements for needed specialists
- Strong outreach strategies and resources
- Ability to limit out-migration by patients via meeting their needs (access, clinical skills, service)
- Ability to protect "flanks" from invasion by competitors
- Strong relationship with local community
- Financial strength to support access to capital
- Creative in recruitment and retention of clinical staff
5. Virtual Health Organization
- Entity that contracts to support other providers. Does not own or operate a care delivery site.
- Delivers healthcare resources (e.g., physician/nurse/technician on-site staffing; remote consultative support [eICU, Nighthawk, etc.]; remote monitoring of implantable, wearable, and tabletop monitoring devices; databases via multiple modes of telecommunication connectivity)
- Thorough knowledge of "target" customers
- Strong marketing and sales capability; "retail" skills
- Large, geographically dispersed network of resources available on an extended schedule
- Strong network management capability ensuring rapid response/turnaround and delivery of a standardized set of services/products
- Strong client installation/implementation, training, and service capability
- Strong IT and telecommunications resources compatible with a diverse array of providers
6. Vantage Integrated Strategy
- Essentially, an ACO "on steroids"
- Provider, payer, or other party that assembles and coordinates a network or system that consists of providers, financial resources, and a broad array of other strategic alliances.
- Strong IT and telecommunications resources compatible with a diverse array of providers
- Access to capital
- Legal skills to form network relationships and manage within the regulatory guidelines
- Understanding of the businesses and the management strength necessary to integrate the operations and cultures of diverse members of the network
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