A significant conundrum facing hospital executives is when to make that giant leap to value- or risk-based contracting. Moving too soon could jeopardize tens of millions of dollars of revenue, while holding off for too long could put an organization far behind the pack. It's a topic that was discussed at a recent gathering of nonprofit hospitals and investors. And, it's something that came up in Huron Healthcare's most recent survey of hospital and health system executives.
The consulting firm sat down last year with leaders from 11 hospitals and 20 health care systems to pick their brains, and released some of the juiciest tidbits earlier this year.
In this latest H&HN video interview, Curt Whelan, managing director of Huron Healthcare, discusses what's top of mind for hospital executives, and when providers should make the move from the first to second curve without destroying their bottom lines.