Strategic Planning

Building a Sustainable Telehealth Program

To ensure their telehealth program is financially sustainable, healthcare organizations must establish appropriate objectives, be strategic about technology, understand the financial risk, and use suitable performance metrics.

Karen Wagner October 6, 2015

Acquisition and Affiliation Toolkit – Home

Introduction This toolkit is a companion to HFMA’s Value Project report on Acquisition and Affiliation Strategies. Consolidation is a rapidly evolving strategic focus for health care organizations. As the report suggests, new forms are continually appearing. This toolkit offers tools for assessing your organization’s situation, determining acquisition and affiliation options, and moving toward finalizing an agreement with an acquisition or affiliation partner. It also provides three examples scenarios to illustrate how these tools might be put to use in setting a course for your organization. Toolkit Directory We encourage first-time users of this toolkit to review the sections in the order listed below. You can then use this directory to navigate to particular sections of interest. Assessing Your Situation Organizational assessment Market assessment Common acquisition and affiliation goals Determining Your Options Common acquisition and affiliation approaches Identifying potential partners Educating your board Moving Forward Communicating your strategy internally Key steps in finalizing an agreement Example Scenarios A stand-alone hospital determines its consolidation approach An academic medical center aims for long-term sustainability A multihospital pursues a regional strategy and system-wide economies of scale

HFMA July 22, 2014
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