August 2018
Spotlight: Rethinking Strategy Amidst Growing Price Transparency
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In last month’s Spotlight, we noted that hospital margins are under mounting pressure as employers, payers, and non-hospital competitors take aim at non-emergent, outpatient “shoppable services.” Such services include imaging, lab tests, and certain elective surgeries, which can contribute as much as 25 percent of a health system’s contribution margin. This month we demonstrate how these marketplace pressures have impacted pricing and volumes for these services, the implications for hospitals, and how to compete effectively going forward.
Rising Pressure
Impact of Price Transparency
Approach to Pricing Strategy
Rising Pressure
Impact of Price Transparency
Approach to Pricing Strategy
Rising Pressure
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