As more hospitals develop robust ambulatory strategies in response to economics that increasingly favor outpatient care, Regent Surgical Health has developed a self-assessment guide to help evaluate those strategies to ensure they optimize success with value-based care.
“At Regent, we believe the health systems that will win in the new, value-based reimbursement world are those who drive care strategy from an effective and expanding ambulatory care platform,” says Regent Chief Executive Officer Chris Bishop.
Regent’s approach to ambulatory assessment for hospitals factors in market research, but also includes analysis of existing assets, goals, and the demands of patients and payers. The new guide, available for download here, outlines five steps Regent suggests to help health systems and ambulatory surgery centers (ASCs) self-assess progress against that goal.
The first assessment step outlined in the Regent guide is to define the timeframe in which your organization will transition to value-based care. Organizations seeking to generate a sizable percentage of revenue from value-based care in the short term, will need to build a robust ambulatory platform more rapidly.
The second step Regent recommends is assessing ambulatory readiness is to determine which service lines you want to build around, based on current market data and goals. The guide offers advice on how to determine the best focus, based on current share and the demands of the marketplace. Steps three and four outline a process for understanding your existing ambulatory platform and evaluating competition. The final assessment step is analysis, designed to help health systems bridge the gap between where they are today and their ambulatory platform goals.
If you’re looking for a strategic partner to achieve the ambitious goals that have been set for ambulatory platforms, schedule an assessment customized to your market, your priorities, and your health system.