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The Value Crisis for Health Systems
Even before COVID-19 hit, ReviveHealth was tracking what we called the “value crisis” for hospitals and health systems—the growing inability of providers to defend the for the care they provide relative to the actual value they provide overall. This issue has been smoldering for a number of years, and in 2019, we compared our industry to the proverbial frog in the pot of water. After years of slowly growing tension, here we were, water at 212 degrees, having reached the boiling point. And if that was true in 2019, COVID-19 has only ensured that the value crisis is both here to stay and that it will be a critical challenge for traditional providers.

Hospitals and health systems have a story to tell, but right now they aren’t telling it – individually or as an industry. The value crisis poses a significant challenge to hospitals and health system, and the winners in the value conversation will proactively turn the issue of value from a negative to a positive.

Nov 19, 2020 12:00 PM in Central Time (US and Canada)

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