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Published on: February 16, 2011
The Role of Strategy in Health Care
Alok D Sharan1, Gregory D Schroeder, Paul W Millhouse
1*Montefiore Medical Center, Albert Einstein College of Medicine, Bronx, NY †The Rothman Institute, Thomas Jefferson University, Philadelphia, PA.
Abstract:
Significant changes are occurring in the health care field, and spine surgeons must have an understanding of business strategy if they are going to adapt to the new health care environment. Spine surgeons will be required to demonstrate how their service provides a unique value to their patients or else the patients will obtain care from competitors. Classic methods for demonstrating value such as academic prestige and superior clinical outcomes may no longer be sufficient in the evolving health care field, and surgeons will need to demonstrate a comprehensive and cost-effective treatment algorithm for a diagnosis. This article will discuss the basics of business strategy for the spine surgeon, and ways in which the surgeon may demonstrate value to their patients.
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