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How One Health System is Demonstrating the Right Way to Build a Smart Growth Strategy
Frontiers of Health Services Management
|November 23, 2021
Summary
Froedtert Health is adopting a community hospital strategy to meet rising demand for specialized services. This approach complements their academic medical center by investing in new capabilities across Wisconsin.
Area of Science:
- Health Services Research
- Healthcare Management
- Hospital Administration
Background:
- Traditional health system growth in the US often involves physical expansion and cost-cutting measures like facility closures.
- Value in healthcare has historically been pursued through cost reduction and consolidation of services.
Purpose of the Study:
- To outline Froedtert Health's innovative growth strategy focused on "right care, right time, right place."
- To describe how Froedtert Health is enhancing its community hospital model to complement its academic medical center.
- To detail investments in new capability platforms supporting a network-wide care model.
Main Methods:
- Analysis of health system growth trends in the United States.
- Case study of Froedtert Health's strategic shift in care delivery.
- Examination of investments in community hospitals and new technological platforms.
Main Results:
- Froedtert Health is experiencing increased demand for tertiary services at its academic medical center.
- A new community hospital strategy is being leveraged and enhanced to manage this demand.
- Investments are being made in capability platforms to support the integrated care model.
Conclusions:
- Froedtert Health's philosophy drives growth through strategic placement of care services.
- The community hospital strategy is key to complementing the academic medical center's specialized services.
- Investment in capability platforms is essential for a cohesive and effective health network model.
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