Strategy Solution Tool Can Forecast Hospital Profits, Losses Through 2019

Objective Health has launched Strategy Solution, a new, comprehensive offering that combines consulting expertise, advanced data analytics and web-based software to drive results.

The tool helps hospital management teams address vital strategic questions, such as whether it should remain independent, and identify key drivers of hospital performance and what type of risk-based business model suits it best.

Strategy Solution is implemented in four phases: discovery, forecast, growth and execution. It allows hospitals to build a database, forecast a hospital's profits and losses through 2019, assess opportunities for service line growth and launch the best initiatives to drive sustainable results.

Objective Health, a McKinsey Solution for Healthcare Providers, is a specialized group within McKinsey & Company. For more information on Strategy Solution, click here.

More Articles on Objective Health:

Getting a Better Grip on Hospital Cost Estimates
What 4 Factors Should Determine a Hospital's Service Line Strategy?
A Three-Pronged Approach to Optimizing Patient Flow



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