Over the next several years, as market changes occur and regulations emerge, the quantification of impacts and risks will be more important than ever for healthcare providers. Access to the external capital required to fund strategic plans is contingent on an organization’s financial performance. Risk and sensitivity analyses can help to validate the affordability of plans and indicate their effect on financial performance. Proactive management responses to industry and market change may then be put in place to improve financial performance, thereby defending an organization’s credit position and capital access.
The point is that market and capital strategies, day-to-day operational planning, and financial planning must be integrated organization-wide. It is no longer possible to address one issue at a time, in an incremental fashion. All modeling parameters and forecasts related to payment, volume, capital costs, and other variables may change and need to be modeled simultaneously.
These documents may be of interest.