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A conversation with Rich Liekweg, CEO of BJC Health System in Missouri, and Nick Barto, president of BJC Health System

It has been an incredibly busy and exciting year for our Strategy & Business Transformation practice at Kaufman Hall. In 2024, we observed hospitals and health systems take steps to reinvigorate their strategic efforts amid a stabilizing, but still challenging, outlook.

This week’s graphic dives into a growing challenge facing health systems’ physician enterprises.

As organizations increasingly adopt a service line planning model, integrated strategic financial planning is more critical than ever.

A judge orders a partial, preliminary injunction of the FTC’s noncompete ban, Sanford Health and Marshfield Clinic announce plans to combine, and CMS proposes a nearly 3% cut to Medicare physician pay for 2025.

Using the latest data forecast from Sg2, a Vizient company, the graphic below illustrates how the outpatient shift will continue to accelerate through 2034.

Artificial intelligence can provide the tool necessary to untangle complex healthcare agreements and contracts. In academic healthcare, this can support efforts to restore a funds flow model to what has been legally agreed to or negotiate a new funds flow agreement.

Health system leaders can no longer afford to think of APPs as extenders or expensive scribes. They must work to effectively integrate APPs across clinical settings and develop the operational and financial data points needed to monitor the efficacy of that integration.

The employed physician model is coming under stress at many health systems. Given the growing financial pressures that health systems face, they must rethink how they are deploying scarce financial resources and physician talent across the enterprise.

A five-step design process used by the SpaceX engineering team provides a framework for healthcare leaders seeking to transform how patients access their health system.

Congress begins its public inquiry into Change’s cybersecurity breach, and Elevance announces a new primary care platform company.

Hospital executives have given the physician employment strategy considerable thought. Here are four observations from healthcare leaders who are rethinking the physician employment model.