Acute care services play an important role in the continuum of health care services – treating and stabilizing individuals experiencing brief but severe episodes of illness. But the financial challenges of these services have become challenging, as evidenced by the daily announcement of acute care provider bankruptcies and consolidations. The challenges are many – worker shortages, rising costs for pharmaceuticals and supplies, payer driven reduced payer stays, and stagnant reimbursement rates. Future financial sustainability requires an understanding of market drivers and strategies to reengineer the business model. This session will focus on:
- Understanding the changing role of acute care services
- Tactics for addressing workforce and price increase pressures
- Integrating acute care services with value-based reimbursement