CHICAGO, Nov. 12, 2018 /PRNewswire-PRWeb/ --áThe Chartis Group released a white paper today "Standalone Hospitals: Are
Over the last 20 years, the percentage of U.S. hospitals over 200 beds, that are part of health systems, has risen from 56 percent to 77 percent. This trend continues as local regional and national health systems expand in search of greater scale, financial stability and market presence. This seemingly inexorable trend towards systems expansion has caused industry observers to state frequently that standalone community hospitals are "dinosaurs."
Chris Regan, Managing Director for The Chartis Group and co-author of the study noted, "It is critical for all organizations to periodically conduct a rigorous, thoughtful evaluation of their current positioning and future prospects; they should assess the range of options that best preserve the mission and meet their needs and those of the communities they serve."
The study found that successful independent hospitals share many of the same advantages. These market and internal characteristics enable many of the remaining standalone hospitals to meet their mission objectives, fund routine and strategic capital needs, build robust ambulatory and physician networks and fend off competition from larger systems. These characteristics include:
While stand-alone hospitals will continue to join local, regional and national health systems, a subset of institutions that are well-positioned across the above dimensions will continue to enjoy independence, support their communities and demonstrate the ability to thrive.
About The Chartis Group The Chartis Group (Chartis) provides comprehensive advisory services and analytics to the healthcare industry. With an unparalleled depth of expertise in strategic planning, performance excellence, informatics and technology, and health analytics, Chartis helps leading academic medical centers, integrated delivery networks, children's hospitals and healthcare service organizations achieve transformative results. Chartis has offices in Atlanta, Boston, Chicago, New York, Minneapolis, Portland and San Francisco. For more information, visit http://www.chartis.com.
Contact: Jim Brown National Marketing Director The Chartis Group email@example.com +1 312 932 3051
SOURCE The Chartis Group
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