This Working Paper provides a 4-part plan for successful strategic reopening and recovery from the COVID-19 crisis.
Immediate actions require a review of strategic and financial plans against the new normal of the market. Health systems need to plan and implement initiatives in four priority areas to ensure a successful strategic reopening and recovery:
Develop a “SMART©” Reopening Plan
Engage Payer Partners and Adapt Contracting Approach
Rebuild Physician Partnerships
Evaluate Partnership and Acquisition Opportunities
While difficult, it is essential for leaders to rise above, “How will we manage the current crisis?” and think about a reopening and recovery strategy.
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