This year, the Collins English Dictionary named “permacrisis” the word of the year for 2022. Defined as “an extended period of instability and insecurity”, I think it is an apt choice.

The dictionary definition of prospection is “foresight and anticipation; the act of looking forward and providing for future wants”. For organizational leaders, prospection is the measure of the future-mindedness of a leader—the ability to envision the future possibilities of the organization while preparing for the roadblocks that may happen along the way. This leadership competency, prospection, is key to planning for future financial sustainability.

Mergers, acquisitions, and affiliations (MA&A) are all about scale—being big enough to be able to compete in any given market sector. That may be scale in terms of financial reserves, market share, unit costs, service line or payer diversification, or some other critical factor. But just ‘being big’ isn’t enough. It’s all about using MA&A as part of a strategic growth plan.

Pandemic-driven market forces are challenging the sustainable business models for specialty health and human service provider organizations, creating a more competitive environment with tighter margins, a need for more capital, and more pressure on value-based reimbursement (VBR).

Historically, there has been a perception in the health and human service world that organizational financial strength isn’t necessarily a key performance indicator. In an era of cost-based fee-for-service reimbursement with a large market share held by non-profit organizations and with minimal influence exerted by health plans, that was probably the case.

This presentation took place at The 2023 OPEN MINDS Performance Management Institute. This session focused on value-based payments in the nonprofit/behavioral health provider organization field, including realigning service portfolios, measuring for outcomes, attribution, etc.

This presentation took place at The 2023 OPEN MINDS Performance Management Institute. The speakers took an extensive look into how prevailing practices will meet the needs of the future.

This presentation took place at The 2023 OPEN MINDS Performance Management Institute. During this session the speakers covered how to improve organization-wide performance and service outcomes, deliver on successful consumer experiences and engagement strategies, and integrate care and technology in consumer-centric ways.

During this session, Senior Associate Ken Carr discussed the OPEN MINDS Financial Assessment Tools Suite, made available at no charge through the support of NextGen Healthcare hosted on Whole-Person Care Headquarters.

This presentation took place at The 2023 OPEN MINDS Performance Management Institute. Attendees heard from organizations on their pathways taken to succeed in ensuring care integration and service coordination for specific populations, addressing social determinants of health (SDOH), achieve whole person outcomes, and meet consumer and payer expectations.