Strategic Planning

Building a Better Tomorrow: Strategic Planning Services

Pressure is increasing to balance the demands of managing the cost of your operations, investing in state-of-the-art technology and identifying new revenue streams for the business. Healthcare organization stakeholders, and the mission of your organization, depend on it. In turn, having a sound strategic plan for the future is imperative.

Our team of healthcare professionals brings a sound, practical approach to developing short and long range strategic plans. We seek to first understand your culture, your current state, and your desired future state. With a mutually defined ambition, we work together to identify key strategic initiatives that will help you and your organization reach your goals.

Examples of where we've applied our Strategic Planning Services include:

• Developed a business case for offering pediatric specialty services to secondary markets
• Identified the benefits of consolidating diagnostic testing services into a core operation that serves a multi-hospital regional health system
• Produced a case for action for the development of an fully integrated clinical data repository for a group of partner integrated health networks
• Determined the strategic direction for a healthy system's approach to shared courier services
• Developed a strategy for the deployment of a system-wide quality program

Sample Engagement

Healthcare Facility:

Specialty Pediatric Hospital in the Midwest.

Project Goals:

• Develop a case for action and required investment for expanded pediatric diagnostic testing services to non-affiliated hospitals and clinics in surrounding region
• Develop a return on investment model for the proposed pediatric specialty testing services

Ascendium Solutions:

• Conducted primary and secondary research with hospitals and physicians in the surrounding area with regard to the demand for pediatric testing services
• Quantified the market potential for expanded services
• Quantified the required investment to develop expanded testing capabilities and market new services
• Developed five year pro-forma financials for new business expansion of pediatric testing services

Bottom Line Results:

• Provided senior management with the information needed to make an informed decision on the available market, required investment and potential incremental revenue for expanded pediatric testing services