'Health system' is out; here's what comes next
By Admin | April 14, 2023
Hospitals evolved into health systems over the last several years with multiple care sites and expanded focus on health and wellness. Millions of dollars were spent in rebranding and strategy to become "health systems."
Now, the term is becoming obsolete.
Health systems are so much more than care providers, with ancillary businesses such as retail pharmacy, venture capital investing, telehealth, hospital-at-home, and more. The best new term to describe evolving health systems hasn't been universally defined, but a few organizations have begun internally rebranding.
Stony Brook (N.Y.) Medicine's growth strategy isn't focused on more inpatient services, or even expanding its 240 community-based physician clinics. Instead, the organization is zeroing in on at-home services, urgent and immediate care, and triaging patients appropriately. Stony Brook also...(More)
For more info please read, 'Health system' is out; here's what comes next, by Becker's Spine Review