“It is the effective management of the clinical enterprise that distinguishes a true care system from a collection of assets,” says health care strategist Jeff Goldsmith. (Photo: Shutterstock)
So many of the giants in the health care space today have made their millions (scratch that, billions) by building their business strategies around the system as it currently exists. There is nothing wrong with this from a strictly business point of view. The problem, argues health care strategist Jeff Goldsmith, is when these entities call themselves “health systems.”
In a recent article for Harvard Business Review, Goldsmith, a national adviser to Navigant Consulting and president of consulting firm Health Futures, explores why the term is a poor fit, and in many cases, misleading.
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Emily Payne
Emily Payne is director, content analytics for ALM's Business & Finance Markets and former managing editor for BenefitsPRO. A Wisconsin native, she has spent the past decade writing and editing for various athletic and fitness publications. She holds an English degree and Business certificate from the University of Wisconsin.
