Post-Merger Challenges: Analyzing the Successes of Consolidation
Organizational healthcare trends are causing revolutionary change and complexity in leading both community and large hospital systems. Costs, ambulatory trends, population health, IT systems, and well-funded for-profit competitors are forcing hospitals to seek partnerships to expand offerings and explore growth strategies to stay viable in their markets. Lahey Health is a leading healthcare system in northeastern Massachusetts that was formed very rapidly over a 36 month period.
Throughout this period of rapid growth, our mandate has been to consolidate and standardize as quickly as possible to realize the full value our new consolidated system offers while improving operations, financial stability, quality and continuity of care. Our program for HCI will deliver our lessons learned through the process of bringing multiple, formerly independent organizations together under a common operating model while at the same time responding to the intense pressure to bring costs down and maintain exceptional levels of patient care. Throughout this revolutionary change for our system, we are also challenged with engaging our colleagues, developing leaders to be inspiring and motivate all people, both clinical and administrative, to achieving business unit and organization goals while creating work environments across the system where people thrive.
In this keynote presentation, the CHRO, VP Talent and VP OD at Lahey Health have come together to share their insights.
You will learn:
- How to tackle complex organizational challenges, such as multiple mergers.
- How workforce analytics is supporting current and future decision making.
- How the operationalization of workforce planning has moved from a decentralized to centralized function and the pros and cons of each method.