Want to create interactive content? It’s easy in Genially!
Activity 8: Identifying Potential Opportunities
Qsource
Created on January 30, 2024
Start designing with a free template
Discover more than 1500 professional designs like these:
Transcript
Qsource has identified three opportunities to explore that stem from current core competencies & aim to increase our impact
Target opportunity areas & competitors
Quality Improvement for Chronic Disease
Home Health Quality & Management Optimization
Quality Improvement & Management Optimization
Provide quality improvement expertise and management optimization as part of QIO-QIN contracting and directly to skilled nursing facilities and nursing homes Value drivers: STAR ratings enhancement, quality outcome improvement, penalty cost reduction, operational margin improvement, workforce transformation (operations/clinical enhancement)
Improve quality of care for chronic disease population across the entire continuum of care from preventative to acute / end of life Value drivers: Excess medical spend reduction, site-of-care-steerage, readmission rate reduction, value-based reimbursement
Provide quality improvement and operational optimization services to home health (HH) providers Value drivers: Regulatory compliance improvement, workforce transformation (operations -scheduling, learning and development, etc. / clinical enhancement -clinical pathways), provider capacity enhancement, labor shortage mitigation
Total US SNFs:14,810 SNFs
Total US HH Agencies: 11,500
TBD
Market competitors
Market competitors
Market competitors
Long-term target
Near-term target
Potential opportunities were mapped across new and existing products and customers
Service / product opportunities framework
New service / product
“The new-new”New service/product (or existing service/product with a new revenue model) delivered to new customers (e.g., wellness & prevention quality improvement services for commercial payers
“The extension”New or modified service / product delivered to existing customers (e.g., health equity support for government organizations)
Existing customers “The standard”Existing services and products sold to existing customers more efficiently and effectively (e.g., quality improvement contracting for government organizations)
New customers
“The repackage”Existing services and products sold to new customers more efficiently and effectively (e.g., quality improvement services for home health agencies)
Existing service / product
40