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Expert Insight

Service line prioritization strategy must evolve beyond high-revenue surgeries

Specialty service line volumes drive hospital revenue today, but future growth trends will bring less reliable high-revenue surgical volumes. As leaders pursue revenue opportunities outside the hospital, they must evaluate opportunities and trade-offs within the service line to prioritize investments in specific services — rather than a service line overall.

Specialty service line volumes drive hospital revenue. Future volume growth trends favor outpatient surgical services, complex and expensive inpatient services, and medical care. Hospital leaders need to prepare for a future with less reliable high-revenue surgical volume by pursuing revenue opportunities outside the hospital and by targeting their investments below the service line level.

 

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  • You'll understand estimated total hospital revenues and forecasted growth projections for key service lines.
  • You'll learn about top opportunities and tradeoffs hospital leaders must make regarding service line prioritization and investment.

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