You are a consulting team from a major regional healthcare consulting firm. You have been engaged by the CEO of a major healthcare provider in a competitive environment. The CEO informs you that the Board of Directors has asked that monthly reporting not be limited to financial projections and budget-to-actual reports. Rather, they are becoming concerned with evaluating performance on value.

The board still has a fiduciary responsibility to ensure the financial health of the organization and member are increasingly concerned with value provided, not just cost. The CEO asks your team to advise her on what she should propose to the board for such monitoring of value.

1. Describe what you anticipate will be the short-term and long-term impacts on revenue and cash flow and why?
2. Analyze the roles and responsibilities of the medical staff leadership in value improvement.