# Strategic Planning * **Definition:** The process of defining an organization's direction and making decisions on allocating resources to pursue this strategy, particularly important for achieving long-term goals and adapting to industry trends. * **Taxonomy:** CTO Topics / Strategic Planning ## News * Selected news on the topic of **Strategic Planning**, for healthcare technology leaders * 15.9K news items are in the system for this topic * Posts have been filtered for tech and healthcare-related keywords | Date | Title | Source | | --- | --- | --- | | 5/24/2025 | [**Alicia Gresham, Chief Medical Officer and Chief Physician at Penn Medicine**](https://www.beckershospitalreview.com/podcasts/uncategorized/alicia-gresham-chief-medical-officer-and-chief-physician-at-penn-medicine/) | [[Beckers Hospital Review]] | | 5/14/2025 | [**New York system taps chief strategy officer as CEO - Becker's Hospital Review**](https://www.beckershospitalreview.com/hospital-executive-moves/new-york-system-taps-chief-strategy-officer-as-ceo/) | [[Beckers Hospital Review]] | | 5/8/2025 | [**Infinx Acquires i3 Verticals' Healthcare Revenue Cycle Management Business**](https://hitconsultant.net/2025/05/08/infinx-acquires-i3-verticals-healthcare-revenue-cycle-management-business/) | [[HIT Consultant]] | | 4/29/2025 | [**Baystate to lay off 43 employees**](https://www.beckershospitalreview.com/finance/baystate-to-lay-off-43-employees/) | [[Beckers Hospital Review]] | | 4/19/2025 | [**HIMSS Changemaker recommends investing time to mentor - Healthcare Finance News**](https://www.healthcarefinancenews.com/video/changemaker-recommends-investing-time-mentor) | [[Healthcare Finance]] | | 4/17/2025 | [**AI Machine Learning Solutions as the New Digital Backbone - CIOReview**](https://www.cioreview.com/news/ai-machine-learning-solutions-as-the-new-digital-backbone-nid-40911-cid-244.html) | [[CIO Review]] | | 4/3/2025 | [**Transforming Risk Management in Latin America: The Role of Technology - CIOReview**](https://www.cioreview.com/news/transforming-risk-management-in-latin-america-the-role-of-technology-nid-40889-cid-254.html) | [[CIO Review]] | | 4/1/2025 | [**Germany's EHR Market Faces Disruption Amid AI Caution, Regulatory Shifts and Vendor ...**](https://finance.yahoo.com/news/germanys-ehr-market-faces-disruption-120000698.html) | [[Yahoo Finance]] | | 3/5/2025 | [**Emerge Innovation in Action at HIMSS25 - Healthcare Finance News**](https://www.healthcarefinancenews.com/news/emerge-innovation-action-himss25) | [[Healthcare Finance]] | | 2/7/2025 | [**70 chief strategy officers to know - 2024 - Becker's Hospital Review**](https://www.beckershospitalreview.com/lists/70-chief-strategy-officers-to-know-2024.html) | [[Beckers Hospital Review]] | | 2/5/2025 | [**Professional Services Market to grow by USD 2.07 Trillion (2024-2028), growing focus on ...**](https://www.prnewswire.com/news-releases/professional-services-market-to-grow-by-usd-2-07-trillion-2024-2028-growing-focus-on-digitalizing-business-processes-boosts-the-market-report-on-ai-driven-market-evolution---technavio-302368997.html) | [[PR Newswire]] | | 12/12/2024 | [**ChristianaCare names new VP of IT**](https://www.beckershospitalreview.com/hospital-executive-moves/christianacare-names-new-vp-of-it.html) | [[Beckers Hospital Review]] | | 12/12/2024 | [**Providence South Division CFO aims to visit all 17 Hospitals in 1 year**](https://www.beckershospitalreview.com/finance/providence-south-division-cfo-aims-to-visit-all-17-hospitals-in-1-year.html) | [[Beckers Hospital Review]] | | 12/12/2024 | [**3perating margin won't 'keep you alive': Aspirus CEO**](https://www.beckershospitalreview.com/finance/3-operating-margin-wont-keep-you-alive-aspirus-ceo.html) | [[Beckers Hospital Review]] | | 12/12/2024 | [**New $84M California hospital gets name**](https://www.beckershospitalreview.com/digital-marketing/new-84m-california-hospital-gets-name.html) | [[Beckers Hospital Review]] | | 11/4/2024 | [**The Evolving Landscape of Strategic Planning in Healthcare - Becker's Hospital Review**](https://www.beckershospitalreview.com/strategy/the-evolving-landscape-of-strategic-planning-in-healthcare.html) | [[Beckers Hospital Review]] | | 10/15/2024 | [**6 children's hospitals leading AI**](https://www.beckershospitalreview.com/healthcare-information-technology/6-childrens-hospitals-leading-ai.html) | [[Beckers Hospital Review]] | | 9/13/2024 | [**Next Generation Lithium Batteries Market to Grow by USD 72 Billion from 2024-2028, Driven ...**](https://www.prnewswire.com/news-releases/next-generation-lithium-batteries-market-to-grow-by-usd-72-billion-from-2024-2028-driven-by-strategic-partnerships-and-ai-impact-on-trends--technavio-report-302245099.html) | [[PR Newswire]] | | 9/12/2024 | [**Patient Engagement Challenges in Healthcare - MedTech Outlook**](https://www.medicaltechoutlook.com/news/patient-engagement-challenges-in-healthcare-nwid-3643.html) | medicaltechoutlook.com | | 9/12/2024 | [**The CISO Connector: Bridging Business Goals, Operations, and Security in Healthcare**](https://hitconsultant.net/2024/09/13/the-ciso-connector-bridging-business-goals-operations-and-security-in-healthcare/) | [[HIT Consultant]] | | 9/6/2024 | [**C-reactive Protein Testing Market Size, Share, Growth Analysis - TechBullion**](https://techbullion.com/c-reactive-protein-testing-market-size-share-growth-analysis/) | techbullion.com | | 7/26/2024 | [**MoonTaurus Presale Hype Hits New Highs as Investors Anticipate a 50X Bull Run on Meme ...**](https://techbullion.com/moontaurus-presale-hype-hits-new-highs-as-investors-anticipate-a-50x-bull-run-on-meme-coin-launch/) | techbullion.com | | 7/20/2024 | [**Healthcare Business Process Outsourcing (BPO) Market size is set to grow by USD ... - PR Newswire**](https://www.prnewswire.com/news-releases/healthcare-business-process-outsourcing-bpo-market-size-is-set-to-grow-by-usd-17-29-billion-from-2024-2028--focus-on-reducing-operational-costs-to-boost-the-market-growth-technavio-302200687.html) | [[PR Newswire]] | | 7/19/2024 | [**Healthcare Business Process Outsourcing (BPO) Market size is set to grow by USD 17.29 ...**](https://finance.yahoo.com/news/healthcare-business-process-outsourcing-bpo-215000196.html) | [[Yahoo Finance]] | | 6/13/2024 | [**Isaac Ullatil and Michele Chulick Join Azra AI Board of Directors**](http://www.businesswire.com/news/home/20240613828796/en/Isaac-Ullatil-and-Michele-Chulick-Join-Azra-AI-Board-of-Directors/?feedref=JjAwJuNHiystnCoBq_hl-RLXHJgazfQJNuOVHefdHP-D8R-QU5o2AvY8bhI9uvWSD8DYIYv4TIC1g1u0AKcacnnViVjtb72bOP4-4nHK5ieT3WxPE8m_kWI77F87CseT) | [[Business Wire]] | ## Topic Overview (Some LLM-derived content — please confirm with above primary sources) ### Key Players - **Aspirus Health**: A health system aiming to optimize resources and achieve a sustainable operating margin through strategic planning. - **P2P Group Limited**: A company enhancing its strategic planning and innovation efforts through the establishment of an Advisory Board. - **SS&C Technologies**: A global provider of services and software for financial services and healthcare, emphasizing the importance of strategic planning for successful AI implementation. - **Dr. Ray Anderson**: Executive Vice President and Chief Strategy Officer for Trinity Health, leading strategic planning and digital modernization. - **Schellman**: A provider of attestation and compliance services, focusing on growth initiatives and strategic planning in the compliance sector. - **Wellstar Health System**: A healthcare system that launched a leadership coaching program to improve retention and align with its mission and values. - **AtlantiCare**: A healthcare system aiming to transform into a $2 billion organization through innovative technologies and strategic planning. - **Department of Health and Human Services (HHS)**: Government body that released a strategic plan on artificial intelligence in healthcare, outlining goals for innovation and regulatory clarity. - **Pam Lindemoen**: Chief Security Officer and VP of Strategy for RH-ISAC, overseeing security operations and strategic planning. - **Ms. Amita Malviya**: An Independent Consultant recognized for her leadership and strategic planning skills across multiple global sectors. - **Dara Bartels**: CEO of Mile Bluff Medical Center, aligning operational and financial goals. - **Trianz**: A consulting firm collaborating with AWS to enhance cloud migration and management. - **ECS**: Provides program and financial management support to ARPA-H's Health Science Futures and Scalable Solutions mission offices. - **ApTask Global Workforce**: A company focusing on global inclusion initiatives and workforce solutions, emphasizing the importance of diversity in strategic planning. - **Quality Insights**: An organization dedicated to enhancing healthcare quality through transformative initiatives. - **Dr. Feby Abraham**: Chief Strategy Officer at Memorial Hermann Health System, known for expanding patient access through strategic partnerships. - **ChristianaCare**: A healthcare organization that appointed Chad Paine as vice president of IT governance, strategy, and portfolio management to enhance project management services. - **Melynda Capps Lee**: Vice President of Operations and Growth Consulting at SimiTree, enhancing integrated solutions for post-acute care. - **Info-Tech Research Group**: A research firm providing strategies for IT leaders in healthcare to address challenges like data silos and cybersecurity. - **Persistent Systems**: Provides digital transformation services in healthcare and life sciences. ### Partnerships and Collaborations - **PwC and Strategy&**: An acquisition that allows PwC to leverage expertise in healthcare consulting for strategic planning and operational efficiency. - **CASE and Lindauer**: Collaboration to enhance leadership in education within the organization. - **Axxess and Transcend Strategy Group**: A partnership providing affordable consulting services to accelerate growth for home care companies. - **Trianz and AWS**: Strategic collaboration to improve cloud migration and management through the Concierto platform. - **Infinite Reality**: Expanding its executive team to support growth in digital media and immersive technologies, enhancing strategic initiatives. - **Elida Beauty and Kinaxis**: Partnered to modernize supply chain operations and improve collaboration with suppliers. - **ECS and ARPA-H**: ECS will provide program and financial management support to ARPA-H's mission offices, focusing on biotechnology and healthcare access. - **Octapharma and Kinaxis**: Octapharma partnered with Kinaxis to enhance supply chain management through data system integration, improving agility and decision-making. - **Light AI Inc. Advisory Board**: Formed to enhance leadership in AI healthcare, including experts from Medtronic and the University of British Columbia. - **AtlantiCare and Oracle Health**: Collaboration to implement new solutions and capabilities to improve clinical excellence. - **Malaysia and Major Tech Companies**: Strategic partnerships with Amazon, Google, and Microsoft to advance AI development. - **HIMSS Changemaker**: An initiative emphasizing the importance of mentoring in healthcare to foster growth and development. - **Aware Recovery Care and Connecticut Innovations**: Secured funding to enhance in-home addiction treatment services and expand operations. - **NORD and Kelly Esperias**: NORD appointed Kelly Esperias as Chief Strategy & Operations Officer to drive growth and innovation in supporting families affected by rare diseases. - **ECRI and The Just Culture Company**: Acquisition aimed at improving healthcare quality and safety through a balanced accountability system. - **Harvest Integrated Research Organization (HiRO) and Hallym University Sacred Heart Hospital**: A partnership aimed at fostering innovation in drug research and development, enhancing collaboration in medical research. - **CrossTx and Artemis Global RPM**: Partnered to enhance Remote Patient Monitoring and Chronic Care Management programs. - **American Hospital Association and American Medical Association**: Organizations requesting the HHS to postpone quality measure reporting for ACOs, indicating collaboration in healthcare policy. - **Laerdal Medical and American Hospital Association**: A partnership aimed at enhancing patient safety and quality in hospitals through innovative solutions and evidence-based practices. ### Innovations, Trends, and Initiatives - **HHS AI Strategic Plan**: Outlines goals for AI in healthcare delivery, focusing on innovation, trustworthy development, and workforce empowerment. - **Smart Hospitals**: An initiative discussed at the HIMSS '25 Strategy Summit, emphasizing the need for strategic partnerships and technology integration. - **Data Analytics**: Crucial for informed decision-making and strategic planning, allowing organizations to parse large datasets for competitiveness. - **Technology Adoption Strategy**: Involves assessing current challenges, engaging stakeholders, and ensuring interoperability to improve patient care and operational efficiency. - **Data Strategy Blueprint**: Info-Tech Research Group published a blueprint for healthcare organizations to build a holistic data strategy, enhancing operational efficiency and patient outcomes. - **Generative AI Adoption**: Predicted to grow significantly, with over 80% of enterprises expected to adopt AI by 2026, necessitating strategic planning for effective implementation. - **Value-Based Care Transition**: Shifting reimbursement models requiring CFOs to invest in technology and infrastructure while managing financial risks. - **Next Generation Lithium Batteries**: Projected growth driven by strategic partnerships and focus on research and development for advanced battery chemistries. - **Vision 2030**: AtlantiCare's roadmap aimed at transforming its healthcare system through innovative technologies and community programs. - **Leadership Coaching Programs**: Implemented by Wellstar Health System to enhance leadership skills and improve employee retention rates. - **AI and Machine Learning**: Technologies revolutionizing risk management and operational efficiency in healthcare, emphasizing the need for strategic planning and ethical governance. - **Healthcare Business Intelligence**: Utilizes data analytics and visualization tools to enhance decision-making processes and operational efficiency in healthcare organizations. - **Technology Enablement**: Integrating advanced technologies like cloud computing, AI, and data analytics to enhance operational efficiency. - **Healthcare Consulting Services Market**: Projected growth driven by digital integration and value-based care models. - **Diversity, Equity, and Inclusion (DEI) Initiatives**: Hospitals are implementing DEI programs to improve health outcomes and create supportive environments for patients and staff. - **Healthcare Analytics Market**: Projected growth driven by the need to reduce spending and improve outcomes, highlighting the importance of data-driven decision-making. - **Cloud Computing in BPO**: Driving operational efficiency and reducing costs in healthcare through remote management of critical information. - **Mergers and Acquisitions**: The healthcare landscape is being reshaped by large-scale integrations and vertical integration among payers and providers, alongside smaller acquisitions targeting niche markets. - **Revenue Cycle Management Technology Adoption Model (RCMTAM)**: A framework to evaluate operational performance and maturity of revenue cycle technology in healthcare. - **Chief Health AI Officer (CHAIO)**: A newly emerging role focused on developing AI strategies and overseeing AI implementation in healthcare. ### Challenges and Concerns - **Financial Pressures**: Healthcare systems are grappling with financial losses, prompting the need for strategic planning to ensure sustainability. - **Compliance with New Regulations**: Organizations must adapt to new compliance requirements under legislation like the Inflation Reduction Act, necessitating strategic planning. - **Security and Compliance**: Identified as key challenges in AI implementation, necessitating careful strategic planning to mitigate risks. - **Economic Pressures**: Economic pressures are driving the need for strategic adaptability in the healthcare industry to ensure future success. - **AI Utilization Gap**: Only 34% of organizations feel equipped to utilize AI's full potential, highlighting the need for strategic planning and talent development. - **HHS Restructuring Concerns**: Stakeholders express alarm over potential impacts on healthcare initiatives and research due to recent organizational changes. - **Operational Pressures**: Healthcare leaders face challenges in leveraging technology effectively while managing recruitment and financial constraints. - **Cybersecurity Risks**: CISOs face significant challenges in managing cybersecurity due to insufficient strategic support, with 73% expressing concerns about unmanageable risks. - **Data Management Issues**: Healthcare organizations struggle with data silos, compliance issues, and cybersecurity threats, necessitating a unified data strategy. - **Cybersecurity**: Ransomware attacks necessitate a multifaceted strategy focusing on prevention and response. - **Market Growth Challenges**: The healthcare consulting market faces complexities in navigating regulatory changes and implementing new technologies. - **Healthcare CFOs' Challenges**: Facing rising costs and the need for agile cost containment strategies due to increasing healthcare expenses. - **AI Readiness in Corporations**: The need for carriers to be AI-ready in their corporate architecture and business models for successful digital transformation. - **Cybersecurity Threats**: Growing concerns regarding cybersecurity in healthcare, necessitating advanced security measures and incident response plans. - **Scalability in Healthcare Access**: Challenges in addressing healthcare access and equity highlighted by ECS's collaboration with ARPA-H. - **Data Privacy and Security**: The evolving role of the Chief Information Security Officer (CISO) in healthcare emphasizes the need for comprehensive security management amid increasing cyber threats. - **Healthcare Technology Adoption**: 42% of health systems are at Stage 1 of the RCMTAM, indicating a significant opportunity for improvement. - **Preventable Patient Harm**: Addressing alarming rates of preventable harm in healthcare through improved safety systems. - **Regulatory Compliance**: The need for governance and policies to ensure responsible AI use in healthcare systems. - **Regulatory Scrutiny on AI**: Increasing scrutiny on AI usage in healthcare, with potential impacts on patient care and IT environments. ## Related Topics [[Strategic Thinking]]; [[Strategic Direction]]; [[Organizational Strategy]]