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HEALTHCARE BUSINESS MEGATRENDS
The Evolving Healthcare Business Environment. Healthcare is now America's largest business industry. Estimates predict that it will account for more than 20 percent of our Gross Domestic Product by 2018. No other segment of our economy has grown so rapidly or undergone such enormous changes in recent times. Yet the healthcare industry’s future remains uncertain in an emerging era of increased competition, growing consumer demands, managed care limits, revenue constraints and government regulations.
Effective strategies must be crafted for healthcare providers to prevail in an environment characterized by deep-rooted social values, intense cost reduction pressures, scarce resources and fierce competition for market shares. Changes must be planned and implemented carefully on a timely basis. Management operations must become more efficient and financial performances must be carefully designed and monitored. Compliant legal and regulatory guidelines must be understood and implemented.
The Radius Response. The Radius Health System was created to deal with these business megatrends on a timely effective basis. Radius is a full-service healthcare management services organization based in Houston, with allied offices in New York, Detroit, Chicago, and other major cities. It was established in 2003. The firm brings together a special group of experienced professionals who have the knowledge and skills needed to meet the management needs of today’s evolving healthcare industry. It is part of a large consulting network of more than 100 individuals and firms across the United States.
Our system consultants represent decades of experience in serving hundreds of clients across the country. We specialize in strategic planning, operations, finance and related government affairs. Our service focal points are on integrated health system design and formation, operational problem solving, efficiency improvements, service delivery betterment and profit enhancements. We offer a wide range of services to clients who want to grow, diversify and prosper in the evolving age of managed care and intense competition. We have an uncompromising commitment to quality, innovation and client service.
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