The anesthesia market continues to undergo disruption. Financial margins are shrinking, and buyers are demanding that anesthesia services be provided in an efficient, low-cost manner. To help anesthesiologists analyze their market, Drucker and Porter's framework of buyers, suppliers, quality, barriers to entry, substitution, and strategic priorities allows for a structured analysis. Once this analysis is completed, anesthesiologists must articulate their value to other medical professionals and to hospitals. Anesthesiologists can survive and thrive in a value-based health care environment if they are capable of providing services differently and able to deliver cost-effective care.
|Original language||English (US)|
|Number of pages||7|
|State||Published - Dec 2017|
Bibliographical notePublisher Copyright:
© 2017 Elsevier Inc.
Copyright 2018 Elsevier B.V., All rights reserved.
- Financial silo(s)
- Market forces
- Strategic position
- Strategic priorities
- Value-based care