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Strategic Opportunities

Strategic Opportunities. 10-30-13. Inspires Hope, Healing and Well-Being. What is the current landscape?. Triple Aim Improve population health Increase patient engagement and satisfaction Reduce total cost of care Health care homes ACO development

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Strategic Opportunities

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  1. Strategic Opportunities 10-30-13 Inspires Hope, Healing and Well-Being

  2. What is the current landscape? • Triple Aim • Improve population health • Increase patient engagement and satisfaction • Reduce total cost of care • Health care homes • ACO development • Competition is now large health systems vs. mental health agencies • Customer is now health plans, ACO’s, health care homes, State of Mn; as well as consumers of services.

  3. Changing funding mechanisms $ $ $ $ $ $ ACO MCO MCO PC SC BH PC Hosp SC BH Hosp

  4. What we are doing about it? • Establishment of Wellness Model • Positioning for creation of Behavioral Health Home • MCHN group involvement • ICSP with MHP and Medica • Merger investigation

  5. Why Merger? • The creation of a continuum of services under unified control, highlighting expansion of geographic spread • Decrease fragmentation of services for consumers • Able to serve more clients in a holistic manner • Larger market share to compete in new marketplaces • Better marketing position • Higher public profile • Greater political influence • More strategic fundraising • Greater economies of scale

  6. Why Canvas Health? • Shared mission, vision, values • Complementary services vs. competing services • Larger staff, allowing greater specialization of functions • Strengthening of each organization by allowing each to benefit from other’s experience, resources and skills • Strong history of fundraising and donor relations • Shared desire for holistic perspective of treatment • History of financial stability • Expansion into children’s mental health services

  7. Touchstone continuum of care

  8. Merged continuum of care

  9. Geographic Reach

  10. “Newco” Vision • Culture • Services • Staff/skills • Size • Finance • Leadership • Future opportunities

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