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Questions
1. Strategic Thinking: Leaders need to understand the broader healthcare landscape, including the strategies of major insurers and the potential benefits of different business lines. They must be able to anticipate changes and make strategic decisions about which models to pursue.
2. Collaboration: The article mentions the need for payers and providers to align closely on market strategies. Leaders must be able to foster collaboration both within their organization and with external partners.
3. Risk Management: Risk-based models inherently involve taking on more risk. Leaders must be able to assess and manage this risk effectively.
4. Innovation: The shift towards risk-based models represents a significant change in the healthcare industry. Leaders must be open to innovation and able to drive change within their organizations.
5. Financial Acumen: Leaders must understand the financial implications of different models and be able to make sound financial decisions."
As an existing or potential small business owner, you will begin to identify the primary components of a business plan.
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