Strategic Opportunities 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 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.
Changing funding mechanisms $ $ $ $ $ $ MCO ACO PC BH Hosp SC PC BH Hosp SC MCO
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
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
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
Touchstone continuum of care
Merged continuum of care
Geographic Reach
“Newco” Vision Culture Services Staff/skills Size Finance Leadership Future opportunities