EPISODE · Oct 15, 2024 · 23 MIN
What to look for when hiring a healthcare consultant with Sarah Howe & Morgan Coyner.
from Hatching Creativity: Conversations on Success, Innovation, and Growth · host Hatch Compliance
Navigating the treacherous waters of consultant selection can be daunting; let's ensure you're equipped with the know-how to avoid the siren call of cut-rate expertise. Our latest discussion peels back the layers of due diligence necessary for businesses to confidently engage the right professionals. I'll share an eye-opening anecdote about a client nearly lured by the false economy of low-cost services. We dissect the perils of generic solutions, emphasizing the critical need for a consultant's authenticity and dedicated specialty. As we pivot to the healthcare domain, I break down the fee-for-service and value-based care models while underscoring the vitality of cultivating trusted referral networks.Then, we wade into the nuanced world of retainer contracts through a lens of personal experience. I dissect various retainer arrangements, highlighting the imperative of aligning costs with the substantial value they must deliver. Open dialogue and transparency are the lifelines of these engagements, and I stress how clients should leverage their intrinsic knowledge of their own teams when collaborating with consultants. In a powerful final segment on addiction payment reform, we spotlight the Alliance for Addiction Payment Reform's trailblazing value-based payment system. Their mission to revamp substance use disorder services is not just a financial crusade—their profound vision is to reshape the healthcare landscape for the betterment of society.
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Navigating the treacherous waters of consultant selection can be daunting; let's ensure you're equipped with the know-how to avoid the siren call of cut-rate expertise. Our latest discussion peels back the layers of due diligence necessary for businesses to confidently engage the right professionals. I'll share an eye-opening anecdote about a client nearly lured by the false economy of low-cost services. We dissect the perils of generic solutions, emphasizing the critical need for a consultan...
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What to look for when hiring a healthcare consultant with Sarah Howe & Morgan Coyner.
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