Category: “Business & Economics”
- Diagnostic Imaging won’t continue to get the large funding its used to unless it starts managing its assets
“Radiology departments were considered a significant revenue stream; now they’re a cost center.” without a greater exploration of benchmarking data that can help identify broader trends among competing healthcare providers; without more longitudinal thinking from vendors on interoperability issues, the industry will continue to stagnate.
- Medical Equipment Service and Cost Saving Strategies
- A short course on how Intermountain remains profitable while improving quality and results
"Most hospital systems have a mission statement that says we exist to deliver care to patients," says James, Intermountain's chief quality officer. "Yet, if you apply the old litmus test, 'You manage what you measure,' you'll find that the role of administration in most healthcare organizations is to manage a facility within which independent physicians deliver care. Leaders vigorously track budgets and variance reports. But those reports are typically organized around departments within a hospital—versus the care that is delivered by that hospital."
- Global demand for refurbished diagnostic imaging equipment is dramaticly increasing
- JAMA: Surgeries more profitable when complications arise
- Hospital consolidation generally results in higher prices.
The Patient Protection and Affordable Care Act (ACA) promotes Accountable Care Organizations (ACOs) and the bundling of payments across providers for an episode of care (“bundled payments”), both of which encourage consolidation between hospitals and physician practices.
