As for-profit hospitals released their first quarter earnings, many pointed to decreased hospital visits. I have seen estimates of decreased volume in the 3-4 percent range, and as high as 6 percent. This is certainly causing downward pressure on hospital revenue. However, what I find curious is the reason hospital and health system executives give …
Understanding ACOs and how they will affect the Healthcare Supply Chain
I have travelled the nation for over 13 years talking about Hospitals, IDNs and GPOs to suppliers regarding the trends and best practices for gaining market share with these organizations. A few years ago as the industry started to make eye contact with healthcare reform, I was flooded with inquiries about Accountable Care Organizations. I …
Understanding ACOs and how they will affect the Healthcare Supply ChainRead More
Jim Francis of Mayo Clinic Health System Briefs ANAE
During a recent ANAE Supply Chain Leader Learning Series call, Jim Francis, division chair of supply chain management and assistant treasurer at Mayo Clinic Health System, discussed strategic imperatives at Mayo Clinic Health System and the Upper Midwest Consolidated Services Center LLC, a VHA Supply Network. Jim has always been very gracious with his time, …
Jim Francis of Mayo Clinic Health System Briefs ANAERead More
Channel Choices…..keep coming.
The number of channels a supplier has to negotiate to gain business with an IDN is staggering. It is not uncommon for a Corporate Accounts Executive to sit across the table from a Supply Chain Leader negotiating for market share, and that Supply Chain Leader is accustomed to individual contracts for his IDN, yet is …
The Urgency for Urgent Care
Urgent Care Centers are on the rise. There are reportedly 9,000 in the United States today, and about 500 are opening per year. Obviously, this is in part to the upcoming influx of 40 million more insured patients into the healthcare system. Yet, these “Doc in the Box” facilities have long been the black sheep …
How much profit does a non-profit need to make?
Ever since reading Bitter Pill in Time Magazine, I have noticed the non-profit status of hospitals being questioned across the country, both in trade and mainstream media. This challenges so many of the core tenants I have long believed about healthcare. Whether it is in Chicago, where the city wants hospitals to pay property tax, …
Bitter Pill in Time Magazine
Have you read “Bitter Pill” in Time Magazine? If not I ask, beg, plead you do so. I wish I could re-print it here for you, but Time has it behind a firewall and will charge you $9 to get access! Don’t be cheap, it is worth every penny. In fact I’ll send you the …