Category: “Multiple Hospital Systems”
- HCA is doing well: $904 million in pretax income on $9.2 billion in revenue
- MemorialCare Health System of Los Angeles, CA shakes things up for population health
Helen Macfie, PharmD, Chief Transformation Officer, and Regina Berman, MA, BSN, Vice President of Population Health, have been hired to improve outcomes, reduce hospital readmissions, and coordinate care throughout the community.
- Moody’s Revises Sutter Health’s Outlook to Negative
The negative outlook reflects challenges Sutter Health is currently facing, including its poor performance in fiscal year 2013 and a capital plan of $5 billion over the next five years. Sutter Health posted a $22 million loss from operations in fiscal year 2013, compared with an operating profit of $549 million in 2012
- How Chris Van Gorder turned Scripps Health around
- 13 Largest For-Profit Hospital Operators | 2014
- Tenet Opens New Hospital in New Braunfels, Texas
Resolute Health Hospital is Tenet’s 79th hospital and its 19th in Texas. Last month, Tenet announced plans with Texas Tech University Health Sciences Center to build a new teaching hospital in El Paso, due to open in late 2016. And earlier this month, Tenet completed the acquisition of Texas Regional Medical Center, a 70-bed hospital in Sunnyvale, Texas.
- Transforming Health Care: Virginia Mason Medical Center’s Pursuit of the Perfect Patient Experience
Transforming Health Care:Virginia Mason Medical Center's Pursuit of the Perfect Patient Experience takes you on the journey of of Virginia Mason Medical Center's pursuit of the perfect patient experience through the application of lean principles, tools, and methodology.
- Management Lessons from Mayo Clinic: Inside One of the World’s Most Admired Service Organizations
Management Lessons from Mayo Clinic reveals for the first time how this complex service organization fosters a culture that exceeds customer expectations and earns deep loyalty from both customers and employees. Service business authority Leonard Berry and Mayo Clinic marketing administrator Kent Seltman explain how the Clinic implements and maintains its strategy, adheres to its management system, executes its care model, and embraces new knowledge.
- Tenet launches urgent care clinics
- Five health systems dominate the landscape of Colorado’s urban corridor
- Tenet and Humana sign new multi-year national agreement
Tenet currently has 12 ACOs, covering more than 330,000 lives in nine states. Humana covers one million members cared for by 33,000 primary care physicians in more than 900 accountable care relationships across 40 states.
- 91 Hospital and Health System Layoffs in 2014
- Walgreens will provide medical services for HCA
- Sales Opportunity = Banner Health to acquire Arizona’s academic health system
Banner will spend at least $500 million toward capital projects in the next five years, and it will pay $300 million to establish an academic endowment. UAHN’s long-term debt, totaling about $146 million, will also be paid off.
- GE inks 10-year deal with Sanford Health
Under the deal, GE will work with Sanford to deliver $44.6 million in operational savings over 10 years by optimizing clinical assets and increasing efficiencies, according to the vendor. Productivity will be increased by integrating multiple biomedical engineering and radiology departments, several fleets of clinical equipment, and workflow for all staff, GE said. Sanford Health includes 39 hospitals and 225 clinic locations.
- Sales Trigger: 150 Hospital Transactions and Partnerships listed
Often a change of ownership or management gives new suppliers and salespeople to get traction in an account. Often partnerships result in new funding. Check this list and see if any of these facilities fall in your sales territory.
- Transforming Health Care: The Financial Impact of Technology, Electronic Tools and Data Mining
Written by the CIO of Kaiser Permanente Phil Fasano, Transforming Health Care combines healthcare, technology, and finance in an innovative new way that explains the future of healthcare and its effects on patient care, exploring the emergence of electronic tools that will transform the medical industry. Valuable for insights into Kaiser Permanente as much as for Healthcare and IT.
- Hospital mergers continue. “Soon there won’t be any independent facilities”
Across the country, a historically fragmented hospital market is organizing around a select group of for-profit and not-for-profit systems. And that means competition has increased for fewer acquisition targets that still remain on the market.
- Cleveland Clinic’s CEO Toby Cosgrove writes a book – if you sell there you must read this
- S&P lowers faltering Daughters of Charity Health System in California six notches
- CHI seeks integration in all directions, including insurance
Very interesting insight into how Multi-Hospital systems think about markets, expansion and broad integration of their business, including delivering insurance. CEO Kevin Lofton, who runs the $11.3 billion, 74-hospital system of Catholic Health Initiatives, explains the strategic thinking behind CHI's recent acquisitions.
- 15 Largest Nonprofit Health Systems | 2014
- Cutting insurers out – more employers contract directly with Healthcare providers
- Video: CHI explains its expansion and business plan
Catholic Health Initiatives CEO Kevin Lofton explains the system's strategy for acquiring hospitals and health plans to build a critical mass in its markets and the resources and expertise to manage population health.
- $3.8 Billion with a B merger of healthcare systems in Detroit
The new Beaumont system will account for about 30% of the Detroit market, based on hospital inpatient and outpatient services, where it competes with Henry Ford, Detroit Medical Center and St. John Providence Health System. “On a geographical analysis, these three organizations are very compatible and help create a much more comprehensive geographic coverage for the region.”
- Prescription for Excellence: Leadership Lessons for Creating a World Class Customer Experience from UCLA Health System
UCLA Health System is revered worldwide for its top-tier patient/customer care. Great physicians, nurses, researchers, and staff are only part of the equation; UCLA’s overall success is a result of organization-wide collaboration that is driven by leaders with a shared vision of unyielding excellence. Michelli breaks down UCLA’s approach into five simple principles.
- KP Inside – 101 Letters to Us at Kaiser Permanente
These letters provide a unique and personal glimpse inside Kaiser Permanente, an organization that is both learning how to deliver the next generation of care, and teaching the world how to provide the very best patient-focused, electronically connected team care resulting in measurable and continuously improving medical outcomes. These are the exact letters that went to all members of the Kaiser Permanente care teams.
- Alexian, Adventist hospital systems pursuing partnership in IL
Alexian Brothers Health System and Adventist Midwest Health on Tuesday said they are pursuing an affiliation that would create the second-largest hospital system in the state of Illinois
- Prime Healthcare, with 25 hospitals in six states, has spent more than $700 million dollars in equipment and capital improvements
- Michigan – so much change, who owns who? A quick overview of the States hospitals