Category: “Multiple Hospital Systems”
- Meet Lloyd Dean – the CEO of Dignity Health, the 5th largest hospital system in the US
Dignity Health is the brand new name for Catholic Healthcare West and operates hospitals in 17 states. Dignity Health is the fifth largest hospital system in the US and the largest not-for-profit provider in California. Dignity Health was founded in 1986 by the Sisters of Mercy.
- Prime Healthcare continues to struggle against violations and decertifications
- Major IDN sees major volume drop and significantly less revenue
In what could be a bellwether for healthcare under ACA, Community Health Systems has seen a major downturn in admissions and revenue. CHS, a Fortune 500 company, is the largest non-urban hospital owner. CHS operates 206 hospitals in 29 states.
- Customers control pricing now? 135 Hospitals shift major spending on implantables to Abbott and Medtronic
Hospitals and insurers are partnering to reduce prices from manufacturers. This could be a sea change in the current supply change model where customers will dictate price and not suppliers. United Healthcare formed SharedClarity in 2012 with Dignity Health. SharedClarity has expanded to include such prominent IDNs as Advocate Health Care in Illinois and Baylor Scott & White Health in Texas.
- Tenet loves ACA and expects an additional $100 million earnings bonanza
Tenet continues to expand its imaging centers and is now expanding by buying and building urgent-care centers, free-standing emergency rooms and physician clinics. It also will add surgery centers in current locations and those where it doesn't yet have a presence.
- 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."
- Dell Computer thrusts into Healthcare with Cleveland Clinic no less
- Hospitals plan for lasting declines in admissions
“The majority of hospitals and health systems are seeing a flattening of their inpatient volumes,” said Jeff Jones, a managing director for Huron Consulting Group. “Some are beginning to see a sustained decline." With so many major Healthcare IDN's experiencing dramatic revenue decreases costs, both operational and capital expenditures are being cut. If you aren't providing cost savings solutions to your healthcare customers you won't be in business much longer.
