If strategically designed and managed, affiliations with independent research institutes have the potential to strengthen AMCs’ research enterprises.
Shrinking margins and financial pressures have led pediatric providers to revisit long-standing affiliation agreements and explore new modes of partnership. A similar dynamic has unfolded with regard to research enterprises, leading some children’s hospitals to pursue partnerships with nontraditional sources – such as pharmaceutical and biotech companies.
Children’s hospitals need to develop networks and strategic alliances with physicians, health systems, academic affiliates, and research partners in order to flourish within and beyond this era of transformational change.
This article introduces some of the institute's strategic design considerations and highlights the importance of partnerships and differentiation in institute design.
As payment models increasingly shift from volume to value, Academic Medical Centers face additional pressures relative to their non-academic health system peers due to their unique mission of delivering patient care, teaching the next generation of providers, and pursuing medical research.
As we head into 2014, hospitals and health systems are confronting a number of challenges to remain competitive in their respective markets. The emphasis on cutting costs and reducing reliance on hospital utilization will be felt across the entire healthcare industry, but there are unique obstacles – and solutions – facing each different type of organization.
Forward-thinking organizations are integrating patient-centered medical home (PCMH) concepts into the clinical training environment to foster evolving medical practices and contemporary curricula by teaching PCMH tools.
We would like to make you aware of a potential GME funding opportunity. Pursuant to Section 5506 of the Patient Protection and Affordable Care Act, the Centers for Medicare & Medicaid Services (CMS) recently announced additional resident slots available for redistribution from closed teaching hospitals.
The current environment demands more contemporary affiliation arrangements and the opportunity for greater integration lies with an investment strategy that is grounded in business planning principles and is in line with performance.
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