A revolution in collaboration models is fundamentally changing the business of healthcare. In an effort to lower costs and expand access—and maybe to avoid antitrust laws—partnerships between seemingly unlikely and even unrelated organizations are becoming the norm. Is it also true in the public health world, where issues with costs and access can prevent care delivery to those who may need it most?
The provider compensation function is serving a critical role within integrated healthcare systems. The heightened relevancy and sophistication of the function is a manifestation of several related trends.
By now you’ve read about every possible innovation Amazon might bring to the table through its partnership with JPMorgan Chase and Berkshire Hathaway to create a health system for its employees. That leaves us with a lingering question—what do JPMorgan Chase and Berkshire Hathaway have to contribute to healthcare?
Why have medical schools become more dependent on funding from teaching hospitals? Because all other funding sources have flattened or declined, while maintaining competitive academic programs has only become more expensive.
The Amazon, Berkshire Hathaway, and JPMorgan Chase partnership to form a new company focused on healthcare services has left the industry piecing together what innovations the new group might introduce.
In this digital age, healthcare organizations have myriad social media tools available to amplify internal communication.
Healthcare organizations that are considering mergers or acquisitions need to address the topic of culture, as lack of attention to this issue has been a factor in the dissolution of many partnerships.
This week’s announcement by Amazon, JPMorgan Chase, and Berkshire Hathaway of their collective intent to form a new organization focused on delivering greater employee healthcare benefits at a lower total cost to the patient is a game changer. The move is indicative of the disruptive paradigm taking hold within the healthcare industry.
With academic medical centers engaging in higher levels of mergers and acquisitions, AMC leaders should consider these five factors criticale to success.
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