Price transparency is not a new concept for the healthcare provider market. There has been a year-over-year increase in consumer out-of-pocket cost and recent legislation requiring online access to provider charge master pricing.
One of the many tools families use in assessing children’s hospitals is the U.S. News & World Report hospital rankings. Industry leaders may write off the survey, citing intrinsic flaws such as data lag and an overreliance on brand image, but its use in patient education is widespread and impactful.
While there are many perspectives and publications on the “Hospital of the Future,” few, if any, provide a system perspective. Too often, when imagining the "Health System of the Future", a hospital-centric model emerges. The challenge in this hospital-centric view is that it ignores most of the factors that are already driving services, activity, and revenue to new and different care environments, and will do so increasingly over the next decade.
As we look forward to 2019, the hospital/health system M&A market is increasingly becoming a bifurcated landscape of clear “haves” and “have-nots”.
In November, healthcare information technology companies hit end-of-year numbers rivaling those of the long-term care, physician practice, and health and hospital system sectors.
As the year comes to an end, ECG interviewed CEOs and other C-suite leaders at more than 100 healthcare provider organizations to explore the greatest “stay awake” issues facing hospitals and physicians.
Despite the uncertainty and ambiguity that define the current healthcare landscape, many nontraditional players have been tempted by the substantial opportunities available in the healthcare market. Take a look at six of the most important entrants into the healthcare market in 2018.
Overall, nine hospital–health system deals were announced in October. Notably, a deal between Dallas-based Baylor Scott & White Health and Houston-based Memorial Hermann Health System was announced on October 1, and two deals were announced by Cleveland Clinic.
Given the long-lasting implications, starting the journey to become a teaching hospital requires a well-thought-out plan to ensure a viable and successful GME enterprise. This checklist can serve as a roadmap for executives as they begin this process.
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