Balancing complex choices; integrating strategic, financial plans will test tomorrow's health networks
Article Abstract:
Health-care organizations that merge, benefit from centralized treasuries, centralized financial planning and capital acquisition and allocation. The success of joint strategic and financial planning is dependent on how the system is organized. A system that allocates joint responsibility for planning and where hospital, physicians, and community leaders take part is the most appropriate model to base a merged system on. Combined strategic financial planning is especially difficult when two competing hospital networks are joined.
Publication Name: Hospitals & Health Networks
Subject: Health care industry
ISSN:
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
For-profit or not-for-profit
Article Abstract:
Health network planners should look at the Alaskan pipeline system as a model for providing a financing mechanism for their emerging network. The Alaskan system required companies used to competing against each other to form a separate company to bring the oil to market. Each one received profits from the venture based on how much money they put into it. Health care networks could take a similar path, but if their states allow not-for-profit systems they should select that method.
Publication Name: Hospitals & Health Networks
Subject: Health care industry
ISSN:
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
Portland, Oregon; the three 'C's shape metropolitan health care market
Article Abstract:
Health-care providers in the Portland, OR, area are integrating physician groups and hospital systems to compete in the market. Managed care plans have been developed by the Kaiser Foundation Health Plan of the Northwest and Sisters of Providence Health of Washington. Legacy Health System is closing one of its five Portland, OR, hospitals and is consolidating the staffs of its three downtown hospitals.
Publication Name: Hospitals & Health Networks
Subject: Health care industry
ISSN:
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Physician practice management companies. Maintaining the new practice networks. Medical staff leadership: a national panel survey
- Abstracts: Promoting wellness in individuals with coronary heart disease. Health promotion across the continuum: challenges for the future of cardiovascular nursing
- Abstracts: Managed care positives and negatives for health care marketing. Promotional Model: A New Direction for the National Programme on Immunization (NPI) and Oral Rehydration Therapy (ORT) in Nigeria
- Abstracts: Enhancing operational efficiency in a health care organization. Have health care professionals adopted the marketing concept?
- Abstracts: Modeling physicians' prescribing decisions for patients with panic disorder. Measuring physician attitudes of service quality