Lessons from New Jersey: hospitals acquiring equipment under prospective pricing can learn from others experienced with the system

Article Abstract:

It is not clear what the relationship is between diagnosis related group financing and the purchase of new equipment. Some hospitals in New Jersey have received financing by DRGs for three years. The economics of DRGs influences their purchasing decisions. Physicians no longer have the sole authority to purchase hospital equipment. Currently additional financial information is used to make purchasing decisions.

Purchasing, Economic aspects, New Jersey, Medical equipment, Medicare, Diagnosis related groups

---

The pendulum swings

Article Abstract:

The new challenge for health care providers is to balance quality care with competition. Administrators need to analyze what constitutes quality care. Also hospitals need to define competition and how it applies to their mission.

---

Similar abstracts:

• Abstracts: Look Ma, no wires! How one New York hospital is moving to head managed care off at the pass. How a heartache began
• Abstracts: AHCPR chief cites achievements after three years. Dutch experts discuss access, bioethical issues. New national survey finds MDs, administrators, public at odds
• Abstracts: Hospital installs dial-an-X ray system. 25 years of hospital management research reviewed
• Abstracts: Respiratory allergy and specific immunoglobulin E and immunoglobulin G antibodies to reactive dyes used in the wool industry
• Abstracts: Child care centers in long term care facilities. Marketing the nursing home

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.