Trial tribulations

Article Abstract:

Physician practice management firms are currently competing with university hospitals for clinical trials that are proving to be a profitable health care field. The companies have an advantage over the academic medical centers because they have faster and more efficient operations. The businesses also possess stronger relationships with physicians compared to health maintenance organizations. In addition, physician practice management companies are appealing to pharmaceutical preparation manufacturers because they can lure significant numbers of people.

Comment:

Physician practice management firms are currently competing with university hospitals for clinical trials that are profitable

United States, Marketing procedures, Marketing/Advertising Methods, Geographic, Medical Services NEC, Other Ambulatory Health Care Services, Medical care, Article

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Generation hex: most management service companies are young, merging like mad - and losing money

Article Abstract:

Management service organizations (MSOs) that work for hospital and doctor groups face challenges in serving both parties adequately and turning a profit, according to a Medimetrix Group survey of 140 MSOs. Only 11% of respondents are breaking even. Part of the problem is consolidation, with 30% of the respondents having experienced an acquisition or merger and 30% anticipating a future deal. Almost all of the MSOs manage physician practices.

Services, Health care industry, Surveys, Hospitals, Group medical practice, Hospital administration, Medimetrix Group

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Trial tribulations

Article Abstract:

Practice management firms are competing for clinical trial research funds in an arena historically led by academic medical centers. They can work more efficiently than academic institutions and possess stronger ties to doctors which provides easier communication with clinical investigators. Adding breakthrough technology testing to the firms helps keep patients and adds assets to the bottom line.

Economic aspects, Clinical trials, Physician practice management firms

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