- Assessing the survival of an MT
school.
With an eye on their budgets, laboratory administrators have become increasingly sensitive to the issue of balancing clinical services with educational activities, particularly in institutions that sponsor formal hospitalbased medical technology programs. Every year MT program directors must explain how their activities can be maintained in an environment of cost-contained ......
- Does hospital financial performance measure
up?
STRATEGIC PLANNING Comparisons are continuously being made between the financial performance, products and services, of the healthcare industry and those of non-healthcare industries. Several useful measures of financial performance--profitability, liquidity, financial risk, asset management and replacement, and debt capacity, are used by the authors to compare the financial performance of ......
- Valuation of the Healthcare Industry
Industry Overview The Healthcare Industry includes establishments that provide medical, surgical, and other health services. The industry includes individual practitioners, clinics, and hospitals, as well as medical and dental laboratories, home health services, and specialty outpatient facilities. The industry is distinct from the insurance industry, which often provides payment for ......
- On the efficiency of public, welfare and private hospitals in Germany over time: A sectoral data envelopment analysis study
HEADNOTE This paper examines the efficiency of the German hospital sector over time and the relative efficiency of public, welfare (both nonprofit) and private (for-profit) hospital sectors using data from the Federal Statistics Office of German hospitals. Efficiency scores were computed using data envelopment analysis. The absolute efficiency of the ......
- The growing imperative of effective pricing strategies
and tools for not-for-profit hospitals: the time is right for
not-for-profit hospitals to adopt a pricing strategy and leverage
analytical tools that...
U.S. hospitals may be spending more than $25 billion annually to provide free health care (Acts of Charity: Charity Care Strategies for Hospitals in a Changing Landscape, PricewaterhouseCoopers Health Research Institute, May 2005). The overwhelming majority of this care is delivered by not-for-profit hospitals, tax-exempt healthcare entities whose mission ......
- Medicare, government regulation, and competency
certification.
At first, Medicare was found money for healthcare providers in the U.S.; but the program's vulnerability soon became apparent, spawning a decades-long government effort to regulate providers who participated in the program. Much of the history of the clinical lab during the last 30 years can be described as a ......
- Testing the Limits of A cuthroat Industry
After the September 11 terrorist attacks, Quest Diagnostics answered urgent calls from New York City and Washington, D.C. The company received special permission from the U.S. government to pick up blood and other specimens from victims at the World Trade Center site. Quest couriers drove through the night carrying samples ......