Hospital Consolidation

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Monthly Archives: September 2013

In the spotlight: Martin Gaynor

Posted on September 28, 2013

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By Joe Carlson and Melanie Evans

 With the Federal Trade Commission showing renewed interest in policing mergers among healthcare providers, Chairwoman Edith Ramirez appointed noted healthcare economist Martin Gaynor to lead the commission’s Economics Bureau.

Gaynor will join the FTC from Carnegie Mellon University, where he holds a chair in health systems management at Heinz College. Gaynor will head a division of the FTC that produces economic analyses to support antitrust and consumer-protection investigations.

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Obamacare side effect: More hospitals expected to merge under Affordable Care Act

Posted on September 27, 2013

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Editor’ s Note:  In a very concise article Ms. Livio has  framed  the  major issues surrounding hospital consolidation. The bottom line is that often prices  do increase when hospitals merge but  for a number of reasons that benefit the patient and/or  are  beyond the control of the hospital. 

We welcome the Robert Wood  Johnson Foundation University Hospital  to the growing family of hospital consolidations . We also note the report the Foundation  financed, so referenced herein , which clearly states that prices often increase as a result of hospital consolidation. We believe the said report needs to be  expanded  to address the reasons  for the justifiable  price increases as outlined in the following article  by Ms. Livio of the New Jersey Star Ledger and in the CRE White Paper on Hospital Consolidation.

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Hospitals consolidate their purchases of medical supplies and services to drive savings and supply chain efficiency.

Posted on September 26, 2013

Irving, TX (PRWEB) September 23, 2013

Two VHA SupplyNetworks affiliated with VHA Inc., the national health care network, recently consolidated to form the Mid-Atlantic Purchasing Coalition (MAPC), which represents 26 health care organizations in New Jersey, Pennsylvania and West Virginia. Through this merger, participating hospitals can aggregate purchasing volumes and achieve greater cost savings. On the heels of this successful merger, nine New York hospitals participating in the Empire-Metro Sourcing Collaborative and two regional members also joined MAPC.

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CEO’s: Mergers Are Here To Stay– The FTC /DOJ May Have Other Plans

Posted on September 25, 2013

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Wave of hospital mergers will continue, CEOs say

 Bill Hethcock    Staff Writer- Dallas Business Journal

Keith Zimmerman, CEO of Medical City Children’s Hospital, says bigger health systems have advantages because they can consolidate administrative functions.

Bigger typically is better when it comes to health care systems, so the surge in hospital consolidation is here to stay.

That was the consensus of hospital executives on a recent Dallas Business Journal roundtable.

Two major Dallas-based health systems — one nonprofit and the other publicly traded — are involved in large-scale mergers. Dallas-based Baylor Health Care System is merging with Temple-based Scott & White Healthcare, and Dallas-based Tenet Healthcare is acquiring Nashville-based Vanguard Health Systems.

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Where Do Ancillary Services Such As Long Term Care, Surgery Centers and Urgent Care Centers Fit Into Hospital Consolidation?

Posted on September 24, 2013

Ambulatory Surgery Centers, Urgent Care Centers & Others: Where Do Ancillary Services Stand in the Race for Consolidation? Becker’s Hospital Review

Scott Becker, JD, CPA & Carrie Pallardy

While the hospital consolidation market continues to move at a rapid pace, the market for consolidation of ancillary services providers appears to be moving at a slower and more uneven pace. In the hospital market, there are large systems that are trying to develop a broader footprint to succeed in a value-based world and not have to go out-of-network. For example, earlier this year Tenet Healthcare Corp. acquired Vanguard Health Systems for a total of $4.3 billion, which gave Tenet the ability to expand into markets including San Antonio, Chicago and Detroit.

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Hospital Merger Saved Lives

Posted on September 23, 2013

Ottawa Citizen

Hospitals save time, lives

 One key aspect in managing the injured from the recent tragic bus crash was the existing designation of Ottawa hospitals to accept trauma patients. After the merger of the Ottawa General and Civic hospitals, severe trauma patient care for Ottawa are patients was determined to be exclusively at the Civic campus beside the Heart Institute.

As patients were triaged at this crash site, the most severely injured were transferred directly to the Civic campus. Less severe were transferred to other hospitals. In the past, patients would have been transferred to the closest hospital, stabilized and then transferred again. This transfer process saw the loss of critical time to save the patient.

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Mergers Occur Because: “less generous Medicare reimbursement rates and shorter hospital stays because Obamacare stresses preventative care”

Posted on September 20, 2013

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With Obamacare coming, 30-plus N.J., Pa., and N.Y. hospitals form ‘alliance’

Susan K. Livio/The Star-Ledger

Driven by the demands of the Affordable Care Act, about 30 hospitals in New Jersey, Pennsylvania and New York’s Hudson River Valley have banded together to form what its founders describe as the largest alliance of health systems in the country, The Star-Ledger has learned.

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CRE: On Occasion Hospitals Have No Alternative But To Increase Costs

Posted on September 19, 2013

 Hospitals are facing cuts in reimbursements from MaineCare and from the federal government’s “sequestration” cuts, as well as increases in expenses for free care, for those who cannot afford to pay for care.

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Ellen W. Todd

 Sanford New Writer

 
Thursday, September 19, 2013

SANFORD — In a little more than three months, Goodall Hospital in Sanford and Southern Maine Medical Center in Biddeford will officially merge, becoming Southern Maine Health Care.

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If Hospitals Had the Unilateral Power to Raise Prices They Would Not Have Layoffs

Posted on September 19, 2013

WKYC-TV

CLEVELAND — The Cleveland Clinic has told workers they will be laying off an unspecified number of employees as part of an overall, sweeping cost-reduction plan.

Clinic CEO Dr. Toby Cosgrove discussed the looming cuts and changes in a Wednesday morning all-employee meeting.

Clinic spokeswoman Eileen Sheil denied circulating rumors that employees were told there would be 3,000 jobs cut.

She said any layoffs will be part of a multi-year plan to cut $330 million from the Clinic’s budget

The Clinic is the region’s largest employer with roughly 42,000 workers.

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Join the Review

Posted on September 18, 2013

 The very prestigious The Health Care Blog posted this comment by CRE on its website:

 http://thehealthcareblog.com/blog/2013/09/17/understanding-the-hospital-consolidation-numbers-the-centrality-of-data-quality/#comments

 Comments submitted to the THCB  include:

  Responses for “Understanding the Hospital Consolidation Numbers: The Centrality of Data Quality”

xyz’er says:

The DQA is an interesting approach – not sure much attention has gone into looking at this aspect of ACA …

Brad F says:

Bruce
Can you give a clearer example of why a study like the one above concerns you?

Based on the lit, hospitals consolidating and winning gains against providers goes beyond theory and is far from an anathema to those who follow the marketplace.

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