With the major league baseball playoffs underway, Vizient Research Institute executive director Tom Robertson draws parallels between the national pastime and the typical medical center or health system’s financial business model. In this latest essay, Tom shares findings from the Institute’s last major study, pointing to opportunities to enhance the bottom line while improving the lives of our most vulnerable patients.
With a shortage of roughly 140,000 physicians projected to impact health care in the U.S. by 2033, health system leaders are beginning to consider how much the advanced practice provider (APP) workforce, which includes nurse practitioners and physician assistants, could mitigate this shortage. One thing is for sure, the success of this strategy will rely on organizational structures, processes, and the deeply rooted, physician-centric culture evolving to fully embrace the APP workforce.
The COVID-19 pandemic has many lessons it can teach us about the health care supply chain. As an industry, we would be wise to ask ourselves "what," "why," and "when" and then use the answers to develop solutions that lead to sustainable improvements.
In settings where employees are entirely focused on providing care, ensuring that patients, visitors and employees alike are safe is of paramount importance. Unfortunately, incidents of violence can occur, and health care providers need to consider how to mitigate and manage these risks.
There are a multitude of benefits to transradial procedures including improved patient safety, a more comfortable patient recovery and a decrease in overall cost for hospitals over femoral access procedures.
It’s easy to assume robotics are the better choice when it comes to patient care, but hospitals must examine closely these assumptions to determine if the robotic procedures are cost-effective as well as beneficial to the patient.
In the year before the global pandemic, Vizient research was calling attention to the vulnerability of the traditional health system business model, highly dependent on enormous profitability on a very small subset of patients to offset unfavorable economics on the bulk of provider volume.
Data shows that people are avoiding their doctors’ offices for routine care because they are concerned about acquiring the virus there. This includes parents not bringing their children in for regular check-ups and vaccines and therefore, they are not receiving routine vaccines in a timely manner and increasing their risk for preventable diseases.
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