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Related Experiment Videos

Getting the most for your consulting dollars.

M M Kennedy1

  • 1Career Strategies, Inc., Wilmette, IL.

Physician Executive
|February 7, 1995
PubMed
Summary
This summary is machine-generated.

Major health care system changes consistently increase demand for consulting services. This analysis offers insights into successful healthcare consulting engagements during periods of significant industry transformation.

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Area of Science:

  • Health Services Management
  • Healthcare Consulting
  • Healthcare Reform

Background:

  • Historical healthcare financing and delivery system changes (e.g., Medicare/Medicaid, DRG-based pricing) have historically increased demand for consulting services.
  • The current healthcare landscape is undergoing a significant transformation driven by national reform efforts and localized adjustments.
  • The rise of managed care and integrated system initiatives further complicates survival, increasing the need for external expertise.

Purpose of the Study:

  • To provide guidance on establishing successful healthcare consulting arrangements.
  • To share practical insights from physician executives on effective and ineffective consulting engagements.
  • To address the challenges and opportunities for consultants in the evolving healthcare sector.

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Main Methods:

  • The content is based on advice from Marilyn Kennedy, an ACPE faculty member and consultant.
  • Case examples and experiences from three physician executives are presented.
  • The articles collectively offer a perspective on navigating healthcare consulting.

Main Results:

  • Consulting arrangements require careful management to ensure success.
  • Examples illustrate both beneficial and detrimental consulting experiences in healthcare.
  • Effective consulting can help organizations navigate complex changes and avoid potential disasters.

Conclusions:

  • Successful healthcare consulting is achievable with strategic planning and execution.
  • Learning from past consulting experiences, both positive and negative, is crucial for improvement.
  • Consultants play a vital role in supporting healthcare organizations through periods of transformation.