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Health Care Strategic Management
|August 8, 1985
Summary
Hospitals can partner with local businesses to create new revenue streams and foster collaboration. These partnerships benefit hospitals, reduce employer healthcare costs, and boost employee health awareness through programs like the one at Akron General Medical Center.
Area of Science:
- Healthcare Management
- Community Health
- Business Partnerships
Background:
- Hospitals can develop new revenue streams and cooperative ventures by engaging with local businesses.
- Collaborative efforts between hospitals and employers offer mutual benefits, including reduced healthcare costs for businesses and enhanced health awareness for employees.
Purpose of the Study:
- To describe a health awareness program developed at Akron General Medical Center.
- To illustrate a model for hospital-business collaboration in community health.
Main Methods:
- The article outlines the development and implementation of a health awareness program.
- Focuses on the partnership between Akron General Medical Center and local businesses.
Main Results:
- The program aims to increase employee health awareness.
- Facilitates a cooperative venture between the hospital and local employers.
- Establishes a potential new revenue source for the hospital.
Conclusions:
- Hospital-business collaborations can lead to reduced healthcare costs for employers.
- These partnerships enhance employee health awareness and engagement.
- Such programs represent a viable strategy for hospitals to generate revenue and build community ties.