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Synthesis and Purification of Iodoaziridines Involving Quantitative Selection of the Optimal Stationary Phase for Chromatography
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The right strategy and perseverance can make an IDS profitable.

D C Coddington1, K D Moore

  • 1McManis Consulting, LLC, Denver, Colorado, USA. dcoddington@mcmanisconsulting.com

Healthcare Financial Management : Journal of the Healthcare Financial Management Association
|January 5, 2002
PubMed
Summary

Integrated delivery systems (IDSs) can be profitable. A study found that overcoming organizational complexity and adapting to policy changes enabled IDSs to achieve financial success.

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Area of Science:

  • Healthcare Management
  • Health Economics
  • Health Services Research

Background:

  • Integrated Delivery Systems (IDSs) often face financial challenges, contrary to their potential for profitability.
  • Commonly perceived as unprofitable, IDSs' financial performance is influenced by various systemic factors.

Purpose of the Study:

  • To investigate the financial performance of leading Integrated Delivery Systems (IDSs).
  • To identify key factors contributing to both the financial struggles and successes of IDSs.
  • To analyze strategies employed by IDSs to improve financial outcomes.

Main Methods:

  • A study examining 11 leading Integrated Delivery Systems (IDSs).
  • Analysis of financial performance data and contributing factors.
  • Case study approach to understand strategic initiatives and outcomes.

Main Results:

  • The study challenges the notion that IDSs are inherently unprofitable.
  • Organizational complexity, regulatory payment reductions (Balanced Budget Act of 1997), and strategic foresight were identified as critical financial drivers.
  • Several IDSs demonstrated significant financial turnarounds through targeted initiatives.

Conclusions:

  • IDSs can achieve profitability by addressing core operational and strategic challenges.
  • Effective financial management and adaptation to external policies are crucial for IDS success.
  • Strategic planning and implementation of loss-stemming initiatives lead to improved financial performance in IDSs.