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Related Experiment Videos

Optimizing growth opportunities during the managed care revolution.

Bill DeMarco1

  • 1DeMarco & Associates, Rockford, Illinois, USA. wjd0086@execpc.com

Healthcare Financial Management : Journal of the Healthcare Financial Management Association
|May 17, 2002
PubMed
Summary

Managed care is expanding, requiring healthcare providers to adapt. Financial managers should create comprehensive strategies focusing on customer service and system development, not just contract negotiation, to succeed.

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Area of Science:

  • Healthcare Management
  • Health Economics

Background:

  • Managed care is a growing and pervasive force in healthcare delivery.
  • Healthcare organizations face increasing pressure to adapt to evolving managed care landscapes.

Purpose of the Study:

  • To advise hospital and physician provider organizations on navigating the complexities of managed care.
  • To guide healthcare financial managers in optimizing financial performance under managed care contracts.

Main Methods:

  • Analysis of employer needs driving changes in managed care.
  • Strategic recommendations for provider organizations.

Main Results:

  • Understanding employer needs reveals opportunities for provider growth within managed care.

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  • A holistic strategy encompassing customer service and system development is crucial for financial success.

    • Conclusions:

    • Healthcare providers must develop proactive managed care strategies beyond contract negotiation.
    • Adaptation to employer demands is key for sustained financial performance in managed care environments.