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Published on: February 16, 2011
5 strategies for improving performance of academic medical centers
Robert M Valletta1, Alicia Harkness
1PwC, Boston, USA. robert.m.valletta@us.pwc.com
Abstract:
Academic medical centers should consider five strategies for becoming more cost-efficient and profitable as reforms are implemented: Make faculty responsible for cost and quality. Explore opportunities to collaborate with community hospitals. Extend care and education beyond the walls of the organization, employing technology and innovative teaching practices. Maximize healthcare IT investment by sharing data-rich patient records with other medical centers and research institutes. Align research with business strategy.
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