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Abstract:
In today's cost-conscious environment, outside management services are increasingly becoming integrated components of a hospital's overall structure and diversification strategy. Diabetes patients represent a significant percentage of hospital admission rates and market share; correspondingly, hospitals are initiating diabetes product lines to attain a leadership position in diabetes treatment. A management firm specializing in diabetes may offer significant advantages over in-house program development. A careful analysis of the company and its product will help identify a quality service that can meet both the needs of the hospital and the community it serves. Diabetes educators can play an important role in determining the need and feasibility of a managed service and in the evaluation of competing diabetes management firms.