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Management contracts seen as largely resolving needs

R A Derzon, R B LeCompte, L S Lewin

    Hospitals
    |June 16, 1981
    PubMed
    Summary
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    Hospital contract management, from both not-for-profit and investor-owned sectors, is achieving successful outcomes. This finding is based on a survey of 78 hospitals and three detailed case studies.

    Area of Science:

    • Healthcare Management
    • Hospital Administration
    • Contractual Agreements

    Background:

    • Hospital operational efficiency is crucial.
    • Effective contract management impacts financial performance.
    • Diverse ownership models (non-profit, for-profit) exist in healthcare.

    Purpose of the Study:

    • To evaluate the success of hospital contract management.
    • To compare outcomes across different hospital ownership sectors.

    Main Methods:

    • Survey of 78 hospitals with contracts exceeding two years.
    • In-depth case study analysis of three selected hospitals.

    Main Results:

    • Contract management yields successful results across surveyed hospitals.

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  • Both not-for-profit and investor-owned sectors demonstrate positive outcomes.
  • Case studies corroborate the general survey findings.
  • Conclusions:

    • Hospital contract management is a successful strategy.
    • Ownership sector does not preclude successful contract management outcomes.
    • Further research into specific contract management best practices is warranted.