The Specialty Hospital

Understanding Hospital Types

By Calvin W. Wiese; MBA, CPA

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According to Healthcare Organizations [Financial Management Strategies], a specialty hospital is a type of healthcare organization with limited focus to provide treatment for only certain illnesses, such as cardiac care, orthopedic or plastic surgery, elder care, radiology/oncology services, neurological care, or pain management cases www.HealthcareFinancials.com

Physician-Investor Owned

These organizations are often owned by physicians who refer patients to them. In recent years, single-specialty hospitals have emerged in various locations in the United States. Instead of offering a full-range of inpatient services, these hospitals focus on providing services relating to a single medical specialty or cluster of specialties.

Assessment 

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Conclusion

What do you think? Let us know with a post, opinion or comment on this topic; either as a doctor, patient, payer, employer, economic or financial advisor, politician or healthcare social engineer.

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2 Responses

  1. On Surgical and Specialty Hospitals

    Transparency and full disclosure to the public regarding provider fees, quality, and other information related to safety and medical errors, will significantly impact the future of the healthcare delivery market.

    In this market milieu for example, surgical and specialty hospitals, which have a reputation for quality, convenience, lower error rates, and quick turnaround responsiveness to patient needs, pose an even more formidable competitive challenge to more established general acute care hospital provider systems in the healthcare marketplace.

    Dr. David Edward Marcinko MBA
    http://www.BusinessofMedicalPractice.com
    [Editor-in-Chief]

    Like

  2. Hurting Quality Care and Innovation?

    Physician-Owned hospitals (POHs) can provide consumer choice, innovation, high-quality care, and patient satisfaction.

    Yet, restrictions in the reform law could virtually halt future expansion.

    http://www.fiercehealthcare.com/story/limiting-physician-owned-hospitals-could-stall-competition-quality-care/2011-08-26?utm_medium=nl&utm_source=internal

    Dr. David Edward Marcinko MBA
    http://www.HealthcareFinancials.com

    Like

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