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Current Status of Hospitals and the Economy [Op-Ed]
[By Steve Brawner]
What: An exclusive telephonic and email interview.
Who: Dr. David Edward Marcinko; FACFAS, MBA [Editor, administrator and health economist]
Topic: The recession and economy, hospital operations, and the Obama administration.
Where: The telephone and internet virtual ME-P ether.
Why: To forecast informed opinions and pontifications on the healthcare industrial complex.
Among the dilemmas in healthcare, we seek answers to queries like:
• When will the recession end, and how will it affect hospitals and physicians?
• What operations and organizational policies can hospitals pursue to survive?
• How will the Obama stimulus affect hospitals and healthcare organizations?
Now, in as much as this controversy affects patients, administrators, politicians, Wall Street, nurse-executives and physicians alike, we went right to the source for up-to-date information regarding this current topic.
Assessment
Get ready for this controversial [unedited] interview and Q-A session, with Dr. David Edward Marcinko; Publisher-in-Chief, of this ME-P.
Arkansas Medical News Interviews Dr. Marcinko
Read it Here: interview-dr-marcinko1
Sponsored Link: www.MedicalBusinessAdvisors.com
Conclusion
Your thoughts and comments on this ME-P are appreciated. Feel free to review our top-left column, and top-right sidebar materials, links, URLs and related websites, too. Then, subscribe to the ME-P. It is fast, free and secure.
Speaker: If you need a moderator or speaker for an upcoming event, Dr. David E. Marcinko; MBA – Publisher-in-Chief of the Medical Executive-Post – is available for seminar or speaking engagements. Contact: MarcinkoAdvisors@msn.com
OUR OTHER PRINT BOOKS AND RELATED INFORMATION SOURCES:
- PRACTICES: www.BusinessofMedicalPractice.com
- HOSPITALS: http://www.crcpress.com/product/isbn/9781466558731
- CLINICS: http://www.crcpress.com/product/isbn/9781439879900
- ADVISORS: www.CertifiedMedicalPlanner.org
- FINANCE: Financial Planning for Physicians and Advisors
- INSURANCE: Risk Management and Insurance Strategies for Physicians and Advisors
- Dictionary of Health Economics and Finance
- Dictionary of Health Information Technology and Security
- Dictionary of Health Insurance and Managed Care
[HOSPITAL OPERATIONS, ORGANIZATIONAL BEHAVIOR AND FINANCIAL MANAGEMENT COMPANION TEXTBOOK SET]
***
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Filed under: "Advisors Only", "Ask-an-Advisor", "Doctors Only", Breaking News, Interviews, Point-Counter Point, Sponsors | Tagged: david marcinko, DO, doctors, DPM, economy, healthcare industrial complex, Healthcare Organizations, healthcare stakeholders, hospitals, MD, Medical News of Arkansas, obama, patients, recession, steve brawner, Wall Street |
The Leading Business Education Network for Doctors, Financial Advisors and Health Industry Consultants 
David,
It’s this type of out-of-the-box thinking that policy wonks, financial advisors, medical professionals, economists and politicians need to take more seriously if they hope to successfully reform the healthcare industrial complex.
Keep up the good work.
Dr. Stanford
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Dr Stanford, and all Intelligent ME-P Readers
We received more than a dozen emails requesting the unedited version of Dr. Marcinko’s interview with the Arkansas Medical News. It seems that some of our very astute readers realize that the “right-of-final-review” is almost never granted when a reporter is on deadline. So, feel free to read the edited version yourself; and then compare and contrast it with the uneditied version.
Best Practices, Stimulus Can Help Hospitals in Recession
STEVE BRAWNER / Published Tuesday, March 31, 2009 11:03 am
It’s a tough time for Arkansas hospitals, but according to one expert in medical finances, they can improve their financial performance by incorporating sound business practices. The federal stimulus package can help.
Link: http://www.arkansasmedicalnews.com/news.php?viewStory=738
Best.
Ann Miller; RN, MHA
[Executive Director]
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Ann and Dr. Sanford,
Dr. Marcinko is correct about the poor future outlook for hospitals; at least for now.
For example, employment at US hospitals fell 0.7 percent in March 2009 to a seasonally adjusted 4,709,900 people, the Bureau of Labor Statistics reported. The number of people employed was 700 fewer people than in February and 110,800 more than a year ago.
Without the seasonal adjustment, which removes the effect of fluctuations due to seasonal events, hospitals employed 4,697,500 people in March, 2,000 fewer than in February and 110,000 more than a year ago.
http://www.healthcarefinancenews.com/news/hospital-employment-down-march
Things might improve if these entities become more demand driven [patient focused], rather than suply driven [profit motived].
Barry
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Dr. Marcinko,
According to this report in HealthcareFinanceNews, hospitals that provide more intensive and costly care do not provide better-quality care, so says the study published in Health Affairs.
http://www.healthcarefinancenews.com/news/study-costly-treatment-%E2%80%A8does-not-bring-higher-quality-care-hospitals
Now, tell us all something we didn’t know, already?
Katherine
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Dr. Marcinko,
The CEO of a Cambridge, Mass. based hospital recently wrote a great blog post about how his own health issues have impacted his views of healthcare reform.
http://commonhealth.wbur.org/guest-contributors/2009/10/hospital-ceos-battle-with-diabetes-offers-insight-into-reform/
Yet, another Homer Simpson moment [Duh!]
Wendy James
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