HealthManagement, Volume 23 - Issue 3, 2023

(non)Profitability in Healthcare

The goal of healthcare is to promote and maintain the well-being of individuals and communities by preventing, diagnosing, treating, and managing diseases, injuries, and other health conditions. Healthcare aims to improve patient’s quality of life, enhance their life expectancy, and ensure they can have access to the services and interventions needed to stay healthy. Achieving these goals requires an org...

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Point-of-View - United Imaging Healthcare

Global Medical Health: Advancing Diagnostic Excellence

Global Medical Health, a top-tier diagnostic clinic in Bucharest, has recently acquired next-generation United Imaging Healthcare equipment to provide high-quality diagnostics to patients suffering from various diseases. Global Medical Health is a state-of-the-art facility that brings together leading Romanian and foreign specialists. Glo...

From For-Profit to For-Value: A Journey to a Sustainable Healthcare Model

Modern healthcare requires a profound shift: from profit-driven models to patient-centred, value-based care, where compassion, empowerment, and holistic well-being take centre stage. To achieve this transformation, understanding patients’ values is essential, ensuring tailored, empathetic care that empowers them in decision-making. Embracing change requires courage and shared responsibility, regardless o...

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Power of Healthcare Procurement: Relevance, Use, Impact for Affordability, Quality, Innovativeness

Procurement plays a crucial role in achieving affordability and profitability in the healthcare sector. With ever-rising healthcare expenditures, the focus on procuring products and services efficiently and effectively is essential. Collaboration between healthcare providers as buyers and with their suppliers is vital. By embracing a broader notion of responsible procurement, healthcare providers can promo...

Point-of-View - Straumann Group

DSO Profitability Fueled by Data-Driven Insights

Learn how analyzing the right KPIs (key performance indicators) with the right tools can help DSOs to make informed decisions to maximize profitability despite variability among individual practices within the network. While the process of acquiring new practices contributes to the profitability of DSOs, it also raises unique challenges. A significant percentage of DSOs today have limited visibility i...

Sustaining Innovative Change

Healthcare is not a highly reliable industry, which may result in unacceptable harm to patients, visitors, and staff that is costly and unsustainable. Although we have made great strides in the past 20 years, there is still much work to be done to create reliable systems in healthcare. This requires a transformational mindset and the development of innovative solutions that have not been tried before....

Multi-Cancer Early Diagnosis Availability for Patients in Low and Middle-Income Countries

The scale of destruction wreaked on human life and happiness by cancer hardly needs any illustration. Significant disparities exist between countries, caused primarily by differences in national wealth and income. OncoSeek provides good accuracy in detection and diagnosis and will be a game-changing and life-saving multi-cancer early detection test. 84% of the global population lives in low- and middl...

Point-of-View - Affidea

The Shift From Gatekeeper to the Consumer in Healthcare Services

The traditional healthcare landscape across Europe is undergoing a marked shift towards a patient-centred approach. Patients are no longer passive recipients, but active participants who make informed choices when selecting their healthcare providers based on service criteria, such as proven quality, accessibility, proximity and value. This evolution reflects a consumer-oriented mindset, where ‘consumers...

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Cost Savings Through Zero Preventable Deaths

Instituting patient safety practices will save lives and healthcare dollars. We are proud of our healthcare experts; it is the system that needs to be fixed, and we can do that! We can create a system where safe, high-quality healthcare is delivered to every patient every time. Healthcare must become a high-reliability organisation, and this starts at the top by creating a culture of safety throughout the...

Profitable Future Hospitals

Today’s hospitals are challenged by increasing demands and needs for hospital treatment by an ageing population and a general increase in the number of chronic patients. New players in the healthcare arena who today offer digital health services (e.g. Amazon, Google and Apple) threaten to further disrupt the current hospital landscape with new organisations and services. Hospitals can react to these chal...

Point-of-View - FP Markets

The Distinction Between Trading and Investing

An overview of the basics of the financial market, differences in trading and investing and risk management strategies. The financial market can seem confusing and is often an unnerving space for the untrained eye. Two terms that are often used interchangeably are trading and investing, despite possessing different meanings. Investing involves holding (and maintaining) a portfolio of shares, bonds, co...

Healthier at Home: The New Era of Healthcare

The global healthcare market is entering a new era of radical growth in preventative, personalised treatments that maximises positive health outcomes and system resilience. At the heart of this opportunity is shifting the site of care – often to home and community settings. ‘Healthier at home’ solutions include stand-alone therapeutics, digital devices, or behavioural prompts. These solutions ha...

AI in Ultrasound: Can I Trust it?

Artificial intelligence (AI) has made significant advancements in various fields, including medical imaging, such as ultrasound (US). AI methods can be employed to enhance the analysis and interpretation of ultrasound images. The trustworthiness of AI in ultrasound depends on various factors and AI algorithms should undergo ongoing monitoring and improvement processes, and clinical expertise should always...

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Shaping the Future of Healthcare: The Essential Role of Patient

This article underlines the importance of the patient experience throughout the healthcare process and the requirement for health systems to give patient-centred care first priority. It introduces the Shared Patient Experience (SPX) organisation and invites experts to take part in their next colloquium to share knowledge The patient experience is a crucial aspect of healthcare journeys, directly influe...

How To Navigate Healthcare Background Checks and Compliance

Healthcare organisations need to navigate a complex web of federal and state regulations. This article explores the crucial role of background checks and compliance in the highly regulated healthcare industry. Both federal and state levels keep debarment lists against which healthcare operators need to screen staff continuously. Pre-screenings are beneficial as they thin out the number of people w...

Assessment Tool in High Growth Environment: BSC for Integrated Healthcare & Social Organisation

Fast growing integrated health care and social organisation present a challenge due to the increased complexity of its operations.To manage the services at scale while remaining a patient-centred organisation, new tools need to be incorporated to assist members in their decision making and care quality measurement. Defining a strategic map enables a link between the strategic plan and the Balanced Sco...

In the Age of CO-ERA: How Essential is the Human Role in the New AI World?

In a world where AI and robotics are reshaping the landscape of healthcare, the need for close collaboration and sharing among healthcare providers, medical device companies, tech startups, patients, payers, and regulatory bodies becomes paramount. By adopting a co-era healthcare approach, where collaboration and collective effort drive innovation, integrated and patient-centric medical solutions can be de...