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Med Inc.: How Consolidation Is Shaping Tomorrow's Healthcare System by Stephen Lutz

Med Inc.: How Consolidation Is Shaping Tomorrow's Healthcare System

by Stephen Lutz
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Book cover type: Hardcover
  • ISBN13: 9780787940409
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: Jossey-Bass
  • Publisher Imprint: Jossey-Bass
  • Publication Date:
  • Pages: 212
  • Original Price: GBP 46.95
  • Language: English
  • Edition: N/A
  • Item Weight: 418 grams
  • BISAC Subject(s): Health Care Delivery, Administration, and General

Behind the media headlines that chronicle the successes--as well asthe charges of fraud, abuse, and ethical misconduct--of today'scorporate medical giants lies the story of the Wall Street playerswho are determining the structure of our future health systems.Independent hospitals and clinics, small medical technologycompanies, solo practitioners, and consumers alike acknowledge thatthe big business
principles driving the frenzy of mergers and acquisitions arebringing the long-awaited rewards of accountability andpredictability to the fragmented healthcare industry. But at whatcost?

Sandy Lutz, a renowned medical business reporter and investmentanalyst, and Big Six accounting firm partners Woodrin Grossman andJohn Bigalke provide their insiders' insights into the financialworkings of Wall Street's mighty medical corporations--a class theauthors refer to as Med Incorporated. With an in-depth study of themost notable leader, Columbia/HCA Healthcare Corp., plusillustrative examples of other medical giants, Lutz and hercoauthors demonstrate how these Med Inc. companies excel inmanaging capital, information, risk, and government regulation--thefour key success factors to achieving operational efficiency andmarket dominance. They show how the missions and operations ofinvestor-owned companies compare with their noninvestor-ownedcounterparts and examine how current technological and marketdevelopments will shape the future of health systems.

SANDY LUTZ a medical business writer, author, speaker, and media commentator, is a healthcare analyst at Rauscher Pierce Refsnes, a Dallas-based investment bank. She has chronicled the business of health care for such respected national media as Modern Healthcare and WestCott Communications, the nation's largest healthcare satellite network, and in her first book, The For-Profit Healthcare Revolution (1995). JOHN BIGALKE, partners at Price Waterhouse, a Big Six accounting firm, have served as trusted financial advisors to some of the country's largest medical companies on issues ranging from going public to fraud problems to strategy development.

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