Healthcare Industry Segmentation
March 14, 2010- Healthcare Payers
- National Health Insurance Plans
- Federal Government (CMS – Medicare)
- State Government (DHHS – Medicaid)
- Healthcare Providers
- Hospitals
- Long-Term Care Facilities
- Physician Medical Practices
- Specialty Care Providers (Outpatient, Oncology, etc)
- Affiliated Organizations
- Clearinghouses, Third Party Administrators, etc.
Key Business Drivers
- The revenue source of a hospital is driven by patient flow
- Physician referral is the key to patient flow
- Non-teaching hospitals generally do not have staff physicians
- Insurance payments are determined based on diagnosis, not length of stay
- Shortage of qualified resources
- Estimated 125,000 open nursing positions in the US, projected to grow to 500,000 by year 2020
- Pharmacists are being hired faster than they are graduating
- Significant need to focus on user productivity and satisfaction