The Expertise Imperative and Compliance Technology
Access to a diverse array of specialized expert inputs drives superior decisions in every organizational context: within corporations, by investors and consultancies, and within nonprofits. When decision makers are confident of their decision inputs, they can respond more quickly and creatively to challenges and opportunities.Learn more about GLG's Compliance Framework
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- It is always good business to use the bargaining power of a huge group of constituents to get discounted prices for goods and services- Middlemen need to be prompted to continue to add value after initially courting the companies/employers/healthplans they represent- Payers must...
1. The process of getting drugs to market could be speeded up2. Because of labor and other cost efficiencies resulting from outsourcing, savings could be passed on to the consumer.3. The manufacturer with the most efficient operation could capture significant market share.4. It's important to consider local...
Triad has been known in the hospital industry for its rapid growth and healthy margins. Recently several joint ventures have been nixed and third quarter earnings (Q3 2006) has been less than expected. Combined, these events will adversely affect Triad stock and may portend more problems in the...
There are many approaches to reducing medication errors. JCAHO's Medication Reconciliation Patient Safety Goal is among the latest formal initiatives to reduce medication errorsPoor communication is responsible for up 50% of all medication errors and almost 1 in 4 of adverse drug events (ADEs) in hospitals. ...
Between the long waiting period to get in to see the typical physician and the log-jam in EDs, patients have been looking and hoping for medical care delivered in a reasonable time.Retail medical clinics are the current (inevitable) solution to that quest. The implications are- Fast, affordable, convenient...
In today's mobile society, almost everyone agrees with the need for an electronic health record in order to ensure• Access across several geographical areas• Several caregivers can "use" the same chart at the same time• A complete, legible...
The recent legislation passed by Congress will affect most physicians who bill Medicare. Physicians participating in the Physician Voluntary Reporting Program (PVRP) will get a 1.5% incentive for reporting quality measures to CMS. Incentives will start in July 2007.1. P4P is here in part and will only...
Point of care testing (POCT) has many advantages on the surface or when viewed theoretically. Shortened turnaround time (TAT) means a patient can be treated more expeditiously. This improves patient care as well as customer satisfaction.As the technology advances and manufacturers push more aggressively,...
Medication errors are a huge source of harm including disability and death for patients. For hospitals and other providers they are a significant liability and risk factor that must be addressed more urgently.In order to put a dent in this problem there must be commitment from caregivers, physicians...
1. Obvious need for a closer look at the use of epogen and procrit long-term safety, as well as guidelines for threshold use
2. Lowered medicare reimbursement as CMS tries to reign in Medicare spending
3. Decreased revenues for Amgen and Johnson & Johnson