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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The pressure is building from virtually all stakeholders of the $2.3 trillion healthcare industry for major reform in 2009, regardless of who may be the new occupant of the Oval Office. Even the Chairman of the Federal Reserve Board (arguably the most powerful person in the world at least when...
As a clinician leader for some time, it is overtly obvious that comprehensive genetic testing will be fraught with misinterpretation and will lead to consumer confusion and potentially wrong life behavior. Genetic testing has been available for 2-3 decades on a very limited basis and for specific fetal...
Although administrative and nursing/allied medical staff can and will respond to the Quality challenges, physicians (forgive my stereotyping) must be approached more comprehensively to elicit medical behavioral change based on evidenced based medicine or process improvement. They will slow the...
The Premier (Hospital Purchasing Alliance) and Center for Medicare and Medicaid Services (CMS in the U.S. Dept. of HHS) have undertaken the nation's highest profile pay for performance program for about five years now. Those 250 plus hospitals participating are finding that the longer they do...
The federal government, through its HHS Office of the National Coordinator for Health Information Technology (ONC), has finally published its much anticipated (and delayed) strategic plan for spreading health IT throughout the country. The feds are still trying to reach the increasingly more elusive...
The Center for Medicare and Medicaid Services (CMS), the financier for the Medicare and Medicaid Programs, has decided in final regulations to permit access of its vast and rapidly growing Part D data stores to the Food and Drug Administration , other government agencies and academic researchers to...
Although sharing the same address, the hospital from 7 a.m. to 7 p.m. Monday through Friday is a very different hospital during the other 108 hours of the week. The weekday hospital has a full administrative team, department chairs and service chiefs, experienced nurse managers, and a full complement...
1. Goverment, insurers and other payors will undermine investment in new indications if it saves money. 2. Their next direction will be to fund biogeneric and other innovator altneratives. 3. Companies developing high value line extensions must consider formulation management and other strategies...
Payers seek to lessen their exposure to rising costs. Pharma needs to create a Value Statement in their TPP. Standard of care will dictate utilization and market share.
The Standard and Poor's Credit Rating Agency has just made a compelling case why nonprofit hospitals need to spend more on advanced technology (both to improve patient care directly through better diagnosis and treatment and through information technology to enhance safety). The credit rating...