Consolidation of industries in the US is commonplace-look, for example, at banking, automobiles and the airline industry. Health care, as one of the largest sectors of the US economy, ought to be subject to the same forces that have lead to consolidation-yet is a late comer to this phenomenon. This presentation will discuss why health care has remained, until recently, fairly local. It will then discuss the forces that are propelling health care organizations to consolidate at a growing pace.
It will review the different models that have arisen under the consolidation umbrella and briefly discuss how they differ. It will discuss several case of ongoing consolidation-both failed and successful, and talk about the factors underlying success and failure. Finally, it will discuss the pros and cons-for the consumer-of health system consolidation.
Why should you attend: The trend of increasing consolidation of health care organizations has been greeted with both enthusiasm and fear. Enthusiasm is driven by the hope that such activities will increase quality and consistency in the fractured, disorganized US health care "non-system".Fear lies behind the recognition that consolidation has the potential for creating monopolies that can raise the price of what ius already an extremely expensive service.
Helping listeners to develop a better understanding of the reasons behind consolidation and the factors affecting its outcomes is the goal of this presentation.
Areas Covered in the Session:
Who Will Benefit:
- Trends in consolidation
- Forces driving consolidation
- Models for consolidation
- Examples of failed and successful consolidation
- Why consolidation can be bad or good for consumers
- CMO, CNO, CEO
- Medical Directors
- Benefits Managers
- City and County Executives
Upon completion of this activity, participants will be able to:
CME Credit Statement
- Explain why health care has remained local and the forces that are propelling health care organizations to consolidate at a growing pace.
This activity has been planned and implemented in accordance with the Essential Areas and Policies of the Accreditation Council for Continuing Medical Education (ACCME) through the joint sponsorship of CFMC and MentorHealth. CFMC is accredited by the ACCME to provide continuing medical education for physicians.
CFMC designates this educational activity for a maximum of 1 AMA PRA Category 1 Credit™. Physicians should only claim credit commensurate with the extent of their participation in the activity.
Other Healthcare Professionals Credit Statement
This educational activity has been planned and implemented following the administrative and educational design criteria required for certification of health care professions continuing education credits. Registrants attending this activity may submit their certificate along with a copy of the course content to their professional organizations or state licensing agencies for recognition for 1 hour.
It is the policy of CFMC and MentorHealth that the faculty discloses real or apparent conflicts of interest relating to the topics of the educational activity.
All members of the faculty and planning team have nothing to disclose nor do they have any vested interests or affiliations
Obtaining Certificate of Credit
Colorado Foundation for Medical Care (CFMC) hosts an online activity evaluation system, certificate and outcomes measurement process. Following the activity, you must link to CFMC's online site (link below) to complete the evaluation form in order to receive your certificate of credit. Once the evaluation form is complete and submitted, you will be automatically sent a copy of your certificate via email. Please note, participants must attend the entire activity to receive all types of credit. Continuing Education evaluation and request for certificates will be accepted up to 60 days post activity date. CFMC will keep a record of attendance on file for 6 years.