Economy

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Fundraising

Health service budgets often cannot be stretched to buy a vital piece of equipment or new state-of-the-art department. However, by stimulating social consciousness money from the public can flood in - even enough to build an entire new hospital.

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Building a New Hospital in Spain on Schedule and within Budget

Luis Barcia Albacar, Director General of Torrevieja Salud UTE Hospital in Torrevieja, Spain, shared his experience of building a new hospital within budget and opening on schedule in October 2006 with all services operational. Located on the east coast of Spain, the 220-bed hospital was built to accommodate a full-time population of 213,000, but also needed to be able to service the surge of…

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Apply Proven Ideas from Industry to Hospital Management, Recommends Siemens Healthcare Executive.

“P to the power of 3” was the formula that Siemens used to make the global corporation profitable and competitive again after a troublesome period in the 1990's. Britta Fünfstück, head of business development/strategy at Siemens Healthcare, told attendees at the Hospital Management Symposium that this formula represents a commitment to People working in a high performance culture, Process,…

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Financing State-of-the-Art Technology

Hospitals concerned about the accuracy of utilization predictions of new diagnostic imaging equipment will be interested in pay-per-use financing that is being offered by global vendors. Eric-Jan Rutten, General Manager of Professional Healthcare Solutions of Philips Healthcare International in Eindhoven, Netherlands, described the approach that Philips takes with both large and very small…

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Where Are Our Inpatients Now? — A $23,000,000 Opportunity for Cost-Savings

Martin Bledsoe described a dilemma at the Johns Hopkins Hospital. As Chief Administrator for the Russell H. Morgan Department of Radiology and Radiological Science, overseeing a staff of 1,000 FTEs, he does not know precisely where any of the 900 in-patients his department may need to image on any given day may be. He is not alone in his dilemma. With the exception of 0700 when patients are…

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Finland Near Completion of National Electronic Patient Record

A national electronic patient records (EPR) archive that is estimated to manage 550 pentabytes (PB) of data by 2025 is nearing completion in Finland. Its first component, an ePrescription system, is scheduled for implementation in June 2008. The patient record archive will be activated in February 2009, and DICOM diagnostic images will be added to it in the June 2009 time frame.

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Importance of strategic partnerships

The healthcare system is in a phase of transition - from planned economy to free market economy. Establishing and maintaining strategic partnerships is a crucial component of any ciable strategy in future business, explained Harald W Bachleitner, Managing Director of Initiative Gesundheitswirtschaft in Berlin, Germany, at the Hospital Management Symposium.

Primovist shows positive results

Bayer Schering Pharma presented the latest data from a health-economic evaluation of Primovist in the diagnosis of liver metastases. The results indicate that MRI using the liver-cell-specific contrast medium can lead to cost savings due to improved surgical treatment planning and less need for changes during operations.

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The 23rd annual EAU Congress

The Milano Convention Centre (MIC) is the largest of its kind in Italy. Certainly that space will prove valuable this March, when 9,500 urologists from 100 countries attend the 23rd EAU Congress, the second biggest of its kind in the world. Apart from attending the congress and related trade fair, they may also glimpse Milan's many attractions: the cathedral, La Scala, Sforza's Castle, or even…

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FUNDRAISING

When the Oxford Radclife Hospitals NHS Trust invested £109 million in its new Oxford Children's Hospital, funding for certain special embellishments could not be contemplated. Thus a £15 million Campaign was launched to enable the hospital to be built and equipped far beyond the NHS standard. £13.8 million of that target has so far been received. Who raised that astonishing sum? Its…

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