The Huntzinger Blog


Seeking Solutions: The Opioid Crisis

The CHIME Opioid Task Force is Identifying and Promoting Best Practices

By William Spooner, FCHIME, LCHIME, CHCIO
Founding Advisor
Next Wave Health Advisors, a Huntzinger Company

While substance abuse has been a societal problem for generations, only in the last few decades has the problem become a crisis, largely precipitated through actions of the healthcare industry itself. A 1980 New England Journal of Medicine paper asserting that opiates are not inherently addictive led to aggressive industry efforts expanding their use in the treatment of pain. Patient pain scales were instituted, pain became viewed as the “fifth right,” and patient satisfaction surveys collected feedback on the provider’s treatment of pain.

Topics: Advisors' Advice

Advisors’ Advice: A More Formal — and Earlier — Role for IT in Healthcare Mergers, Acquisitions and Affiliations Processes

By Lynn H. Vogel, Ph.D.
Next Wave Health Advisors

Mergers and Acquisitions Seem Inevitable
Mergers and acquisitions have always been a part of the corporate landscape. Companies seeking greater market share, more control over their supply lines, adding products to their existing portfolios, and eliminating competition have often sought to accomplish these goals by acquiring or merging with other companies. In recent years, the healthcare industry has joined these types of efforts with health systems acquiring hospitals and other health systems, and hospitals and health systems acquiring physician practices. But healthcare has also added a unique component to these processes: affiliations that fall short of an actual formal merger or acquisition by entering into joint ventures, joint operating agreements, professional associations or agreements to facilitate interoperability through mutual cooperative associations. So, what has been typically known as “M&A” activities, becomes “MA&A” activities in healthcare. Unlike the corporate world in which formal changes in control typically follow from mergers and acquisition, affiliation agreements in healthcare can include mutual management or oversight responsibilities in addition to activities that result in changes in control. When lawyers, physicians and executives get together, there is almost no limit to their creativity in developing new organizational arrangements.

Topics: Advisors' Advice