N.C. health providers team up to cut costs

Wake Forest Baptist Medical Center, WakeMed Health & Hospitals and Vidant Health have formed a shared-services operating company


Wake Forest Baptist Medical Center, based in Winston-Salem; WakeMed Health & Hospitals, based in Raleigh; and Vidant Health, based in Greenville, are forming a new shared-services operating company that allows each entity to remain independent, according to an article on the Journal Now website.

The company will share supply-chain management, select information-technology infrastructure and clinical protocols. The three health systems are not direct competitors; each serves a different section of the state. 

“These three organizations have joined resources to more quickly innovate care models and support infrastructure that reduce cost and best meet the needs of the diverse patient, consumer and workforce populations that we serve throughout the state,” Dr. John McConnell, Wake Forest Baptist’s chief executive, said in the article.

While the three systems don’t compete with each other, they have competition from other systems, which should also help serve to keep costs down, the article said.

Read the article.

 

 



October 2, 2014


Topic Area: Maintenance and Operations


Recent Posts

Rethinking Strategies for Construction Success

Encouraging project team stakeholders to communicate, collaborate, care and align around a common goal.


From Touchless to Total Performance: Healthcare Restroom Design Redefined

Facility managers are raising the bar on hygiene, durability and system performance by turning restrooms into frontline assets for infection prevention and patient confidence.


New York State Approves $53M Construction Program at Niagara Falls Memorial Medical Center

DOH greenlights first $6.5M phase, launching campus-wide upgrades to clinical spaces, infrastructure and patient care services through 2027.


How Health Systems Are Rethinking Facilities Amid Margin Pressure

As insurance uncertainty and consolidation reshape healthcare, facilities managers are turning to efficiency, adaptability and portfolio optimization to control costs.


Ground Broken on New Medical Office Building in Scottsdale, AZ

Hammes is developing a new 34,000-square-foot medical office building in Scottsdale, Arizona, in partnership with Phoenix-based NOVO Development.


 
 


FREE Newsletter Signup Form

News & Updates | Webcast Alerts
Building Technologies | & More!

 
 
 


All fields are required. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

 
 
 
 

Healthcare Facilities Today membership includes free email newsletters from our facility-industry brands.

Facebook   Twitter   LinkedIn   Posts

Copyright © 2023 TradePress. All rights reserved.