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A general guide to the financial integration of healthcare organizations

James V. Salvo Jr. (Department of Health Administration and Policy, Medical University of South Carolina)
Michael Lutes (Operations Analyst, Frye Medical Center, Hickory, North Carolina)
Walter J. Jones (Department of Health Administration and Policy, Medical University of South Carolina)

Journal of Public Budgeting, Accounting & Financial Management

ISSN: 1096-3367

Article publication date: 1 March 1998

63

Abstract

Hospitals, physician groups, and other healthcare organizations (HCOs) are joining together in a multitude of new ways in ever increasing numbers. This process or strategy is often called “integrating” and results in some form of integrated delivery system (IDS) or accountable health plan (AHP) if an insurance function is part of the system. Recent literature suggests that many HCOs are not meeting their integration objectives, with resulting financial and structural difficulties. One of the major causes is the failure to follow a developed plan for integration planning and implementation. Organizations in other industries often rely on written guides to help them efficiently accomplish complex projects. HCOs that use a guide such as the one suggested here should improve the chances of a successful and financially viable integration.

Citation

Salvo, J.V., Lutes, M. and Jones, W.J. (1998), "A general guide to the financial integration of healthcare organizations", Journal of Public Budgeting, Accounting & Financial Management, Vol. 10 No. 4, pp. 597-629. https://doi.org/10.1108/JPBAFM-10-04-1998-B008

Publisher

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Emerald Publishing Limited

Copyright © 1998 by PrAcademics Press

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