Year of Award
Master of Business Administration (MBA)
College of Business & Professional Studies
Insurance, capital, administrators, DRG, health care, medicare
Today's hospital health care environment is a very complex one. Many changes, both internal and external, have occurred in recent years that have changed the shape and scope of our hospital health care delivery system.
In years past, hospitals almost had "blank check" privileges with regard to reimbursement for services for both the Medicare and privately insured patients. What the "blank check" reimbursement system led to, ultimately, was a skyrocketing of health care costs and consequent government intervention to bring them down. The government responded to public pressure to reduce health care costs by putting in place criteria for reimbursement for all patients covered by Medicare - the government funded DRG Reimbursement System.
Given the financial constraints put in place by the government DRG Reimbursement System, hospital administrators are beside themselves as to how they can effectively deal with today's health care system and run their hospitals effectively. As a manufacturer of health care instrumentation, it is critical for me to more fully understand the directions hospital administrators and CFO's are taking both today and in the future to guide their institutions to being better able to successfully operate.
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Freiberg, Frederick Gilmore, "Strategies for the Marketing of Sophisticated Medical Equipment to the Hospital Market" (1989). Theses, Dissertations, and Capstone Projects. 491.
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