In a recent article in Becker’s Hospital Review, Mike Leopardo discusses the affects of PPACA (ObamaCare) on hospital construction. In 2012, hospital construction had dipped to a total of just 63 million square feet, as opposed to the peak of 109 million square feet that was built in 2008; this was a 16 percent drop from 2011, which was also lower than 2010.
Leopardo attributes the decline primarily to a poor overall economy, as well as the uncertainty of how PPACA would affect healthcare delivery and reimbursements in the future. In 2012, PPACA also faced uncertainty due to political hurdles to overturn it in Congress, the Supreme Court challenge, and whether the election outcome would cause the program to disappear altogether due to vast opposition from opposing parties.
With ObamaCare moving forward and more details being clear to hospitals, the article states that most hospitals are now focusing on cost controls, increasing outpatient centers, and looking to partner with high-profile physicians to become a destination for patients who now have access to healthcare throughout the USA.
Omega Medical Imaging believes we are uniquely suited to help fill these hospital needs. Our Cardiac EP labs have the smallest footprint in the market. When factoring the cost of renovations, and space always being a premium, we are able to save bottom dollar numbers in the hundreds of thousands between acquisition cost, service contracts, and room construction/renovation costs. With healthcare operating margins between 2 and 3 percent, Leopardo says, “strategies that reduce cost drop directly to the bottom line as profit”
Leopardo also writes: “…hospitals under development are able to announce that high-profile physicians will join the hospital upon completion of the new facility, due to better equipment and an overall superior work environment”. In the ERCP and interventional endoscopy market, the Omega e-View has become a gold-standard amongst thought leaders using our equipment. As your facility begins to look at the importance of acquiring and keeping your physicians in the forefront of technology, the e-View is the only system designed entirely around interventional endoscopy. Providing the right technology will help attract key physicians and grow both revenues and profits.
If you are looking for more information as to how Omega can transform your department, please Contact Us today.