HealthShare/THA recently endorsed Management Dynamics Inc. and its Product Acquisition Consumption Evaluation Review, or PACER, program. PACER assesses product and service utilization patterns and applies value analysis to help your hospital identify ways to significantly reduce consumption and improve utilization of products throughout your facility. Typical results are savings of seven percent or more in supply costs, or an average of $12,000 to $15,000, per occupied bed. MDI is offering a mini-PACER assessment to Texas hospitals at no charge.  Your non-salary costs will be compared against the company’s national database and you’ll receive a confidential report detailing possible opportunities for cost reduction. For more information, call Bill Quake, 252/240-1918 or bquake@management-dynamics.com.

Older Physicians Opt Out

 

According to a survey by Merritt Hawkins & Associates, 48 percent of physicians between the ages of 50 and 65 are planning to stop practicing medicine or reduce the number of patients they see in the next one to three years. These physicians plan to retire, seek non-clinical jobs, work part-time, close their practice to new patients, or significantly reduce the number of patients they see. With almost half of the physicians in the US already 50 years of age or older, this could drastically reduce access to physicians, according to Mark Smith, executive vice president of the firm. The survey also reports that 68 percent of older physicians believe that new physicians are less dedicated and hard-working than those who came out of training 20 to 30 years ago. Full results of the survey are available at merritthawkins.com or call 800/876-0500.

 

PPP Growth

 

Midland-based Priority Power Management, endorsed by HealthShare/THA is an independent energy management and consulting services firm, announced the opening of an office in McAllen to cover the South Texas market, and expanded staff in the Houston area. Industry veterans Branan Huthnance and Carolina Kato join the Houston office, and Salvador Hinojosa will lead the South Texas office, with senior analyst Melissa Vitela. Priority Power Management manages energy supply for more than 800 clients. In 2005, the firm founded Choose Energy, a leading online service that allows small businesses to compare and select competitive energy services. Find more information at prioritypower.net or call Perry Ruthven at 713/956-0056.