tag:blogger.com,1999:blog-32053362.post6255158342476894335..comments2024-03-26T00:25:34.026-04:00Comments on Not Running a Hospital: BU MBAs investigate mergersPaul Levyhttp://www.blogger.com/profile/17065446378970179507noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-32053362.post-13609781234949115042011-04-24T17:30:42.798-04:002011-04-24T17:30:42.798-04:00Mergers and acquisitions are a hot topic as you lo...Mergers and acquisitions are a hot topic as you look at what has changed just in the last 2 years and companies don't operate the same as they did a short while back. I cover a lot of that information especially with insurers as a couple just last year had some huge acquisitions and model changes. <br /><br />When I read the news with judges and their decisions rendered and then the next day we see someone who came up with a conflict of interest, that spells it out clearly as the company they have owned stock in for 20 years all of a sudden has a new business model, based on acquisitions and merging of IT infrastructures, aka business intelligence.<br /><br />I know we hear that all over the news today but it's there and who knows data addiction may end up being our next 12 step program before it's all said and done:)<br /><br />If you take the case of insurer United as an example, huge changes and renaming of divisions and sometimes it's hard to correctly follow the daisy chain of their subsidiaries of their subsidiaries/<br /><br />One acquisition depending on the business can change an entire business model and we see that happen all the time with again algorithmic business models that change and our current law making system can't keep up with. I hope that changes a bit in all industries as I don't want to be going to the movies to watch a sequel to the move "Inside Job" anytime soon:) These folks even get patents on their software/algorithmic formulas as well. <br /><br />I did a post on the United first quarter and clearly the CEO states that their formerly known Ingenix division, now OptumInsight was their shining star. This division is code and analytics only that create formulas to govern policies and risk assessments for coverage and payment, but also the same company Andrew Cuomo targeted and won a suit against with out of network formulas used, so yes it pays to pay attention to what is happening. We also have Aetna in the Health IT business now too in a larger way with HIE, again due to an acquisition so the world is changing and who knows we might see insurers buying up medical record companies next as it seems like potential logical next move to have the entire package in one, and is somewhat scary. <br /><br />I don't agree with all that occurs and again talk about the fact that losing ethics in a lot of this is hurting us big time and it's the behind the scenes activities that run 24/7 while we as humans still need sleep that allows a lot of this to be missed or recognized. <br /><br />http://ducknetweb.blogspot.com/2011/04/unitedhealth-group-reports-1st-quarter.html<br /><br />This all happens so fast today with extreme intelligence and sometimes the marketing gets in the way too with not always allowing a clear picture.Medical Quackhttps://www.blogger.com/profile/12443589277651479846noreply@blogger.comtag:blogger.com,1999:blog-32053362.post-72702530673002147572011-04-22T04:21:28.841-04:002011-04-22T04:21:28.841-04:00I remember former General Electric CEO, Jack Welch...I remember former General Electric CEO, Jack Welch, saying on several occasions that having the right person in a key spot in an organization can make a significant difference in how it performs. That’s especially true in cases where cultural change is needed.Barry Carolnoreply@blogger.com