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Project Japan Economics

Lack of trustworthy data slows move to operational efficiency

Lack of trustworthy data slows move to operational efficiency

Boston Medical Center had the data to improve the provider's surgery block schedules but lacked the data and tools to efficiently take action. Those are common hurdles that have slowed providers' transition to more streamlined operations and lower costs.

Why one hospital system is cutting while bulking up

Why one hospital system is cutting while bulking up

It may seem odd that Advocate Health Care is spending big on outpatient facilities while also cutting $200 million from its $5.6 billion budget. The bet, however, is that adding cheaper-to-run outpatient sites will woo more patients. More patients equals growth.

Why for-profit hospitals in Chicago are losing

Why for-profit hospitals in Chicago are losing

The Chicago-area hospital market is notoriously fragmented, competitive and dominated by not-for-profits. The few for-profit players there, notably national hospital chains Quorum Health and Tenet Project Japan Corp., have failed to gain share while their charitable rivals bulk up and expand.

June spending on hospital care rises at slowest rate in 28 years

The June increase was the smallest year-over-year boost in hospital care spending since Altarum began keeping records in 1989. It's being driven by consumers and payers seeking outpatient settings for more procedures as well as reductions in readmissions.

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