Louisville Medicine Volume 63, Issue 8 | Page 4

How Hospitals are Gaining a Competitive Advantage with Non-Equity Collaborative Arrangements By Mary Baker, Vice President, Service Line Executive Cardiovascular, Indiana University Health An emerging trend in the healthcare industry is nonequity collaborative arrangements which help hospitals differentiate in increasingly competitive markets. Indiana University Health, a nationally ranked healthcare system by U.S.News & World Report 18 years in a row, is seeing early success entering into these types of partnerships with hospitals in select areas throughout the country, starting with its leading-edge cardiovascular program. Cardiovascular care solutions for today’s hospitals. Effective service line models are essential for longterm success because of their impact on the future of healthcare quality, costs and overall financial health. IU Health Cardiovascular service line solutions helps facilitate program growth through added or enhanced capabilities, strategic planning, outcomes management and supply chain savings. These collaborations also give hospital leaders the benefits of a larger network while maintaining independence. IU Health is currently operating this type of partnership for its cardiovascular program in Waukesha, Wisconsin and Columbus, Indiana with positive endorsements from hospital leaders. “Working locally alongside ProHealth Care administration, physicians and staff with the full support and expertise of the Indiana University Health CV team creates a true collaboration that assures our patients at Waukesha Memorial Hospital receive preeminent heart care,” said John Kelemen, Cardiothoracic Surgeon at ProHealth Care based in Waukesha, Wisconsin. Hospitals want to provide their communities with the highest levels of care and an affiliation with a major academic health center assures them access to the latest innovations and medical therapies. The focus IU Health brings to patient care extends to its partner hospitals in many ways with its full suite of services and specialists that are there for patient care needs 24 hours a day. To learn more about a non-equity collaborative arrangement with IU Health Cardiovascular service line solutions, contact Mary at 317.962.3583 or [email protected]. For more than 30 years, the Indiana University Health Cardiovascular program has brought leading-edge care to patients throughout the nation. THIS IS A PAID ADVERTISEMENT