Anesthesiologists in the ICU: Economics and Other Considerations

Very few private anesthesia practices provide services in their hospitals' intensive care units (ICUs). The lack of enthusiasm for staffing the ICU relates directly to a perception that ICU coverage is not as profitable as operating room (OR) coverage. The entire Anesthesia Business Consultants client database only yields a few examples of private ...
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Negotiating Exclusive Hospital Arrangements: Strategies for Anesthesia Groups from AIAPM (Part 1)

In an anesthesia market rife with consolidation, mergers and acquisitions, the threat of shrinking payments due to new and complex payment programs, and general uncertainty on the regulatory and legislative fronts, the need for anesthesia groups to be solidly aligned with their hospitals is, at present, exceptionally strong. In a session at the rec...
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Effective Governance: Who Decides What?

Will Latham, MBA President, Latham Consulting Group, Inc., Chattanooga, TN Over the years, you may have heard the old saying that "Nothing happens until someone sells something." With regard to anesthesia groups, we have found that "Nothing (good) happens until the group has effective governance."Without effective governance: The group lacks the ab...
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Leverage Technology to Improve Your Anesthesia or Pain Practice: Nine Takeaways from AIAPM

SUMMARY Strategic business planning, including identifying your anesthesia group's strengths, weaknesses, opportunities and threats; analyzing the impact of external political, economic and other forces, and developing a mission and vision statement is essential for leveraging and making intelligent decisions regarding technology in the current env...
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Why Your Compliance Efforts May Be Worthless

It's a riddle almost as inscrutable as that of the Sphinx: How can a physician or pharmacist or facility owner be convicted of a federal crime for violating a state law? The answer is, unfortunately, quite simple, quite questionable and quite dangerous. It turns what many think about federal healthcare law compliance on its head.It signals that man...
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