The Innovative Health Strategies™ team knows that being innovators in the industry means continuously gaining new insights and staying up to date on the challenges and opportunities our clients face in their businesses. In addition to our legal backgrounds, we have significant experience in the health care industry, including serving as in-house counsel for health systems and suppliers. Some team members also have backgrounds in the life sciences field and hold advanced degrees or certificates in business or health administration, health law, public health or public policy. Along with speaking engagements, many of our team members are actively involved with industry boards, regularly publish articles and are often quoted in the media.
Many hospitals and health systems that want to outsource the operation of their food services departments or environmental services/housekeeping departments to third-party contractors are not sure what type of financial arrangement is best for their organizations. Alternatively, they may...Read more
Until recently, Amazon was making a series of moves to expand its current business of supplying health care commodities to small clinics and ambulatory surgical centers by getting into the drug and advanced medical device supply chain and expanding...Read more
By 2022, Group Purchasing Organizations (GPOs) are estimated to save the U.S. health care system as much as $864.4 billion.1 While traditionally relied on exclusively for volume contracting, they often have more to offer than mere bulk pricing. Like...Read more
Using increased purchasing volumes as leverage is a staple for hospitals that want to obtain better product pricing or other concessions from vendors. Since purchased services typically comprise up to 30 percent of a hospital’s overall spending, a hospital...Read more
Neil Olderman Provides Insights and Experience to Modern Healthcare on Hospital Outsourcing Arrangements
Chicago partner Neil Olderman was quoted in Modern Healthcare’s recent outsourcing issue. In the article “Extra Steps Needed for Successful Outsourcing Relationships,” Neil explains why additional oversight may be necessary to optimize outsourcing arrangements. For example, incentivizing vendors to...Read more