Osteopathic medicine in transition: postmortem of the Osteopathic Medical Center of Texas.
The stand-alone osteopathic hospital was a necessity to the osteopathic medical profession in an era when it was isolated from allopathic medicine. As osteopathic medicine has become increasingly integrated with allopathic medicine, however, an independent osteopathic hospital is no longer a necessity. Moreover, a stand-alone institution seems to be economically out of place in today's market. The Osteopathic Medical Center of Texas in Fort Worth is an example of a stand-alone hospital that was unable to capitalize on the benefits realized by integrated hospital systems. The author believes that this failure contributed to the institution's demise. The market power of a hospital system can be used for more favorable contracting with vendors and providers, as well as facilitating negotiations with payers. System affiliation provides economic efficiency, security, and protection in the highly uncertain, complex, and competitive healthcare market.
Hilsenrath
Peter E
PE
Department of Health Management and Policy, University of North Texas Health Science Center at Fort Worth-School of Public Health, 3500 Camp Bowie Blvd, Fort Worth, TX 76107-2644, USA. philsenr@hsc.unt.edu
D004465:Economic Competition; D006271:Health Facility Closure / Q000191:economics*; D017721:Hospital Costs; D006774:Hospitals, Osteopathic / Q000191:economics / Q000458:organization & administration*; D006801:Humans; D013781:Texas