Hospital searches for partnerThe University of Louisville Hospital is looking to partner with another hospital and expand its patient base, according to a consultant's report released recently.

The Courier-Journal reported that even if the hospital improves its operations and business strategy, a partner will still be needed to handle the daily operations of the medical facility.

Consultants from Dixon Hughes Goodman from Hudson, Ohio, recently advised the hospitals ad hoc committee, which was formed to oversee an operational review of the hospital with a focus on boosting financial stability.

The committee voted unanimously to accept the report, which will be sent to the board of the University Medical Center, the nonprofit organization that runs the hospital.

Under the consultant's recommendations regarding supply chain, its labor force and revenue cycle, the hospital could possibly save more than $8.5 million in 2013 and $17.5 million in 2014.

A recent post on Healthcare Matters' website compared the healthcare and airline industries, arguing that line airlines, healthcare providers benefit from working with as few vendors as possible to streamline supply chains while standardizing operations.
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