Blood Centers Should Position Themselves to Be Agents (Not Victims) of Change

Blood Centers GraphicA new white paper from PYA helps blood centers assess the effects of large-scale consolidation, offering guidance these organizations can use for positioning themselves “to survive and thrive as the blood transfusion industry transforms.”

The demand for blood products in the U.S. blood transfusion industry has declined considerably over the last five years. This decreasing demand, along with lower blood prices, decreased availability, and higher costs associated with obtaining blood products, is driving industry consolidation, according to a newly released white paper from PYA.

The new paper, titled “Blood Centers Should Position Themselves to Be Agents (Not Victims) of Change,” draws upon several recent reviews, reports, and studies to further explain the factors driving consolidation. The white paper also cites examples of the industry’s response, describing a wave of mergers that observers expect will continue. However, the paper cautions that “bigger” may not necessarily mean “better” when it comes to efficiency, and urges organizations to conduct in-depth analyses when determining whether, how, and with whom to consolidate in order to find the “right size.”

The white paper also draws parallels between the blood transfusion industry and other segments of healthcare that have undergone similar change. It explores two forms of merger structures employed by the mental health industry at the crux of its consolidation challenges, and provides a vignette of consolidation among community mental health centers, from which blood centers might glean valuable lessons.

Download White Paper Here

PYA assists healthcare organizations in meeting challenges by providing education for governing bodies, leadership teams, and medical staffs; facilitating dialogue in the board room; performing governance effectiveness reviews; and identifying, developing, and implementing strategic initiatives.

 


Edward Pershing

Edward Pershing

Chief Executive Officer

Related Posts
The term “one size fits all” may be desirable in certain circumstances.  But, in many cases, the phrase more often translates to “just kind of fits.”  This is particularly true...
Read More

Finding the Right Fit: 4 Considerations When Choosing a Healthcare Auditor

PYA ranks on INSIDE Public Accounting’s list of Top 100 Accounting Firms for the third consecutive year.  PYA, a national accounting and management consulting firm, has been ranked as a...
Read More

PYA Again Among IPA’s Top 100 Largest Accounting Firms

Baltimore, Maryland, will be the host city for the American Health Lawyers Association 2018 Fraud and Compliance Forum.  The forum, which takes place September 26-28, offers fundamental, intermediate, and advanced...
Read More

PYA Supports AHLA Educational Efforts at 2018 Fraud and Compliance Forum

Becker’s Hospital Review recently published a synopsis, “Cardiologist shortage is coming: 5 things to know,” based on PYA’s latest infographic. The infographic shines a spotlight on the interrelated nature of...
Read More

PYA Infographic Featured in Becker’s Hospital Review

FVS Consulting Digest recently published an article, “The Opioid Crisis: The Important Role of CPAs,” co-authored by PYA Senior Manager Valerie Rock.  The article outlines the crucial role CPAs play...
Read More

The Opioid Crisis: The Important Role of CPAs

On July 12, the Centers for Medicare & Medicaid Services (CMS) published its 2019 Medicare Physician Fee Schedule Proposed Rule (Proposed Rule).  Weighing in at nearly 1,500 pages, the Proposed...
Read More

Changes to the Clinical Laboratory Fee Schedule in the 2019 Medicare Physician Fee Schedule Proposed Rule

On July 12, the Centers for Medicare & Medicaid Services (CMS) published its 2019 Medicare Physician Fee Schedule Proposed Rule (Proposed Rule).  Weighing in at nearly 1,500 pages, the Proposed...
Read More

Changes to Part B Drug Pricing in the 2019 Medicare Physician Fee Schedule Proposed Rule

On July 12, the Centers for Medicare & Medicaid Services (CMS) published its 2019 Medicare Physician Fee Schedule Proposed Rule (Proposed Rule).  Weighing in at nearly 1,500 pages, the Proposed...
Read More

2019 Medicare Physician Fee Schedule Proposed Rule

A recent article by PYA Consulting Manager Katie Culver has been published by Becker’s Hospital Review.  “Medicaid work requirements: What they mean for your healthcare organization,” explores state-imposed individual work...
Read More

Medicaid Work Requirements: What They Mean for your Healthcare Organization

Share This Insight

If you received value from this article, please share it with your network (e.g., Facebook, Twitter, LinkedIn). Icons below for your convenience.

Stay Current

PYA Population Health Ascend

PYA Healthcare Blog

PYA Thought Leadership Services

The Healthcare Loop