Development

Market Challenges

• There are profound changes facing providers of health care in the U.S.
• The shift from inpatient to outpatient care continues, compelling radical shifts of strategy and financial allocation to established health care providers and systems

Mr. McElearney led Business Development for the nation’s largest provider of mobile imaging services, spearheading its effort to expand into new business areas.

• The increasing focus on specialization requires rethinking of facilities, equipment, and manpower needs
• The aging infrastructure of traditional “bricks and mortar” health care delivery places difficult financial stresses and strategic choices on institutions.
• The redefinition of population in the United States into exurban and suburban markets continues – where and how to expand? To build?
• The demographic tidal wave of aging baby boomers presents as many difficult choices as opportunities
• The growing numbers of underinsured and uninsured patients, particularly in urban markets, presents unique burdens on hospitals and providers.
• Regulatory guidelines, frequently shifting in interpretation, must be taken into consideration in designing ownership, structural, and hospital-physician strategies
• Rapidly developing technologies make it difficult to anticipate what services, equipment, and facilities will be needed in a planning horizon
• Steadily rising labor costs (and the threat of unionization), combined with decreasing reimbursement, makes profit margins difficult to achieve