PolicyHuddle Podcast Explores How Health Care Utilities Can Reduce Costs And Stabilize Supply Chains
As leaders reimagine the health care system, one emerging investment strategy has promise to add stability in both costs and the supply chain — health care utilities. These nonprofit businesses are designed to stabilize access to common but essential health care inputs, while keeping their costs competitive.
Health care utilities, like Civica Rx, are already adding value in the generic prescription drug sector, and the model has applications more widely in areas where low margins often threaten investment.
The Missouri Hospital Association recently partnered with Mindshare Institute, a health care utility incubator, to position Missouri’s hospitals to benefit from advances in the model. In this edition of PolicyHuddle, MHA President and CEO Jon D. Doolittle explains how the association's investments are designed to shape access and cost for products hospitals use every day.
PolicyHuddle is available online or on your favorite podcast platform.
The Missouri Hospital Association is a nonprofit association in Jefferson City that represents 136 Missouri hospitals. In addition to representation and advocacy on behalf of its membership, the association offers continuing education programs on current health care topics and seeks to educate the public about health care issues.