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October 30, 2007

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Mark Singh MD

You are right on with your come back: "yes, but they will be different."
I believe we are going through a shakeout with RHIOs. Its a matter of finding viable model that does not depend on grant funding. Those RHIOs and HIEs that are able to do this will survive. The others will perish, but thats just business.
Mark Singh MD
www.Clinicore.blogspot.com

Marty

Not so fast, Dr. S! Grant funding is not a sign of weakness, nor is it untenable in the long term. For many thousands of non-profit organizations across the country, it is part of a very sustainable business model (ever hear of the YMCA or the Red Cross? Both combine fee-based services with charitable giving and grants). RHIOs should leverage their nonprofit status (about 80% are structured as NPOs) to get operations off the ground and build out their networks. Long-term, grants and donations serve as healthy capital development tools. Read my analysis at http://blog.hittransition.com/2007/10/allscripts-exec.html

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