12.17.2009

Lean is Basis for Acquisition of Consulting Firm

An item about a consulting-firm acquisition caught my eye the other day. Broadlane, a Dallas-based company that describes itself as a “cost-management company for healthcare providers,” is buying another consulting firm, Healthcare Performance Partners (HPP).

I’m not familiar with either firm, but what I found interesting is that Broadlane is buying HPP because the latter firm’s specialty is providing lean and Six Sigma consulting and training to healthcare organizations.

According to Tom Sherry, chief operating officer, Broadlane, “While Lean and Six Sigma have long been cornerstones of manufacturing, healthcare providers are only now beginning to more broadly implement these approaches to remove waste and cost from their systems while improving quality of care.”

In case you hadn’t heard, it sounds like this lean thing is catching on in healthcare.

6 comments:

Anonymous said...

If Broadlane bills itself as a “cost-management company for healthcare providers,” and sees Lean mainly as a cost-cutting strategy, it will be short-lived, ill-fated, and a lose/lose. And, it may be a poor marriage between them and HPP.

For those of you who truly "get" the Lean philosophy, I don't need to explain more.

Day Trading Futures said...

Yes, I agree. There will be many acquisitions in the health care arena as they are suffering major losses, not only with the market, but lack of health care coverage in the US.

Day Trading Futures

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