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History of Albert Einstein College of Medicine

Integrating a Medical School into a Hospital System Differences in procurement and contracting strategies Jack D. Zencheck, M.S., C.P.M., APP Associate Vice President Business Services 10/16/17. History of Albert Einstein College of Medicine. 1969.

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History of Albert Einstein College of Medicine

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  1. Integrating a Medical School into a Hospital System Differences in procurement and contracting strategiesJack D. Zencheck, M.S., C.P.M., APPAssociate Vice President Business Services10/16/17

  2. History of Albert Einstein College of Medicine 1969 Montefiore assumes operation of Weiler Hospital Science at the heart of medicine

  3. History of Albert Einstein College of Medicine Science at the heart of medicine

  4. What is happening in the Health Care Industry? • Hospitals need to bring in patient beds to compete for reimbursements and are consolidating • Northwell Health • Lenox hill • Long Island Jewish • Northshore • Southside • Staten Island • Glen Cove • Northern Westchester Hofstra University Medical School Science at the heart of medicine

  5. What is happening in the Health Care Industry? • New York Presbyterian • New York Hospital • Hudson Valley • Lawrence • Morgan Stanley Children’s Hospital Weil Cornell Medical School/ Columbia University Medical Center Science at the heart of medicine

  6. What is happening in the Health Care Industry? • Mt. Sinai • Beth Israel • St. Lukes • NY Eye & Ear Ican School of Medicine Science at the heart of medicine

  7. What is happening in the Health Care Industry? • Montefiore • Moses • Einstein Hospital • Wakefield • Children’s Hospital & Montefiore • Burke • Mt. Vernon • White Plains • New Rochelle • Nyack • St. Lukes Albert Einstein College of Medicine Science at the heart of medicine

  8. Why do hospitals systems & Medical Schools need each other? Science at the heart of medicine

  9. How does the payee base affect procurement strategies? Science at the heart of medicine

  10. How does the Payee base effect Procurement Strategies? Science at the heart of medicine

  11. Reporting Structure under Yeshiva University Science at the heart of medicine

  12. Reporting Structure under Montefiore Medicine Academic Health Systems Science at the heart of medicine

  13. Contrasting Contracting and Sourcing under Yeshiva University and Montefiore Science at the heart of medicine

  14. Contrasting Pricing under Education and Hospital Science at the heart of medicine

  15. Contrasting Pricing under Education and Hospital Science at the heart of medicine

  16. Contrasting Pricing under Education and Hospital As the Hospital affiliate for Einstein, Citrix did not grant educational pricing to Montefiore After the Joint Collaboraton Agreement, all UNIVERSITY licenses were applied to Montefiore. $250,000 savings Science at the heart of medicine

  17. Breaking Down the Silos • Lab Supply Agreement • Oracle • Cisco • Microsoft • Imperial Bag • Air Gas • Elevator Maintainance • Telecom • Lab Supply Agreement Science at the heart of medicine

  18. Summary • Integrating a Medical School into a Hospital System provides • Cost savings and efficiencies • Balancing a Corporate Structure with an Educational Structure is not without its challenges • Ideally both sides benefit from the collaboration • Lab Supply Agreement Science at the heart of medicine

  19. Questions? • Lab Supply Agreement Science at the heart of medicine

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