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UA HEALTHCARE PRESS RELEASE
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Released: 2/5/2010
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FOR IMMEDIATE RELEASE
CONTACT:
Scott Ringold
CEO
UA Healthcare
317.843.3310
sringold@united-advisors.com
UA HEALTHCARE PLATFORM FORMED TO PROVIDE SPECIALIZED SUPPORT FOR AMERICA'S HOSPITAL INDUSTRY
Through a unique combination of experienced advisors and exclusive products and services, UA Healthcare is helping hospitals with critical business issues
INDIANAPOLIS, IN January 14, 2010 - The US healthcare industry has transformed so rapidly into both the biggest opportunity and worst nightmare for various industry players. For hospitals, especially those with a rural and regional focus, increased unemployment has added to the more than 50 million uninsured people seeking service. Further, the shift from event or catastrophic health needs to poor lifestyle choices has placed a considerable amount of cost strain on hospitals' ability to efficiently deliver services to the communities they serve.
With healthcare costs hovering around $2 trillion and the continued demand for high-cost services; hospitals are facing a critical juncture in their survival and growth. UA Healthcare's CEO, Scott Ringold says, "Any time an industry sees the size and demand for services expand as we've seen in healthcare over such a short period of time, it attracts new entrants who create a more competitive playing field."
UA Healthcare has been selecting from among the top advisors around the country (in the areas of employee benefits, financial services, business strategy & operations, insurance and risk management, etc), forming a unique service platform to help hospitals and their physicians compete more successfully. The service platform starts with the premise that each hospital is faced with not only common challenges to growth but also a separate and distinct set of challenges that force the need for access to top talent in several operational areas.
Some of the major challenges being solved by UA Healthcare include:
- Alignment of employees, doctors, benefits and incentives with hospital growth plans
- Restructure of medical malpractice insurance programs to ensure hospitals and doctors can cope with rocketing premiums
- Using its scale to offer better services and pricing to smaller hospitals
- Enabling doctors and hospital professionals with personal asset reconstruction and business perpetuation programs
- Delivering new benefit programs that attract and retain the talent that drives revenue growth
About UA Healthcare
UA Healthcare, headquartered in Indianapolis, IN, is a leading provider of business solutions for hospitals and advisors who serve hospitals nationally. Today, UA Healthcare serves more than 500 hospitals in several markets.
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