Hospital System Consolidation: Will Your Medical Device Sales Model Adapt?

A physician visiting the sick in a hospital, G...
A physician visiting the sick in a hospital, German engraving from 1682 (Photo credit: Wikipedia)

About two years ago I noted “The Looming Impact of Healthcare Service Consolidation.” That consolidation ramped up this week, as the second-largest U.S. hospital chain, Community Health Systems, announced it would buy Health Management Associates (which operates 71 hospitals) in the largest hospital acquisition since 2006.

Consolidated systems standardize practices across hospitals and centralize purchasing of new technologies. Yesterday’s physician-champion-decision-maker is being replaced by tomorrow’s hospital-exec/technocrat-decision-maker. Medical device companies can learn a lot from enterprise IT sales.  Will your medical device sales methodology adapt?

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