The Vantage Mission
Provide increased shareholder and stakeholder value through creating and managing health care business ventures.
The Vantage Opportunity
Using a systematic process that allows better use of scarce resources by partnering, a formal commitment and investment is made with a reasonable return that has the owners of Vantage creating their future for success.
Vantage is a virtual network of owners representing a medical school, with a pharmacy and dental school as well and several community hospitals in Pennsylvania. Vantage is a “virtual” network and system because unlike the usual definition of a system, the owners remain independent and have ownership in Vantage…Vantage does not own the School or the hospitals. Yet, the network and system can offer services and programs that here to fore only large systems could deploy.
Since 1985, when Vantage was created, organizations can offer jointly owned services not only to each other but to the wider market place and yet remain independently controlled and owned.
The result: providing services that previous to Vantage only larger systems could offer AND having these same services produce revenue from the market place that previously were not captured by the Vantage owners.
Cost centers have become revenue centers. Patients who had to travel to other communities for services now receive them in their own home town. Revenue that was left in the market place is now captured by the Vantage owners.
Vantage Holding Company, LLC with the owners as referenced above is a for-profit company that develops joint ventures for services. The model brings non-competing health care organizations together to generate revenues that were out-sourced and does show at a reduced cost to the owner organizations. New technology, high cost items and services and programs that require large volume to sustain them are the targets of this model.
Anything that is needed but cannot be sustained by one organization alone, with its own capital, expertise and market share, is a potential Vantage program.