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A subsidiary of The Institute For Transfusion Medicine(sm), TxM Consulting Group was formed in 1994 in response to inquiries from hospitals and blood centers seeking to restructure the way transfusion medicine was practiced in their institutions and communities. The Group's scope of activities has since expanded to include work in the area of hospital-based laboratory network development. Its professional staff is comprised of individuals with expertise in the medical, technical, marketing, information technology, logistics, and management facets of running a world-class transfusion medicine organization. TxM Consulting Group's special expertise lies in two principal areas. The first is the restructuring of transfusion medicine practices in hospitals, healthcare facilities and transfusion entities. Blood products typically represent the single largest line item in an institution's laboratory budget. TxM analyzes the procedures by which blood is collected, tested, stocked, manipulated, issued, and used, as well as the means by which this use is controlled and reviewed. All these factors have an impact on the total expenses. Based on its analysis of the individual procedures, TxM Consulting aids in formulating a change plan to improve overall efficiency. The other specialized area of TxM Consulting Group involves the integration of transfusion services across an enterprise or between enterprises. The ability to operationally structure multiple laboratory sites within a single system is a skill which can achieve both efficiencies and competitive enhancements in a managed care environment. The objective of TxM Consulting Group is to assist its clients with the development, communication, and initiation of an operational change plan. The Group does not believe that "assessments" are appropriate end products. Instead, the Group guides clients through the crucial steps which are necessary to catalyze an opportunity into action. The Group's involvement in general assessments is used as a foundation to support a detailed change management plan. TxM Consultants are unique in that they:
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