Diversified Specialty Institute Holdings, Inc.: Difference between revisions

Diversified Specialty Institute Holdings, Inc.
Company type	Private
Industry	Health care
Founded	2003
Headquarters	Nashville, Tennessee
Products	Kidney dialysis
Number of employees	2500+
Website	[1]

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Revision as of 16:54, 2 May 2022

Diversified Specialty Institute is a healthcare group created in 2003 whose purpose is to build and operate hospitals across the nation. While the group's primary task is the operation of over a hundred dialysis clinics around the nation, DSI is involved in hospital construction technology with operations including a breast cancer treatment facility in Bucks County, Pennsylvania.

History

DSI was founded in Nashville in 2003. Starting with 5 employees, DSI was able to create a modular design for hospital buildings, reducing the cost and time to create the building while improving the quality of the facility.

In April 2006, financed by Centre Partners, a leading private equity firm, DSI was able to purchase 105 dialysis clinics and four other programs from Fresenius Medical Care Holdings, inc. The purchase made DSI the third largest dialysis provider at the time.

In July of the same year, DSI set its first modular building in Bucks County. The modular units, produced in Conyers, Georgia were shipped to Bucks County and a twelve patient hospital wing was laid out in less than eight hours. This marked a milestone for both DSI and the medical community, showing that quality hospitals could be created in record time.

In April 2009, the hospital facility in Bucks County, PA filed for bankruptcy protection under Chapter 7. The bankruptcy was filed under "Bucks County Oncoplastic Institute."

PEARL

DSI and its predecessor created the medical software PEARL, which is used to track patients’ status, ensure that medications and operations are performed in a timely fashion, and allow a streamlined interface between doctors and their staffs. This system is used in all DSI facilities.^{[citation needed]}

Modular Construction

From the beginning,DSI envisioned a modular construction for hospital facilities. After a rigorous production program, DSI was able to also design their first modular clinic. The facility met and exceeded health department standards.

In mid-2006, DSI laid its first modular hospital, including a twelve patient wing, in less than eight hours. Actual time to set the building is around two days. The entire construction cycle, from the time that the building is ordered until the time that the facility receives a certificate of occupancy is barely over four months, compared to the standard six months to a year that it takes to erect a facility using standard construction methods.^{[citation needed]}

Current and future projects

DSI is currently working on an economical pharmaceutical service in which dialysis patients can have their prescriptions sent directly to their clinic through DSI. This means that instead of having to go to a local pharmacy to place and pick up prescription orders, DSI will ensure that all prescriptions arrive on time at the clinic and will eliminate the cost and hassle of going to the pharmacy for the patient.

References

@@ Line 21: / Line 21: @@
 == History ==
-DSI was founded in Nashville during 2003. While the group found a rocky start with only five employees in the beginning, over the next few years DSI was able to create a modular design for hospital buildings, reducing the cost and time to create the building while actually improving the quality of the facility.
+DSI was founded in Nashville in 2003. Starting with 5 employees, DSI was able to create a modular design for hospital buildings, reducing the cost and time to create the building while improving the quality of the facility.
 In April 2006, financed by Centre Partners, a leading private equity firm, DSI was able to purchase 105 dialysis clinics and four other programs from Fresenius Medical Care Holdings, inc. The purchase made DSI the third largest dialysis provider at the time.
@@ Line 27: / Line 27: @@
 In July of the same year, DSI set its first modular building in Bucks County. The modular units, produced in [[Conyers]], [[Georgia (U.S. state)|Georgia]] were shipped to Bucks County and a twelve patient hospital wing was laid out in less than eight hours. This marked a milestone for both DSI and the medical community, showing that quality hospitals could be created in record time.
-In April 2009, the hospital facility in Bucks County, PA filed for bankruptcy protection under Chapter 7.  The bankruptcy was actually filed under "Bucks County Oncoplastic Institute."
+In April 2009, the hospital facility in Bucks County, PA filed for bankruptcy protection under Chapter 7.  The bankruptcy was filed under "Bucks County Oncoplastic Institute."
 '''PEARL'''
-DSI and its predecessor were able to create the medical software PEARL, which is used to track patients’ status, ensure that medications and operations are performed in a timely fashion, and allow a streamlined interface between doctors and their staffs. This system is used in all DSI facilities.{{cn|date=May 2021}}
+DSI and its predecessor created the medical software PEARL, which is used to track patients’ status, ensure that medications and operations are performed in a timely fashion, and allow a streamlined interface between doctors and their staffs. This system is used in all DSI facilities.{{cn|date=May 2021}}
 '''Modular Construction'''
-From the beginning of DSI, modular construction for hospital facilities was envisioned. While many skeptics denied that it was possible, after a rigorous production program, DSI was able to also design their first modular clinic. The facility not only met health department standards but exceeded them in many departments.
+From the beginning,DSI envisioned a modular construction for hospital facilities. After a rigorous production program, DSI was able to also design their first modular clinic. The facility met and exceeded health department standards.
 In mid-2006, DSI laid its first modular hospital, including a twelve patient wing, in less than eight hours. Actual time to set the building is around two days. The entire construction cycle, from the time that the building is ordered until the time that the facility receives a certificate of occupancy is barely over four months, compared to the standard six months to a year that it takes to erect a facility using standard construction methods.{{cn|date=May 2021}}