Two hospital CEOs, three association executives and two consultants discuss 10 trends for hospitals in 2011.
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A multitude of forces — some already in effect and others set to take effect in 2011 and beyond — pose possible threats to hospital profitability. Hospitals have long been faced with the challenge of compensating ...
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A great cardiac program can boost patient volume, improve your hospital's reputation and significantly increase revenue. Here five cardiology program experts — three from the hospitals ranked as having ...
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2010 was an interesting year for hospitals. Hospital leadership, with the overhang of healthcare reform, aggressively examined and often moved forward with plans for accountable care organizations.
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1. Hold meetings with staff. Hold a series of meetings with all your personnel — nurses, physicians, housekeeping and others — to talk about the implications of the healthcare reform act. There's a lot of confusion in all quarters about reform.
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The next few years bring significant changes to the healthcare industry, from incentives distributed for "meaningful use" of electronic medical records to significant fee cuts to the implementation of a new coding system.
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Here is a list of 52 women who demonstrate outstanding leadership within the hospital and healthcare industry.
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Here are 40 hospital benchmarks to help evaluate how your hospital performs on various measures of quality, patient experience, finance and operations. Quality The following information is from ...
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Geisinger Health System, an integrated network in Danville, Pa., served as one of the models for the new accountable care organization. The system participated in CMS' seminal Medicare Group Practice Demonstration, ...
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One of the prominent aspects of the recent healthcare reform discussion is the effort to change the reimbursement methodology for both hospitals and physicians. A number of models, including the patient ...
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The Medicare Shared Savings Program, also referred to as the accountable care organization program, was created by the Patient Protection and Affordable Care Act and will be effective by Jan. 1, 2012. ...
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The National Committee for Quality Assurance, which accredits managed care organizations, has released a set of draft standards for accountable care organizations and is asking for public comment through ...
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There are approximately 4,500 medical-surgical hospitals in the country. Of these, nearly 2,500 are affiliated with or a part of system, nearly 2,000 are independent, and approximately 200 to 250 are physician-owned ...
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Strong leadership and smart changes can make the difference between closing your doors and leading the market. Here are 10 hospitals that accomplished successful turnarounds. 1. Anaheim (Calif.) ...
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The Patient Protection and Affordable Care Act includes a provision to begin a national pilot on payment bundling, which is essentially an expansion of CMS's ongoing Acute Care Episodes Demonstration project.
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Vanguard Health Systems' Baptist Health System in San Antonio is one five hospitals in the country participating in Medicare's Acute Care Episode Demonstration project and one of only two to offer bundled ...
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With reimbursements shrinking and patient volume expected to rise under the reform law, our healthcare system comes up against a stark reality. There are not enough physicians to go around, and the federal ...
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Healthcare providers face a climate of increased investigation coupled with a quickly changing business environment. The Department of Justice has requested increases in its budget, including substantial ...
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St. Joseph Medical Center in Towson, Md., has agreed to pay the United States $22 million to settle allegations under the False Claims Act that it paid kickbacks and violated the Stark Law when it entered ...
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CHRISTUS Health, a hospital system based in Houston, has agreed to pay almost $1 million to settle allegations that it committed Medicare fraud by falsely billing the federal healthcare program for unapproved ...
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Marion (Ohio) General Hospital has agreed to pay $1.2 million to resolve self-reported allegations of the Stark Act and Anti-Kickback Statute, according to a Marion Star report. The violations, ...
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Simi Valley (Calif.) Hospital has agreed to pay the U.S. government $5.15 million in order to settle allegations that the hospital filed fraudulent claims to Medicare, according to a Pacific Coast Business ...
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Hospital acquisitions by health systems are increasing as hospitals find it easier to survive as part of a larger organization. Here Mark Bogen, CPA, vice president of finance at South Nassau Communities ...
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Officials from the University of Louisville, Ky., have signed a letter of intent to move ahead with a merger between the school’s healthcare system and two other healthcare organizations to form a statewide organization, according to a Courier Journal report.
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Michigan Attorney General Mike Cox has approved the sale of eight-hospital Detroit Medical Center to Vanguard Health Systems in a deal valued at $1.5 billion, according to a Detroit Free Press report. ...
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The $895 million sale of formerly not-for-profit Caritas Christi Health Care to for-profit Cerberus Capital Management has been finalized and the new system is planning an accountable care organization, ...
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Hospital executive compensation runs the gamut, with the top health system CEOs making millions of dollars a year. Here three experts discuss four factors affecting hospital executive compensation.
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Physician compensation can vary widely by specialty, hospital ownership, geographic location and many other factors. Here are five factors currently affecting physician compensation, according to various ...
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Here are 13 statistics about compensation of the five highest-paid medical specialties, according to MGMA's Physician Compensation and Production Survey: 2010 Report Based on 2009 Data. 1. Orthopedic ...
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Physician compensation and revenue differed based on whether physicians worked for hospital/integrated delivery system-owned practices or not-hospital-owned groups, according to a recent MGMA report.
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Under the American Recovery and Reinvestment Act of 2009, healthcare providers are able to qualify for incentive payments upon adopting and demonstrating meaningful use of healthcare information technology, ...
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The Certification Commission for Health Information Technology has announced it will launch a new customized electronic health record certification program for hospitals without certified EHR systems on ...
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The Centers of Medicare and Medicaid Services is in the final stages of testing health information systems that will act as management systems for incentive payments to healthcare providers participating ...
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Although the passing of HIPAA and its privacy and security rules for patient health information occurred over a decade ago, the HITECH Act passed in 2009 strengthens some of the already existing rules ...
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Real-time location systems are an IT solution that has been adopted in many different industries, including the military and healthcare industry, as a way to improve asset management. Specifically in the ...
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Real-time locating systems are a health IT solution that many healthcare organizations have adopted as a means to reduce waste and improve process efficiency. Gregg Stepp, supply chain director at Texoma ...
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Here is a summary of the third quarter 2010 financial results for six leading for-profit, acute-care hospital operators. Community Health Systems Headquarters: Franklin, Tenn. Number of ...
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Here is a list of notable executive moves that occurred during November and October 2010. Jason Barker, CEO of St. Mary Medical Center in Apple Valley, Calif., announced he would leave the hospital at ...
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After re-holding merger meetings following allegations of violating Florida’s Sunshine Law, board members of Southeast Volusia Hospital District, which operates Bert Fish Medical Center in New Smyrna Beach, ...
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