May 2018 Issue of Beckers Hospital Review
ON THE COVER
Why Hospitals are spooked by a Walmart-Humana Giant: 5 Reasons
A potential deal between Walmart and Humana would strengthen Walmart's position as a competitive threat to hospitals, industry consultants and executives told The Wall Street Journal. CLICK HERE TO CONTINUE
How a sudden departure can affect your job prospects and what to do about it
So far in 2018, approximately 12 hospital and health system executives have suddenly left their roles. CLICK HERE TO CONTINUE
Microsoft Sues CHS For Copyright Infringement, Breach of Contract
Tech giant Microsoft filed a lawsuit against Franklin, Tenn.-based Community Health Systems March 15, alleging CHS engaged in "willful copyright infringement and willful breach of [the health system's] contractual obligations and implied covenant of good faith and fair dealing," according to a copy of the complaint, obtained by Becker's Hospital Review. CLICK HERE TO CONTINUE
CFO / FINANCE
Highmark Health sees net income rise to $1.1B in 2017
Pittsburgh-based Highmark Health, the parent company of insurer Highmark and Allegheny Health Network in Pittsburgh, posted operating income of $616 million in 2017, up from $62 million in 2016. CLICK HERE TO CONTINUE
Norton Healthcare’s net income climbs 40% in FY 2017: 4 things to know
Louisville, Ky.-based Norton Healthcare saw operating and net income grow in the fiscal year ended Dec. 31, 2017, compared to the previous year. CLICK HERE TO CONTINUE
CEO / STRATEGY
Advocate, Aurora select 15 leaders for combined organization
Downers Grove, Ill.-based Advocate Health Care and Milwaukee-based Aurora Health Care named the executive leadership team that will lead Advocate Aurora Health once the merger is complete. CLICK HERE TO CONTINUE
Tenet reaches deal with Glenview,implementsadditional governance changes
Dallas-based Tenet Healthcare announced March 26 that its board of directors reached an agreement with Glenview Capital Management, Tenet's largest shareholder, regarding proposed changes to Tenet's bylaws. CLICK HERE TO CONTINUE
CIO / HEALTH IT
Cerner implementation sparks delays at Connecticut health system
Ever since Danbury-based Western Connecticut Health Network switched EHR software systems March 3 to Cerner — after dedicating nearly two years to preparation — patients have been complaining about problems reaching physicians, scheduling appointments and accessing other services, according to newstimes. CLICK HERE TO CONTINUE
Microsoft sues CHS: 8 takeaways
Tech giant Microsoft filed a lawsuit against Franklin, Tenn.-based Community Health Systems March 15, alleging CHS engaged in "willful copyright infringement and willful breach of [the health system's] contractual obligations and implied covenant of good faith and fair dealing," according to a copy of the complaint, obtained by Becker's Hospital Review. CLICK HERE TO CONTINUE
CMO / CARE DELIVERY
Healthcare workers buy $882k radio ad to highlight high infection rates at Stanford University Medical Center
Healthcare workers rolled out an $882,000 radio ad campaign March 19 to increase awareness about high infection rates and healthcare costs at Stanford (Calif.) University Medical Center. CLICK HERE TO CONTINUE
WSJ report spurs House oversight of hospital accreditation processes
The House Energy and Commerce Committee is seeking information from CMS and four accreditation agencies, including The Joint Commission, to ensure their accreditation processes for hospitals in the Medicare and Medicaid programs follow federal standards and ensure patient safety. CLICK HERE TO CONTINUE
THOUGHT LEADERSHIP
CMIO musings: The ideal EMR — A wish list
The EMR has been both a blessing and a curse. It does offer some conveniences, such as remote charting and automation of some workflows, however, it's another piece of healthcare technology that, for the most part, has not taken the end user into account. This causes distractions for all healthcare workers and it can reduce the important rapport-building with patients. CLICK HERE TO CONTINUE
How Novant Health CEO Carl Armato uses a blog to cultivate the organization’s culture
When Carl Armato became president and CEO of Novant Health in 2011, he knew communication with employees would be challenging. After all, the Winston-Salem, N.C.-based integrated system has 26,000 team members in 500 locations across Virginia, North Carolina, South Carolina and Georgia. CLICK HERE TO CONTINUE