Can hospital execs walk the tightrope over the cost-quality chasm?
Top hospital execs are walking a payment system tightrope, a new survey shows, trying to get to the-way-things-will-be without plunging into fiscal disarray because of the-way-things-are-now. It's not just a "quality chasm," as a 2001 Institute of Medicine report famously put it; it's a "cost-quality" chasm where hospitals will be held accountable for both parts of the equation. Navigating the transition requires a delicate sense of balance and timing, according to more than 200 "C-suite" execs surveyed in Getting from Volume to Value in Health Care: Balancing Challenges & Opportunities, a new report from Forbes Insights in association with Allscripts.
- Healthcare Leaders Seek Strategic Sweet Spot
- 3 Reasons Wellness Programs Fail
- CMS Issues Health Insurance Exchange Proposed Rules
- Patients Shoulder Nearly 25% of Medical Bills
- ACOs Widespread, Yet Challenged
- MGMA: Physician Compensation Increasingly Based on Quality Measures
- 6 CNO-to-CEO Strategies
- Healthcare Costs 'An Abomination' Says Senate Finance Committee Chair
- Healthcare Consolidation: M&A Not the Only Way
- HFMA: Patient Financial Interaction Guidelines Sharpened