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Are CEOs Worth the Money?
Carrie Vaughan, Senior Editor-Leadership

Executive compensation is always a hot topic. And given the fact that we're in a recession and 50% of the nation's hospitals appear to be losing money, according to some reports, the salaries and bonuses that hospital CEOs earn are being even more heavily scrutinized.
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  March 6, 2009

 
Editor's Picks
White House Healthcare Summit
Sacrifice is emerging as a recurring theme in President Obama's call for healthcare reform. Yesterday, President Obama told key stakeholders in the healthcare reform debate that everyone will be required to make sacrifices to rein in the "exploding cost of healthcare in America today." My colleague, John Commins, wrote a nice summary of the event. For more in depth analysis of President Obama's call for healthcare reform, please check out this piece by two of my fellow editors.
Plan B: Doesn't Look So Bad
President Obama asked Gov. Kathleen Sebelius of Kansas to become his nominee for secretary of health and human services and Nancy-Ann Deparle, former HCFA Administrator, to fulfill the White House health czar position. [Read More]
Stimulus Requests
Baylor Health Care System is wasting no time asking for some of the state's federal economic stimulus money. Baylor is seeking money for a cancer center to be built near downtown Dallas and a diabetes center in South Dallas. Talmadge Heflin, director of the Center for Fiscal Policy at the Texas Public Policy Foundation in Austin, offered some advice to potential applicants. "We believe they should not use the money in a way that would create an ongoing obligation for the state," Heflin said. "And we don't believe the money should be spent just because you can get it." [Read More]

This Week's Headlines
Boston's Beth Israel braces for $20 million loss this year
Boston Globe - March 6, 2009
In health plan, industry sees good business
Washington Post - March 5, 2009
A hurdle for health reform: Patients and their doctors
New York Times - March 3, 2009
CEO of Smyrna, TN-based StoneCrest Medical Center steps down
The Tennessean - March 2, 2009
Half of nation's hospitals running losses
Los Angeles Times - March 2, 2009

Webcasts/Audio Conferences
Solving Your Nurse Shortage: Long-Term Strategies That Work (March 16)
5 Ways to Improve the Patient Experience at Your Hospital (March 20)
ED Overhaul 2009: Five Improvements to Make Today (On Demand)
Top 5 Healthcare Jobs
Chief Nursing Officer: Christus Health, Lake Charles, LA. The CNO is responsible for patient care delivery, nursing, and nurse practice, and sets direction for quality evidence-based, patient-centered care . . . [Read More]
Chief Executive Officer: HealthSouth, Tustin, CA. This position is accountable for planning, organizing, and directing the hospital to ensure quality patient care and financial integrity . . . [Read More]
Manager of Clinical Revenue Integrity: Life Point Hospitals, Brentwood, TN. This position provides ongoing education to ensure accuracy of charges and revenue cycle compliance with all hospital, state, and federal regulations . . . [Read More]
Chief Information Officer: UnitedHealth Group, Albuquerque, NM. The CIO will oversee the development and maintenance of all technology systems, including care management systems and reporting . . . [Read More]
Chief Financial Officer: Beatrice Community Hospital, Beatrice, NE. The CFO will handle development, interpretation, coordination, and administration of policies and procedures related to finance, accounting, insurance, and information systems . . . [Read More]

From HealthLeaders Magazine
Back to Basics

HealthLeaders November 2008
The strategy for surviving the economic downturn? Invest in core strengths, scrutinize staffing and operations, seize partnership opportunities—and get down to work. [Read More]
Service Line Management
Essential and Expensive

Patient demand for intensive care services continues to rise—but ICUs cost a ton of money. Here's how some providers are making intensive care worth their financial while. [Read More]
View from the Top

Post-Merger Integration: The Balance of Forces Healthcare providers are witnessing the onset of another round of wide-ranging consolidation, with economic forces likely to continue as the main driver. To gain the hypothetical benefits of consolidation, healthcare CEOs should invest time in building structures and systems that work. [Read More]
Audio Feature

Vulture Valuations: Leigh Walton, a partner with the law firm of Bass Berry and Sims and the co-chair of that firm's Healthcare Practice Group, discusses the prospects for healthcare M&A in the coming year and beyond. [Listen Now]
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