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HealthLeaders Media Finance - January 18, 2010 | Sleuthing for (More) Savings In Your Budget
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Sleuthing for (More) Savings In Your Budget
Karen Minich-Pourshadi, Senior Editor-Finance
When it comes to decreasing cost, every facility takes a different tack. Most CFOs are finished with the quick fixes, and now they are thinking long-term. But where do you begin? I touched based with William Hejna, fellow at Noblis Health Innovation, a nonprofit science, technology, and strategy organization headquartered in Falls Church, VA, to get a few more ideas on where to look when you're sleuthing for savings.
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January 18, 2010
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Editor's Picks
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Is Hospital Job Growth in the Cards in 2010?
John Commins takes a look at job growth in healthcare. Sure, things were down in 2009—but employment may be turning up in 2010. The question is what areas of healthcare are poised to see the greatest increases in hiring? This information is something every CFO should know.
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How Ready Are Hospitals for Meaningful Use
Most hospital leaders seem confident that their organizations are in a position to qualify for meaningful use and capture all of the incentive payments from the HITECH Act. Yet, both hospital and physician organizations recently expressed concern about providers' abilities to meet the requirements of meaningful use defined by the Centers for Medicare & Medicaid Services and the Office of the National Coordinator. What does this disconnect mean for "meaningful use" at your facility?
[Read More]
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Finance Forum
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The Top 10 Mistakes in Setting Goals
For years healthcare leaders have been evaluated by means of a "Does Not Meet/Meets/Exceeds" scale. But a far more fair method is the use of a clear, objective, and weighted evaluation based on specific goal achievement, says contributor Bill Bielenda. However, initial implementation of this leader evaluation system can be challenging for some organizations. Here, Bielenda provides the top 10 most common mistakes made during the first year of rollout and how they can be handled.
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Finance Headlines
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AMA Launches New TV Ads Urging Medicare Payment Fix
John Commins, for HealthLeaders Media - January 15, 2010
Feds File Suit Against J&J for Alleged Kickback Scheme
John Commins, for HealthLeaders Media - January 15, 201
White House cuts healthcare tax deal with labor unions
Washington Post - January 15, 2010
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Sponsored Headlines
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| From HealthLeaders Magazine |
Five Strategies that Prove Healthcare is Still a Growth Industry
Here is a review of growth opportunities that will increase revenue, decrease costs, or enhance services in the areas of leadership, finance, physicians, technology, health plans, quality, and outcomes.
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| Service Line Management |
The Sports Center
Famous athletes and big sports programs may be the public face of sports medicine, but at its core are local communities and, increasingly, the unconventional athlete.
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Money Talk
A look at one hospital's struggles to improve
FirstHealth of the Carolinas, Pinehurst, NC
Rating: AA
Outlook: Stable
Affected Debt: $40 million
Agency: Standard & Poor's
Remarks: Upgraded to stable due to a strong financial performance, a pickup in liquidity in FY 2009, and establishing a more conservative and diversified debt structure.
[Read More]
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Audio Feature
Seattle Children's Hospitals Builds Lean: An interview with Cindy Evans, vice president of ambulatory and regional services and medical specialties at Seattle Children's Hospital, looking at a creative, "Lean" approach to construction of an outpatient facility.
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