HealthLeaders Media Corner Office - June 18, 2010 | Could Nonprofit Hospitals Become an Endangered Species? View as a Webpage | Subscribe for Free
Could Nonprofit Hospitals Become an Endangered Species?
Philip Betbeze, Senior Editor-Leadership

Several of us were meeting recently about story ideas in HealthLeaders magazine. A story idea I mentioned about nonprofit status was discussed in our conference call, and I speculated that given the increasing levels of insured patients, that some people might get the idea that tax breaks are no longer necessary for nonprofit hospitals and health systems. Another idea postulated as we discussed that story idea was that many hospitals, especially of the local, government-owned variety, might consider ditching their nonprofit missions entirely and move toward a for-profit business model.
[Read More]
  June 18, 2010

 
Editor's Picks
HHS Details $250M Investment in Primary Care Workforce
Health and Human Services Secretary Kathleen Sebelius says the federal government has will spend $250 million of the $500 million Prevention and Public Health fund for fiscal 2010 in training and boosting the number of primary care providers in this country. My colleague John Commins has the breakdown of how the money will be spent and the number of additional providers expected to be trained under the program. [Read More]
Before You Make That Cut
My colleague Karen Minich-Pourshadi has an interesting take on what a seemingly insignificant move can cause in a hospital or health system. The "butterfly effect" is the notion that an action as seemingly insignificant as the flutter of a butterfly's wings might create a disturbance that, sufficiently amplified, could change large-scale atmospheric motion, leading to a huge storm in a distant place. Meteorological theory isn't often something associated with finance, but the butterfly effect is similar to a theory dubbed the "strategic halo"—an idea that could potentially prevent finance leaders from making the wrong service line changes and costing a hospital more money than it saves. [Read More]
Pay Patients Without Overpaying
Don't miss a great piece of commentary here from my colleague Elyas Bakhtiari concerning the notion of paying health insurance beneficiaries for simple things they should be doing anyway, like keeping their weight down or taking necessary medications. Yes, you read that correctly. Sometimes it seems that paying cash is the only way to get anyone to do anything, even when inaction is potentially life threatening. [Read More]
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This Week's Headlines
Time to Break the Taboo of Wooing Well-insured Patients
Marianne Aiello, for HealthLeaders Media - June 16, 2010
Uninsured Rate Up Slightly in 2009, CDC Says
Janice Simmons, for HealthLeaders Media - June 17, 2010
Health Alliance of Greater Cincinnati, Two Member Hospitals, Physician Group, to Pay $2.6 Million to Resolve Whistleblower Fraud Claims
John Commins, for HealthLeaders Media - June 16, 2010
Prying Eyes May Cost Hospitals Millions
Cheryl Clark, for HealthLeaders Media - June 16, 2010
AMA president-elect ready to take on Washington over Medicare payment cuts
Chicago Tribune - June 17, 2010
Maryland Hospital Association blinks first in talks on rate increases
Baltimore Business Journal - June 17, 2010
Christus Santa Rosa Health System opens specialized geriatric unit in downtown San Antonio
San Antonio Business Journal - June 17, 2010
MedPAC Cites Concerns with GME Structure, Urges Focus on Out-of-Hospital Settings
Janice Simmons, for HealthLeaders Media - June 16, 2010
Hospital Sends Letters to 3,400 Patients About Possible Endoscopic Equipment Contamination
Cheryl Clark, for HealthLeaders Media - June 16, 2010

Webcasts/Audio Conferences
Cardiovascular Service Lines Strategies (June 23)
A Better Way Than Pay For Call Coverage (July 15)
Marketing to Physicians: Increase Sales Success Through Measurement and Tracking (July 22)

From HealthLeaders Magazine
Taking On the Cost Drivers

HealthLeaders June 2010
While most expense categories are unavoidable, there are ways to reduce costs. [Read More]
Service Line Management
Creating Stroke Systems of Care

If U.S. healthcare is headed toward a model that eliminates fragmentation and emphasizes continuity and cooperation, stroke care may be leading the way and making a difference in patients' lives. [Read More]
View from the Top

It is Time to Act: With the signing of the Patient Protection and Affordable Care Act, along with the Health Care and Education Affordability Reconciliation Act, major change will be coming to the way healthcare is organized, delivered, and managed in the United States. Healthcare leaders have been dealing with constant change for the past 30 years, but now the rate of change will need to accelerate in order to achieve success in a reformed healthcare environment. [Read More]
Audio Feature

Preventing Missed Revenue Opportunities: Robert Sutton of IMA Consulting discusses tips for preventing missed revenue opportunities due to third-party payer contractual underpayment. [Listen Now]
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