HealthLeaders Media Finance - April 18, 2011 | Process Improvements Cut Fat, Beef Up Quality View as a Webpage | Subscribe for Free
Process Improvements Cut Fat, Beef Up Quality
Karen Minich-Pourshadi, Senior Editor

In this continuation of our look at healthcare process improvement, we see how baby steps taken with small initiatives can lead to giant strides when Six Sigma or Toyota Lean Process Improvement principles are implemented. [Read More]

  April 18, 2011

 
Editor's Picks
AHA Supports Rural Hospital Protection Act
The American Hospital Association is throwing its weight behind the Rural Hospital Protection Act, legislation that would ensure that critical access hospitals continue to be reimbursed for provider taxes they pay to states. The Centers for Medicare & Medicaid Services say this is simply a clarification of a longstanding rule, while AHA counters that reimbursements for provider taxes should always be allowed. [Read More]
Is Community's Hostile Bid for Tenet Worth the Price?
That's the question Wayne Smith and his board at Community Health Systems have to be asking themselves in the wake of a complaint filed in federal court by unwilling takeover target Tenet Healthcare. [Read More]
Build Brainpower and Boost the Bottom Line
To stay atop your game, you need to know about the latest information and innovations your peers are utilizing. This month there are three webcasts that will boost your brain power and ultimately build your bottom line; be sure to listen in to:
Finance Forum
5 Ways to Maximize Profitability in Contract Negotiations
When providers are armed with the right information and resources, they can turn the negotiations around to capture all revenue rightly owed to them by payer organizations. Modeling technology, training investments, and financial forecasting are make-or-break process points to consider.

[Read More]
Sponsored Headlines
Case Study: Mayo Clinic helps radiologists pinpoint potential problems : Mayo Clinic transforms the way it processes and interprets medical imaging results to enable more accurate detection. Powerful algorithms pinpoint potential problem areas within medical images and flag them based on the probability of abnormality. This process transformation increases diagnostic sensitivity for detection of brain aneurysms through intelligent flagging of high-risk areas.

Case Study: University College London Hospitals: UCLH had to adhere to the 18wkRTT requirements stated by the U.K. government. The BPM based Patient Tracking System (PTS) enabled them to better manage their clinical pathways and resources and also help improve patient experience by reducing uncertainty in the scheduling of treatments.

Discover, Interact, and Optimize for Smarter Healthcare with BPM Powered by Smart SOA: This IBM® RedguideTM describes one of the most significant challenges in healthcare today: the need for healthcare providers to effect patient care positively and proactively in the face of increasing patient load and information overload. IBM WebSphere® business process management (BPM) powered by smart service-oriented architecture (SOA), or BPM powered by Smart SOA, has the potential to maintain the medical common body of knowledge. It also makes critical, current data available to practitioners in a manner that is consistent with the evidence-based, event-driven environment to which healthcare aspires. BPM powered by Smart SOA can also automate healthcare provider administrative and care delivery processes.

Finance Headlines
Medicaid explained: How would block grants work?
Stateline, April 18, 2011
Shorter Hospital Stays for Uninsured Patients Compared to Insured
HealthLeaders Media, April 18, 2011
NC Blue Cross ads look at care costs
The News & Observer, April 15, 2011
House GOP faces risky vote on Medicare, Medicaid
Los Angeles Times, April 13, 2011
Healthcare Fundraising Shows Signs of Life
HealthLeaders Media, April 13, 2011
Dartmouth Atlas: Costs Rise for Medicare Patients at End of Life
HealthLeaders Media, April 13, 2011
7 Ways Hospitals Can Trim Costs
HealthLeaders Media, April 12, 2011
Webcsts/Rounds
Patient-Centered Accountable Care
April 27, 2011
Webcast: Achieving Ambulatory Surgery Center Success in the Reform Era
May 11, 2011
Webcast: Ratchet Up Physician Referrals: Proven Methods & Measures
May 18, 2011
Neurological Service Line Growth: Telestroke & Brain Tumor Innovations
May 18, 2011
SEE ALL WEBCASTS »
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From HealthLeaders Magazine
In an ACO, Who's Accountable?
It can be the hospital, but health plans, physician practices and medical service organizations can also serve as the "accountable" party. [Read More]

Deep Insight:

Service Line Management
Hospitals Waking Up to Sleep Centers
Hospitals are awakening to a growing market for sleep disorders, particularly sleep apnea linked to pulmonary conditions. And while CMS has reduced reimbursements for general sleep study programs, it has opened the door for funding for diagnosis of sleep apnea. [Read More]

Money Talk

Who's Up and Who's Down?

Sheridan Healthcare, Sunrise, FL
Rating: B
Outlook: Positive
Affected Debt: $160 million
Agency: Standard & Poor's Ratings Services
Remarks: Physician outsourcing provider Sheridan Healthcare Inc. will be using funds from a proposed $160 million incremental term loan B to fund acquisitions. S&P affirmed a B corporate credit and existing issue-level ratings. The outlook was revised to positive from stable, reflecting the company's more disciplined financial policy.
Audio Feature

Diana Petitti: Taking an Evidence-Based Approach to Public Health:
Diana Petitti is a strong proponent that the healthcare industry needs to constantly reevaluate its practices and treatments in light of new evidence. But changing the status quo is often easier said than done, she has learned firsthand. [Listen Now]
Sponsor HealthLeaders Media Finance

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