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  October 15, 2012 Follow us on FacebookFollow us on TwitterJoin us on LinkedInRSS feed

Dive into Bundled Payments or Wait?

Karen Minich-Pourshadi

Bundled payments may be the reimbursement model of the future, but many healthcare CFOs are waiting on the sidelines. A bundled payment trial by 21st Century Oncology and Humana for radiation therapy could show the way. >>>

 

Editor's Picks

Capital Funding Deals Get Creative

Little is new in capital financing for healthcare institutions, "but now there are lots of shades of gray in how deals are created," says the CFO of a health system that has long used cash generated from operations, fundraising, and borrowing. But his approach is changing. >>>

Readmissions Trigger ID'd by Geriatric Experts

Researchers say hospitalization-associated disability, a deterioration of functional abilities in some patients, occurs "even when the illness that necessitated the hospitalization is successfully treated." >>>

Comparative Effectiveness Research Not Aligned with Financial Incentives

Payment incentives so great that they can "sway decision-making at the point of care," are slowing the adoption of comparative effectiveness research by physicians and patients, a RAND researcher says. >>>

1 in 3 Medical Directors in Line for Bonus Pay

As hospitals move from fee-for-service toward value-based care, medical director contracts for physicians will be increasingly lucrative, a compensation survey suggests. Sixty percent of hospitals reported spending at least $500,000 in medical director compensation in 2011. >>>

'No-Pay' Policy for HAIs Does Not Reduce Infections

Researchers find no reduction in the rate of certain hospital-acquired infections after the start of a federal policy prohibiting reimbursement for acute care services necessitated by those infections. >>>

Hospitals Overspending on Blood Transfusions

By employing best practices in transfusion medicine, hospitals could save "about $1.06 million per hospital per year" without changing patient outcomes, an economic report says. >>>

U.S. Trails in Adopting Value-based Healthcare

Of 12 countries evaluated, Sweden is the most advanced at implementing approaches to better controlling healthcare costs by improving outcomes while maintaining or lowering cost, says a study. The high costs and fragmented nature of the U.S. healthcare system are cited as reasons why it lags. >>>



Intelligence Report

Cost Containment—Targeting Cuts, Enhancing Efficiency and Using IT

89% of healthcare executives lack the integrated clinical and financial data they need to target cost savings. Healthcare leaders who have cut millions in costs reveal how to improve efficiency through process improvements and targeted cuts based on hard data. This original research and analysis, offers key insight from leading organizations, including new case studies from Beaumont Health System, Pocono Health System, and Southwest General Health Center.



News Headlines

Memorial works on efficiency to improve care, avoid health-reform penalties

The State Journal Register, October 15, 2012

Hospital mergers, acquisitions a benefit to PA

The Scranton Times-Tribune, October 15, 2012

Alabama hospitals struggle with Medicare reimbursement system

The Anniston Star, October 15, 2012

Steroid maker sold other drugs in MN

The Star Tribune, October 15, 2012

To limit healthcare costs, Olive Garden parent tests part-time status

The Washington Post, October 12, 2012

Wal-Mart to cover U.S. workers' heart and spine surgeries

Chicago Tribune / Reuters, October 12, 2012

Feds crack down on Central NY hospitals to stop revolving door of 'frequent flyers'

The Post-Standard, October 12, 2012

Opinion: Expand Medicaid

The Salt Lake Tribune, October 12, 2012

Obama and Romney on the issues: Healthcare

The Washington Post, October 11, 2012

$123M settlement reached in class-action pedophile pediatrician lawsuit

The Washington Post, October 11, 2012



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Multimedia/Events

Rounds: Kaiser Permanente's Model for Total Health

Date: Oct. 16, 2012, 1:00-4:00 p.m. ET

Kaiser Permanente leaders explore how they successfully leverage information technology, social media, and community-based health programs to empower people to improve their own health. Get real-world solutions, including how to use web tools and social media to create effective linkages between physicians and members.

Register Today

Download Free Case Study



From HealthLeaders Magazine

 

Metrics That Matter

Business intelligence and analytics are invaluable tools to power healthcare decision-making. >>>

 

The Promise of mHealth

 

The Business Case for the HIE



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