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  June 24, 2013 Follow us on FacebookFollow us on TwitterJoin us on LinkedInRSS feed

Stand-Alone Hospitals Wrestle with Financial Challenges

Rene Letourneau, Senior Editor for HealthLeaders Media

Make-or-break decisions about the future face financial executives from independent hospitals–from the HFMA ANI conference. >>>

 

Editor's Picks

Healthcare Costs 'An Abomination' Says Senate Finance Committee Chair

A Senate committee session in which expert witnesses discussed healthcare costs, hospital prices, and data transparency ended with a plea from the chair, Sen. Max Baucus, for "specific recommendations" from "anyone." >>>

ACOs Widespread, Yet Challenged

Two of the pioneering forces behind accountable care organizations say the model is gaining significance as it proliferates across the country, even though there are concerns over lack of uniformity in performance measures. >>>

Patients Shoulder Nearly 25% of Medical Bills

Data from the American Medical Association details the costs of medical billing complexity on patients and physicians, who are put "in the awkward situation of having to ask patients for money," says an AMA board member. >>>

Healthcare Consolidation: M&A Not the Only Way

Regulatory barriers that once thwarted any pressure felt by hospitals and health systems to consolidate and uncover economies of scale or scope have eased. But consolidation doesn't always come via an acquisition. >>>

Q&A: Geisinger's CEO on Cost, Quality, Data Sharing

Glenn Steele, MD, discusses the need for healthcare organizations to collaborate and learn from each other with shared data that can offer real-time insights as healthcare leaders re-engineer the industry to provide real value. >>>

MLR Statute Credited with $3.4B Insurance Premium Cut

Health insurance company medical loss ratios improved in 2011-2012 to drive a $3.4 billion reduction in healthcare premium costs. But MLR's influence is expected to wane. >>>

PwC: Pace of Rising Medical Costs Slowing

Lower-cost healthcare options such as retail clinics and a decline in hospital readmissions are holding the projected increase in medical costs to 6.5%, a full percentage point lower than the 2013 projected rate, says PwC's Medical Cost Trend report. >>>



Toolkit

Strategic Toolkit for Finance-Focused Solutions – Save 66%

This toolkit contains three in-depth reports with peer-tested strategies for containing costs, prioritizing budget allocations, and ensuring positive margins across service lines, including the ED: • "Cost Containment: Targeting Cuts, Enhancing Efficiency, and Using IT" • "Healthcare IT: Tackling Regulatory, Clinical, and Business Needs" • "ED Solutions: Preparing for Increased Volume and Decreased Margins" Download Today >>>



News Headlines

100 days to 'biggest ever' heath insurance open-enrollment season

NBCNews.com / Kaiser Health News, June 24, 2013

Tenet Healthcare buying Vanguard Health for $1.8 billion

CNBC / The Associated Press, June 24, 2013

Blue Cross-Blue Shield bets big on healthcare exchanges

The Washington Post, June 24, 2013

Health insurers to pay $500 million in rebates this summer

Reuters, June 21, 2013

Some immigrants excluded from healthcare overhaul

Boston.com / Associated Press, June 21, 2013

Hospital investors sold on US health reform despite bumps

The Baltimore Sun / Reuters, June 20, 2013

Wiser medication use could cut health costs

St. Louis Post-Dispatch / Associated Press, June 20, 2013

Brill: Health law won't bring prices down for patients

HealthLeaders Media, June 19, 2013

Opinion: Should hospital payments be cut if it's cheaper in doctor's office?

Dallas Business Journal, June 19, 2013

Supreme Court rules 'pay-for-delay' drug deals can be illegal

The Hill, June 18, 2013



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Multimedia/Events

Webcast: Physician Compensation Models and Metrics Under Population-Based Reimbursement

Date: August 29, 2013, 1:00–2:30 p.m. ET

Join CMOs from Banner Health Network and Blue Cross Blue Shield of AZ as they discuss strategies and metrics for implementing a value-based model of physician compensation. Register Today >>>




From HealthLeaders Magazine

Making Patients Happy, Even the Poorest and Sickest

Despite some unique challenges, safety-net hospitals are achieving strong satisfaction results by focusing on the patient and quality outcomes. >>>

 

Reform and the Revenue Cycle

 

Identifying Solutions to Patient ID



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