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  August 23, 2013 Follow us on FacebookFollow us on TwitterJoin us on LinkedInRSS feed

Contrarian CEO: Consolidation Will Hike Spending

Philip Betbeze

Consolidation in the healthcare industry will do nothing to stop the upward march of spending. In fact, consolidation should exacerbate it. So says a hospital chief in a major market who shall remain anonymous—for now. >>>

 

Editor's Picks

Phoebe Putney, Hospital Authority Settle FTC Charges

Owing to a conflict with Georgia's stringent Certificate of Need laws, the FTC will grudgingly drop its attempts to nullify Phoebe Putney's 2011 acquisition of rival Palmyra Park Hospital from HCA for $195 million. >>>

Medical Errors at 10 CA Hospitals Draw Fines of $625K

California's latest round of penalties for hospital blunders that resulted in patient harm or death includes a wrong-site surgery, feeding errors, a retained surgical object, and a number of unnecessary "emergency" coronary interventions. >>>

HealthLeaders Media CFO Exchange, 2013

>>>

CAH Status Challenge Must Consider Access

A recommendation to strip critical access designation from any hospital that was given that status under a state "necessary provider" designation lacks consideration for the role of critical access hospitals in the rural healthcare safety net. >>>

1 in 5 Health Systems to Become Payers by 2018

Cost and reimbursement pressures, the explosion of boomers in the hospital patient mix, and the movement toward population health are spurring health systems to launch their own health insurance plans. >>>

MGMA-ACMPE Seeks Delay for Stage 2 MU Penalties

Lack of vendor readiness for the move to Stage 2 Meaningful Use means physicians will be unable to meet the requirements for EHR implementation and will be subject to fines starting in 2015, the Medical Group Management Association says. >>>

Shands HealthCare to Pay $26M to Settle False Claims Allegations

Federal prosecutors say improper Medicare billing at six Florida hospitals operated by Shands ran from 2003 through 2008. Shands makes no admission of liability, but will pay a total of approximately $26 million plus interest. >>>

CFO Exchange: Healthcare Reform Breeds Innovation

Chief financial officers from some of the country's top hospitals and health systems meeting at HealthLeaders Media's third annual CFO Exchange shared the exciting and often frustrating adaptations they're making to accommodate healthcare reform. >>>



Intelligence Report

Executive Insight Report: Top Skills for Top Executives

This latest report by HealthLeaders Media and Bank of America Merrill Lynch explores the results of the latest Buzz Survey on executive skills and resources, revealing the traits necessary for healthcare leaders to engineer the merger between strategic and financial priorities. Free Download >>>



News Headlines

Akron General to be sold to Community Health Systems and Cleveland Clinic joint venture

The Plain Dealer / Cleveland.com, August 23, 2013

Piedmont WellStar HealthPlans to sell commercial insurance Oct. 1

Atlanta Business Chronicle, August 23, 2013

Boehner warns against shutting U.S. government over 'Obamacare'

Reuters, August 23, 2013

The real estate deal one health system couldn't pass up

The Washington Post, August 23, 2013

NC Governor signs bill that affects hospital billing

News & Observer / Associated Press, August 22, 2013

Hospital-owned insurance plan to reenter Medicare

The Philadelphia Inquirer, August 22, 2013

New South L.A. hospital to cost $32 million more than expected

Los Angeles Times, August 21, 2013

Judge rejects Long Island College Hospital's ownership deal

The New York Times, August 21, 2013

Mountain States Health Alliance taps HMA exec for CEO

Knoxville News-Sentinel, August 20, 2013

Sebelius: Talk on healthcare plan up to TX

The Kansas City Star, August 20, 2013



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Multimedia/Events

Webcast: Reining in Disruptive Docs—Strategies to Manage Risk and Reduce Turnover

Date: August 27, 2013, 1:00–2:30 p.m. ET

According to a 2011 study, 77% of physicians are concerned about disruptive behavior at their facilities. Join physician management experts from DePaul University and Florida Hospital to learn peer-tested strategies for confronting and resolving disruptive physician behavior. Register Today >>>




From HealthLeaders Magazine

New Approaches to Patient Experience

The simplest and most effective patient experience strategy may be listening to the patient, directly through personal discussions and indirectly through survey data analysis. >>>

 

Acing Acute Care for Elders

 

Proving Value: How It Can Work for You—and Employers



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