HealthLeaders Media Finance - October 5, 2009 | Wisconsin Hospital Saves Green by Going Green View as a Webpage | Subscribe for Free
Wisconsin Hospital Saves Green by Going Green
Ben Cole, Associate Online Editor

The Regional Cancer Collaborative at St. Mary's Hospital in Green Bay, WI, recently installed a "living roof" on its newest addition, the latest in a long line of environmentally-friendly initiatives at the facility that officials say have an economic benefit as well. [Read More]

  October 5, 2009

 
Editor's Picks
Bad Debt, Lower Volume Linked to Lower Revenue by MGMA Members
The Medical Group Management Association pointed to a decline in patient volume plus increasing bad debt related to patients' financial challenges as possible reasons for its members' drop in revenues in 2008. Many of these medical practices responded by cutting overhead costs—but not enough to accommodate reduced revenues, MGMA reported. [Read More]
Five Last-Minute Tips to Prepare for RACs
Rather than wait for RACs, you can use this time effectively to prepare. My colleague Andrea Kraynak gives five tips from RAC experts, such as verify your contact information with your RAC and test your processes and those of your vendors. Getting those items in order will help you later. [Read More]
Hospitals attack Massachusetts pay proposal
Massachusetts healthcare executives are questioning a plan to transform the way hospitals and doctors are paid. Three months after a state commission proposed the plan to control exploding healthcare costs within five years, many hospital executives and doctors call it unrealistic and say it could bankrupt some providers and compromise patient care if implemented too quickly and without major changes. Both hospital and physician leaders say they favor changing the way providers are paid, but they feel the changes should start with pilot programs that give incentives for providers to adopt the new payment system. [Read More]
Finance Forum
Income Structure is Key to Physician Recruiting
When it comes to physician recruiting financial packages, one size does not necessarily fit all. Certain types of income structures may be more strategically advantageous than others, depending on the nature and objectives of the organization doing the recruiting, say contributors Peter Cebulka and Tommy Bohannon. [Read More]
Healthcare Reform Driving Value Based Provider Contracting
While much of the recent media attention on healthcare reform is focused on making changes at the point of care, the changes being discussed by the administration and large employer groups will also have an impact on how health plans operate, says HealthLeaders Media contributor Vik Anantha. [Read More]
Finance Headlines
Healthcare Costs Could Jump 35% Without Reform Passage
Janice Simmons, for HealthLeaders Media - October 5, 2009
States resist Medicaid growth
Washington Post - October 5, 2009
Rate of enrollment in Medicaid rose rapidly, report says
New York Times - October 1, 2009
Report paints dark picture of healthcare costs in 2019
Wall Street Journal Health Blog - October 1, 2009
Major upgrade at Harbor-UCLA hospital is imminent
Los Angeles Times - September 30, 2009
Obama announces $5 billion for new healthcare jobs
Reuters - October 1, 2009
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From HealthLeaders Magazine
The Patient of the Future
HealthLeaders September 2009 Physicians suggest. Patients ignore. Technology alone won't bring them together. But a new relationship just might. [Read More]
Service Line Management
Certifiable Stroke Care
With a growing emphasis on stroke center certification, hospitals must demonstrate that they have the teams in place to treat stroke patients quickly and effectively, or risk losing patients to a competitor down the road. [Read More]
Money Talk

A look at one hospital's struggles to improve

Elmhurst (IL) Memorial Healthcare
Rating: Baa1
Outlook: Negative
Affected Debt: Baa1
Agency: Moody's Investors Service
Remarks: Outlook was revised from stable and is reflective of a high debt burden and declining inpatient volume and market share.
[Read More]
Audio Feature

Getting More Out of Your Revenue Cycle: Tony Reisz, CEO of Ontario Systems, talks about how hospitals can squeeze more out of their revenue cycle through a focused front-end effort. [Listen Now]
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Webcasts

November 17: Service Lines Strategies Workshop 2009: Stroke Care
November 10: RAC Strategy: Preserve Margin, Prevent Take-backs, Promote Alignment
October 29: Flexible Medical Staff Models of the Future
October 22: Marketing to Physicians: Build Relationships to Increase Referrals
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