HealthLeaders Media Finance - October 26, 2009 | Could Three Bills Bury Your Hospital's Bottom Line? View as a Webpage | Subscribe for Free
Could Three Bills Bury Your Hospital's Bottom Line?
Karen Minich-Pourshadi, Senior Editor-Finance

Now that S. 1776 is off the table, politicians can continue to focus on more important areas of reform, like cobbling together three bills to create a better overall health reform bill. But, until that happens, Medicare reimbursement cuts still loom, so hospital administrators better start crunching numbers. [Read More]
  October 26, 2009

 
Editor's Picks
What do finance leaders think?
The 2010 edition of the HealthLeaders Media Industry Survey for Finance Leaders is now open online at www.healthleadersmedia.com/financesurvey2010.htm. Included this year are new questions that seek your thoughts on the economy, the HIT stimulus package, and healthcare reform efforts, among others. Plus, we build on key benchmark questions from last year, checking on your top priorities and your assessment of key fiscal trends. This comprehensive survey should take about 14 minutes to complete. Be sure to provide contact information and we'll enter your name in a drawing for a $1,000 gift card. [Take the Survey Now]
Alegent CEO's Resignation Illustrates Difficulty of Culture Change
In this economy, no one needs to add "stave off physician revolt at hospital" to their to-do list. Learn how the resignation of the CEO at Alegent Health in Omaha may have done just that. [Read More]
The SGR Lives, For Now
Hospital administrators are often called on to clarify what all the healthcare legislation means. To help guide you effectively humanize the situation for non-numbers people, take a moment to peruse my colleague Elyas Bakhtiari's column. [Read More]
Medical School Enrollment Continues to Rise to Meet Physician Need
With many of the healthcare reform plans calling for greater insurance coverage nationwide, larger numbers of doctors will be needed in the coming years. The good news is that med school enrollment is up. The bad news is none of the reform bills currently before Congress include more Medicare funding for graduate medical education positions. Instead, both the House and Senate legislation would redistribute about 1,000 unused residency training slots among a small group of targeted states. For your compensation planning, the enrollment numbers are worth watching. [Read More]
How to Lead a Hospital to Better Outcomes
Innovation is often first perceived as error. HealthLeaders Media Leadership Editor Philip Betbeze takes a look at how the CEO of Cincinnati Children's Hospital's deviated from the financials and dared to take on infection control and quality care. The lessons learned will prove invaluable to any administrator. [Read More]
Waste in the U.S. Healthcare System Pegged at $700 Billion in Report from Thomson
If you think you've trimmed all the fat you can from your budget, you may want to think again. A white paper published today from Thomson Reuters shows that the U.S. healthcare system wastes between $600 billion and $850 billion annually. [Read More]
Senator says doctors' group is selling its support
There's zeal and then there's overzealous, and the Medicare debate brings out both in politicians. When you're a junior senator and you want to make a name for yourself, however, you'd be wise to err on the side of caution. Perhaps that's a lesson-learned for Senator Bob Coker who opted to put the AMA in the same category as the "ladies of the night." Regardless of his point, his choice of phrasing actually took away from his message. [Read More]
 
Finance Forum
The Financial Imperative of Staff Development Education
Contributor Deanna R. Miller, RN, MSN/HCE, manager of critical care and staff development at the University Hospitals Geneva Medical Center in Geneva, OH, makes the case for continuing to budget for staff development education during difficult economic times. [Read More]
 
Finance Headlines
Hospital and physician office prices rose in September
Healthcare Finance News - October 26, 2009
The Future of Nursing is Up for Debate
Rebecca Hendren, for HealthLeaders Media - October 20, 2009
20 charged with Medicare fraud in California
Los Angeles Times - October 22, 2009
Small business faces sharp rise in costs of healthcare
New York Times - October 26, 2009
Democrats are optimistic that public option will be approved
New York Times - October 26, 2009
How Congress ducks the problem of tax-free health insurance
Washington Post - October 26, 2009
 
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From HealthLeaders Magazine
Care Team Architecture
HealthLeaders October 2009 Creativity and flexibility count, sure. But underlying the successful care team design is a foundation of essential and lasting values. [Read More]
 
Service Line Management
State of Emergency
The nation's emergency departments are feeling the effects of the economic downturn, but innovations in patient throughput and other strategies offer hope for a beleaguered system. [Read More]
 
Money Talk

A look at one hospital's struggles to improve

Sarasota (FL) County Public Hospital
Rating: A1
Outlook: Stable
Affected Debt: $472 million
Agency: Moody's Investors Service
Remarks: Rating upgraded from A2 following continued improvement in financial performance, including a return to profitability and increased liquidity.
[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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