HealthLeaders Media Corner Office - October 15, 2010 | Tax Credit Hides True Cost of Healthcare View as a Webpage | Subscribe for Free
Tax Credit Hides True Cost of Healthcare
Philip Betbeze, Senior Editor-Leadership

In an industry that many claim is economically out of whack, overburdened by regulation, and extraordinarily expensive, government is going to exacerbate the problem by hiding the true cost of healthcare through income tax credits. I've got a better idea.
[Read More]
  October 15, 2010

 
Editor's Picks
DOJ Indicts 73 in Massive Medicare Fraud Case
Why did John Dillinger rob banks? His famous answer: "Because that's where the money is." That's the same reason organized criminals are targeting Medicare now, apparently. And it's also apparently easier to rob Medicare than banks. I think we all suspected organized crime was defrauding Medicare to a significant degree, but now we have proof. Seventy-three defendants—including alleged members of an Armenian-American crime syndicate called Mirzoyan-Terdjanian—have been indicted for crimes involving more than $163 million in fraudulent billing of Medicare and insurance companies across the nation, the U.S. Department of Justice says. [Read More]
Your Move: Hospitals are Predicting, Adapting to Change
The business models that will emerge in the era of healthcare reform are still unclear, but leading hospitals and health systems are already positioning themselves to adapt when they do come into focus. They're taking the first steps toward becoming accountable care organizations even before anyone knows for sure what an ACO will look like—or even if they'll ever come to fruition. They're figuring out how to reduce costs while improving quality and efficiency ahead of reimbursement changes. And they're looking to strengthen their market positions through partnerships, collaborations, or mergers and acquisitions. Take a look at this month's HealthLeaders magazine cover story, courtesy of my colleague Gienna Shaw. [Read More]
Intelligence Report: Physician Alignment in an Era of Change
Hospitals are looking to employ more physicians and buy more medical groups; at the same time, hospitals are receiving an increase in inquiries from physician groups for employment. But this marriage is not without trepidation. Elements of payment reform are expected to put considerable strain on hospital-physician relations. In this exclusive, original research and analysis, we find out what 258 healthcare executives and clinical leaders think about these topics and more. [Read More]
Breakthroughs Report: Hospital Merger and Acquisition Strategies
The rules of healthcare are changing. Today, growth isn't about just getting bigger. It's about developing all of the components needed for coordinated care and reduced costs. In this HealthLeaders Media Breakthroughs report, leading hospital systems that have seen the value of growth from mergers and acquisitions—North Shore LIJ Health System, Novant Health, Baylor Health Care System, and Bayhealth Medical Center—share insights and lessons learned. [Learn More]
Register Today for Lead Transformation: Accelerate Value, Quality, and Coordination
Join us October 21, live or virtually, for this complimentary, exclusive half-day leadership event that will bring leaders from top healthcare organizations to explore real paths to take today toward accountable care structures and define what medical home and patient-centered care mean for your healthcare organization. Recognized leaders and peer experts will be featured from: Texas Health Presbyterian Hospital Dallas, Columbus Regional Hospital, Baptist Health System, Chenango Memorial Hospital, Network Health, Crystal Run Healthcare, Moffitt Cancer Center, Novant Health, and GE Healthcare, Americas. This event takes place October 21, 8:30 am—12:30 pm (CST) at The Fairmont in Dallas, Texas. To register call 800/753-0131 or click here.
 
This Week's Headlines
Proposed Caritas Christi Health Care sale gets key OK
The Boston Globe, October 14, 2010
6 Tips for Selling Your Practice to a Corporation
Todd Neely, President of NanoImproved, and Marybeth Regan, PhD, for HealthLeaders Media, October 14, 2010
4 Ways to Accelerate ED Triage, Boost Revenue
Joe Cantlupe, for HealthLeaders Media, October 13, 2010
GAO calls HHS's restrictions of MA plan communications 'unusual'
The Hill, October 14, 2010
Insurers denied coverage to 1 in 7
The Wall Street Journal, October 14, 2010
When the nurse disagrees with the doctor
The New York Times, October 14, 2010
Duke police probing death at university hospital
The Daily Reflector, October 14, 2010

 

Webcasts/Audio Conferences
Physicians: Reimbursement and Retention (August 3)
A Better Way Than Pay For Call Coverage (July 15)
Marketing to Physicians: Increase Sales Success Through Measurement and Tracking (July 22)
 
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From HealthLeaders Magazine
Your Move:
Hospitals are Predicting, Adapting to Change

The business models that will emerge in the era of healthcare reform are still unclear, but leading hospitals and health systems are already positioning themselves to adapt when they do come into focus. They're taking the first steps toward becoming accountable care organizations even before anyone knows for sure what an ACO will look like—or even if they'll ever come to fruition. [Read More]
 
Service Line Management
Creating Stroke Systems of Care

If U.S. healthcare is headed toward a model that eliminates fragmentation and emphasizes continuity and cooperation, stroke care may be leading the way and making a difference in patients' lives. [Read More]
 
View from the Top

How to Boost Post-Discharge Revenue, Customer Service
The healthcare model is set up to lower costs and ignore almost all the basic rules of customer service, loyalty, and personal connection. We are treating all patients the same. The solution? Try adopting a business platform that takes advantage of every opportunity from marketing to technology, to achieve customer loyalty.[Read More]
 
Audio Feature

Payment Model Innovation: Sharing the Rewards of a Pay-For-Performance Program
Listen to my conversation with Neal Peyser, managing director at FTI Healthcare, on creating innovation that will help hospitals and their medical staffs to benefit from efficiency and coordination of care. That means collaboration, and there has to be an incentive for these two groups to work together. You've heard of this concept in describing some hospital and payer relationships, but Neal has a slightly different twist on it.[Listen Now]