HealthLeaders Media Finance - October 18, 2010 | Financial Risk Assessments Can Diagnose Revenue Leaks View as a Webpage | Subscribe for Free
Financial Risk Assessments Can Diagnose Revenue Leaks
Karen Minich-Pourshadi, Senior Editor

Managing a healthcare organization's risk is a challenge, but doing so while the payment environment undergoes massive upheaval requires some serious forward thinking. Just ask anyone working in radiology these days and they’ll tell you it’s a tense time for their bottom lines—which makes it all the more important that they stay atop their revenue cycle by completing a regular financial risk assessment. [Read More]
 
  October 18, 2010

 
Editor's Picks
Hospitalist Company Acquires NV, NJ Practices
In the coming year, CFOs should keep a watchful eye on the mergers and acquisitions taking place in the healthcare industry—you never know when this information could prove insightful for your own hospital. [Read More]
Secrets of the Top Private Health Insurers
The National Committee for Quality Assurance recently issued its annual rankings of private health insurance plans for 2010-2011. NCQA evaluated over 300 private health plans and ranked 227 of those based on clinical performance, member satisfaction, and NCQA Accreditation. Find out who the top 20 insurers as well as some health plan revelations taking place behind the scenes. [Read More]
Tax Credit Hides True Cost of Healthcare
Affordable Care Act could assist more than 28.6 million Americans in purchasing healthcare coverage by the time it's implemented in 2014. Sounds great, doesn't it? Senior editor Philip Betbeze tells you why he thinks it's not a good idea at all. [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. [Read 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.
 
Finance Forum
HIPAA Compliance Requires Coding, Processes Update
As the deadline for HIPAA 5010 compliance approaches—requiring migration from ICD-9 to ICD-10—the big question on everyone's tongue is: what's the greatest path to compliance and efficiency? For payer organizations, this will result in increased enrollments, claims processing, customer service requirements, and operational challenges.

[Read More]
 
Sponsored Headlines
Video: Green Data Centers to Smart Buildings with Enterprise Asset Management: Clay Nesler, of Johnson Controls, discusses how IBM asset management solutions enabled them to bring smart building solutions to the commercial and institutional marketplace. IBM Maximo, the complete end-to-end solution, addresses the instrumentation of buildings and the interconnection of that information and technical systems. Johnson Controls have been able to integrate data from all systems—reducing energy use, improving productivity and reducing costs.
 
 
Webcast: Smarter Buildings: Linking energy efficiency with facilities management and maintenance by gaining insight into facilities, their conditions and work processes, CIOs, building owners, operators and tenants are better able to plan and control their environments, thus improving overall operational effectiveness and energy efficiency.
 
 
Flash Demo: Manage Facilities with IBM Maximo Asset Management: This high-level Flash video provides an overview of how the IBM Smarter Planet campaign can help improve facilities management. By using IBM Maximo Asset Management, facilities managers are enabled to create smart buildings that reduce overall energy use and are operationally efficient.
 
 
Webcast: A Conversation with The Johns Hopkins Hospital: A conversation with Tom Lentz, Manager of IT and Finance for the Facilities Department at The Johns Hopkins Hospital in Baltimore and Axendia Industry Analyst Daniel Matlis on how The Johns Hopkins Hospital uses its Integrated Asset and Service Management solution to improve uptime to support patient care; control costs; support regulatory compliance activities; and use workflow capabilities for internal controls.

Axendia White Paper: Lowering the Cost of Healthcare from the Inside Out: This white paper, written by Axendia, discusses how integrated asset and service management enables healthcare providers to enhance patient care, improve clinical outcomes, reduce costs and ensure compliance.

Real-time asset location visibility improves operational efficiencies: This solution brief discusses how the addition of real-time asset location capabilities to IBM Maximo® Asset Management provides complete visibility of an organization's total enterprise assets in real time. This unprecedented visibility enables an organization to improve asset utilization and employee productivity by providing the current location of existing resources.
 
 
 
Finance Headlines
St. Vincent's is the Lehman brothers of hospitals
New York Magazine, October 18, 2010
Bay Area's hospital costs rising to top in California, but superior care isn't guaranteed
San Jose Mercury News, October 18, 2010
Medicaid Status, Race Linked with Hospital Readmissions
Roxanna Guilford-Blake for HealthLeaders Media, October 15, 2010
CVS Fined $75M in Meth Case Settlement
John Commins for HealthLeaders Media, October 15, 2010
FL Health Systems Announce Partnership
John Commins, for HealthLeaders Media, October 15, 2010
 
 
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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]
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