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HealthLeaders Media Finance - June 13, 2011 | 4 True Tales of Successful Financial Leadership
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4 True Tales of Successful Financial Leadership
Karen Minich-Pourshadi, Senior Editor
Leaders have to be excellent strategists. They also have to get practical results. This week I share some favorite stories of financial wins, both big and small, that every CFO should read.
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June 13, 2011
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Editor's Picks
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Senators Urge OIG to Review PODs
Physician-owned distributorships have come under the scrutiny of the Senate Finance Committee and prompted a bipartisan group of senators to urge the Office of Inspector General to determine "how these arrangements square with federal law."
[Read More]
Top 10 Clinical Integration, ACO Physician Questions
Physicians are naturally and appropriately skeptical of the new arrangements that will impact not only how they get compensated, but also how they care for their patients. Here are 10 of their most frequently asked questions.
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Rounds: Leaders Detail Care Coordination Strategies
Senior healthcare leaders from three health systems have presented detailed, diverse strategies for coordinating care and aligning reimbursement at Gundersen Lutheran Health System. [Read More]
Shopping for Healthcare Needs to Start Small
What if shopping for healthcare focused on the little things we all need to access, such as primary care, prescription drugs, or other, less life-threatening and immediate procedures? That's where a little consumer involvement could actually work to improve quality and bring down costs. [Read More]
Webcast: Transform Your ED into a Profit Center
Date: June 23, 2011
What: Get in-the-trenches management tools and techniques to grow your ED's bottom line. Learn how Heartland Health revamped processes and increased revenue from $15 million to $33.5 million and turned its ED into a profit center with a 40% margin. [Read More]
Rounds: The Real Value of ACOs
Date: August 16, 2011
What: Attend on-site or participate via live webcast. Get accountable care strategies from ACO pioneers Norton Healthcare, Humana, and Palmetto Health—first movers who already have experienced the challenges of building a new framework for healthcare delivery. [Read More]
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Finance Forum
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Healthcare Equipment Acquisition in an Improving Economy
Equipment financing, particularly of information technology such as electronic medical records, is a key acquisition strategy. An expert explains how healthcare organizations can strategically leverage their equipment financing.
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Finance Headlines
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Scripps Announces ACO-like Integrated Delivery Network
HealthLeaders Media, June 13, 2011
PBGC Seeks $25M in St. Vincent's Pension Case
HealthLeaders Media, June 13, 2011
Tufts hospital seeking $11.2M from Lifespan
The Boston Globe, June 13, 2011
To curb malpractice costs, NY judges jump in early
The New York Times, June 10, 2011
1 in 2 Physician Job Openings Are in Hospitals
HealthLeaders Media, June 10, 2011
Judges sharply challenge healthcare law
Los Angeles Times, June 9, 2011
Healthcare 'Gold Rush' Spurs Jobs, Fortune 50
HealthLeaders Media, June 9, 2011
Visits to ER rise despite MA health law
The Boston Globe, June 8, 2011
US military has new threat: Healthcare costs
NPR, June 7, 2011
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Webcasts/Rounds
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Webcast: Transform Your ED into a Profit Center
June 23, 2011
Rounds: The Real Value of ACOs
August 16, 2011
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| From HealthLeaders Magazine |
The New ED: Keep Patients Out (but Happy)
While not exactly a checkpoint to bar patients from the hospital, the doors of the ED will become increasingly important as an exit.
[Read More]
Deep Insight:
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| Service Line Management |
The Challenge of the ICU
Health systems are in the midst of an ICU makeover
as healthcare leaders rethink
how they are providing care
in the costliest area of the hospital,
to improve outcomes and attain ROI.
[Read More]
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Money Talk
Who's Up and Who's Down?
Sheridan Healthcare, Sunrise, FL
Rating: B
Outlook: Positive
Affected Debt: $160 million
Agency: Standard & Poor's Ratings Services
Remarks: Physician outsourcing provider Sheridan Healthcare Inc. will be using funds from a proposed $160 million incremental term loan B to fund acquisitions. S&P affirmed a B corporate credit and existing issue-level ratings. The outlook was revised to positive from stable, reflecting the company's more disciplined financial policy.
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Audio Feature
How Prepared is Your ED for Flu Season?
Authors of the book, The Hospital Executive's Guide to Emergency Department Management, Kirk Jensen, MD, MBA and Daniel Kirkpatrick from BestPractices, an emergency medicine leadership and staffing practice in Fairfax, Va., offer advice on how hospitals can ensure they are equipped to handle seasonal fluctuations in ED patient arrivals. [Listen Now]
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