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Tuesday, October 12, 2010

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Hospital Consolidations 'Favorable,' Says Moody's

By: John Commins, for HealthLeaders Media, October 12, 2010

Consolidations involving for-profit hospital companies acquiring struggling not-for-profit hospitals will increase competition in local markets, increase efficiencies, and improve leverage with payers, Moody's Investors Services says.

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Predictive Modeling May Reduce Hospitalizations

By: HealthLeaders Media Staff, October 12, 2010

An information technology system in use by the Visiting Nurse Service of New York identifies patients at risk for hospitalization and in need of physical therapy, and assesses the performance of clinical staff and programs.  The effort appears to be effective in reducing hospitalizations and re-hospitalizations, study shows.

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GPOs Driving Up Hospitals' Medical Device Costs, Say Manufacturers

By: Jeff Elliott for HealthLeaders Media, October 12, 2010

Fed up with what they say are supplier kickbacks to group purchasing organizations, the Medical Device Manufacturers Association is spreading the message that these arrangements are actually driving up hospitals' costs rather than lowering them as intended.

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HIPAA Compliance Requires Coding, Processes Update

By: Michael H. Smith, for HealthLeaders Media, October 11, 2010

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.

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Career Ladders Strengthen Coordinators' Professional Development

By: Julie McCoy for HealthLeaders Media, October 12, 2010

Because the coordinator job has evolved over the past decade from clerical to administrative, departments realize they need coordinators with advanced project management and managerial skills. To recognize coordinators, some institutions are creating coordinator career ladders that provide a path for professional development.

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Lead Transformation: Accelerate Value, Quality, and Coordination

By: October 7, 2010

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.

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Hospital Survival May Depend on Mergers

By: Karen Minich-Pourshadi, for HealthLeaders Media, October 11, 2010

In this economy, hospitals and health systems are coupling up to deal with uncertainty. Mergers can aid lower-rated hospitals and health systems that would otherwise have limited to access to associated physicians, technological advancements, and investment capital. Though I'm normally for independence, one thing is clear to me—for hospitals, there’s safety in numbers.

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Hospitals Still a Job-Creation Machine

By: John Commins, for HealthLeaders Media, October 11, 2010

Hospitals are subject to many of the forces that have battered the rest of the economy. But, as a job creation machine, the healthcare industry is showing itself to be resilient. Bureau of Labor Statistics data for September indicates that hospital job growth forecast is improving despite frequent mass layoffs. In fact, healthcare was responsible for more than one-in-three new jobs in the entire economy during September.

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