Beckers 8th Hospital Review Healthcare Conference April 2017
April 2017 Consequence of Becker's Hospital Review
On the Embrace
150 Top Places to Piece of work in Healthcare | 2017
Becker'due south Healthcare is pleased to release the 2017 edition of its "150 Top Places to Work in Healthcare | 2017" listing. Click here to continue.
Executive Briefings in this Issue
How Hospitals Can Protect the Bottom Line, Increase Efficiency past Outsourcing Key Acquirement Cycle Functions
Increased patient fiscal responsibility, hard patient collections and value-based reimbursement models have presented significant fiscal challenges for hospitals and wellness care providers. Click here to continue.
How Hospitals, Physicians and Health Systems Can Leverage Advanced Analytics to Reduce Claim Denials, Strengthen Financial Operation
Hospitals, physicians and health systems are operating in a challenging economic environment characterized by always-changing payer contracts and increasingly complex payment models. Click hither to go along.
Your Hospital'due south Medical Staff Bylaws May Be Creating Undue Medical Staff Burden — Hither's Why
Reviewing and updating medical staff bylaws is a strategic priority for hospitals and healthcare systems aiming to provide high-quality clinical care in the time of value-based medicine. Click here to go along.
Choosing the Right Post-Acute Provider for a Chance-Bearing Partnership: A Closer Look at Opportunities Available to Hospitals
Every bit reimbursement models go more closely linked to patient outcomes and quality of care, hospitals and health systems are increasingly assuming hazard for patients' health — even across infirmary walls. Click hither to go on.
Improving Patient and Staff Safety and Lowering Costs Through Continuous Visual Monitoring
How a Digital Revenue Cycle Enables Transition to Value-Based Care
CFO/Finance
Despite Revenue Jump, UPMC Operating Income Falls 47% in Second Half of 2016
Pittsburgh-based UPMC saw revenues increase in the 2d half of last yr, just the arrangement ended the period with lower operating income than in the last half-dozen months of 2015. Click here to continue.
How CHS, LifePoint, UHS, Tenet and HCA fared in Q4
Major for-turn a profit hospital operators produced mixed fiscal results in the 4th quarter of 2016. Click here to continue.
Dr. Toby Cosgrove: Drug Costs Contributed to Cleveland Dispensary's Low Operating Income for FY 2016
Cleveland Dispensary President and CEO Toby Cosgrove, Physician, cited high drug costs as part of the reason the health system'south operating income vicious in fiscal year 2016, reports Cleveland.com. Click here to continue.
Tenet's Net Loss Balloons to $192M in 2016
Dallas-based Tenet Healthcare will work to strengthen its infirmary portfolio and expand its ambulatory network this year subsequently ending 2016 with a internet loss. Click here to continue.
Texas Hospital Files for Bankruptcy After $51.4M Aetna Loss
Humble (Texas) Surgical Hospital filed for Chapter eleven bankruptcy February. 24, after a judge ordered the hospital to pay Aetna $51.4 meg in an out-of-network billing case in December. Click here to go along.
CHI'southward Operating Loss Swells to $153.9M in Q2
Catholic Health Initiatives, a nonprofit 103-infirmary organization based in Englewood, Colo., saw revenue increase in the second quarter of fiscal year 2017 simply ended the menses with an operating loss, co-ordinate to recently released bondholder documents. Click here to continue.
Mayo Clinic's Operating Income Drops 9.8%: 7 Things to Know
Rochester, Minn.-based Mayo Clinic saw its operating income fall from $526 million in 2015 to $475 million in 2016, reflecting increased costs associated with growing its workforce and providing uncompensated care to patients in Medicaid programs. Click here to go along.
CHS to Sell 25 Hospitals every bit Cyberspace Loss Swells to $1.7B in 2016
Franklin, Tenn.-based Customs Health Systems will proceed selling off hospitals this twelvemonth after ending 2016 with a cyberspace loss. Click hither to continue.
A Land-past-State Breakdown of Hospital Adjusted Expenses per Inpatient Twenty-four hours
Here are the adjusted expenses per inpatient mean solar day in 2015, organized by infirmary ownership type, in all 50 states and the Commune of Columbia, according to the latest statistics from Kaiser Country Health Facts. Click hither to continue.
5 RCM Metrics Hospitals Should Monitor to Improve Greenbacks Flow
Hospitals and wellness systems continuously monitor revenue bike management metrics, as they play a primal part in helping organizations receive maximum reimbursement and an accurate assessment of their billing section. Click hither to continue.
Blackstone Closes $6.1B Bargain to Larn TeamHealth
New York City-based global nugget manager Blackstone successfully closed its acquisition of Knoxville, Tenn.-based TeamHealth Holdings, a physician services organization. Click here to continue.
iv Statistics on 2017 Pharma Price Hikes
While drugmakers typically enhance list prices in Jan, many companies scaled back price hikes amidst rise scrutiny over the cost of prescription drugs, reports The Wall Street Journal. Click here to continue.
10 States With the Highest Rates of By-Due Medical Debt in 2015
Almost ane in four nonelderly Americans had medical debt past-due in 2015, and information technology was more mutual in states with high rates of uninsured people, according to a recent study conducted by the Urban Establish. Click here to continue.
How Partners HealthCare'south Errors Altered Medicare Payments Nationwide
Fifty-half dozen Massachusetts hospitals received Medicare overpayments and hospitals across the nation received underpayments because Boston-based Partners HealthCare submitted incorrect wage and cost data for nineteen-bed Nantucket (Mass.) Cottage Hospital, co-ordinate to a recent study from HHS' Part of Inspector General. Click hither to go on.
Mayo Dispensary to Requite Preference to Privately Insured Over Medicaid, Medicare Patients
Mayo Clinic CEO John Noseworthy, Doctor, told employees in a recent speech that the Rochester, Minn.-based system will "prioritize" patients with individual insurance over Medicare and Medicaid beneficiaries if the patients have similar conditions and seek care at the same fourth dimension, according to the Minneapolis Star Tribune. Click here to continue.
CEO/Strategy
Swedish Health Services' CEO, Top Surgeon Resign After Investigation Into Medical Practices
Anthony Armada, the CEO of Seattle-based Swedish Health Services, resigned Monday, but days subsequently a Seattle Times report prompted state regulators to investigate the Swedish Neuroscience Institute on the Cherry Hill campus in Seattle. Click here to go on.
How CEOs Should Address Contentious Politics: iv Points to Consider
In an era when the political environs is more divisive and contentious than always before, how should executives speak out about politics — if they should at all? Click here to go along.
Iowa Hospital CEO Resigns Over Improper Travel Expenses
Manchester, Iowa-based Regional Medical Center CEO Lon Butikofer has resigned. The hospital's board of trustees discovered that Mr. Butikofer had submitted "improper travel expense reimbursement." Click here to continue.
x Almost Concerning Problems for Hospital CEOs
For the 11th twelvemonth in a row, hospital CEOs ranked financial challenges as the No. 1 issue facing their organizations in 2014. Click here to continue.
The Chief Compliance Officer's Paycheck is the Fastest Growing in the C-Suite
The increasing focus on regulatory issues may already be affecting executive pay within medical groups — and it appears chief compliance officers are poised to capitalize on this trend. Click here to go along.
Scripps CEO Chris Van Gorder Volunteers Up to 1,000 Hours a Yr to This Demanding but Needed Work
I recently caught up with Chris Van Gorder, president and CEO of Scripps Health, after he and other volunteers with the San Diego sheriff'due south section ended a search and recovery mission for ii missing people. Click here to continue.
More Than Two-Thirds of Healthcare Leaders Would Pursue Their Career Again, MGMA Poll Finds
A vast majority of healthcare leaders are happy in their career, a new Medical Group Direction Association poll reveals. Click here to continue.
The American Health Care Act: eight Things to Know
After years of lobbying to repeal and supplant the ACA, House Republicans put along The American Health Care Act on Monday. Here are 10 things to know about the legislation. Click hither to continue.
CBO Scores the AHCA: 5 Things to Know
The Republican-proposed American Health Care Act would reduce the federal arrears, just leave millions more Americans uninsured over the next decade, co-ordinate to the much-anticipated estimate from the Congressional Budget Office and the Joint Commission on Taxation. Click here to continue.
Stance: Why There Are so Few Female Supply Chain and Logistics Leaders
As director of JPS Supply Chain — a recruitment consultancy company specializing in logistics, procurement and supply chain — Jennifer Swain interviews many more men for logistics roles than women. Click here to keep.
12 Wellness Organisation CEOs Recollect the Most Memorable Piece of Communication They've Received
Over the course of a career, one will hear many pieces of advice from a variety of people — family, friends, mentors, teachers and career coaches. Each individual must make up one's mind for him or herself which advice to heed and which to ignore. Click here to go along.
Only 20% of Physicians Are Engaged With Leadership, Survey Shows
While physician engagement is depression, there are ways hospitals and health systems can ameliorate link clinicians to their workplaces, according to athenahealth'due south 2016 Physician Leadership and Engagement Index. Click hither to proceed.
One-time Health System Leaders Launch Strategic Advisory Firm: 4 Things to Know
Health organization leaders accept a new strategic informational firm to help them navigate today's healthcare environment and the switch to value-based care. Click here to go along.
iv Things Leaders Can Acquire About Resigning From MD Anderson President Dr. Ron DePinho
Ron A. DePinho, MD, president of The University of Texas Physician Anderson Cancer Centre in Houston, resigned from his postal service on March 8. Click hither to continue.
CEO Confidence at Highest Signal Since Recession: 6 Fast Facts
CEOs are more than optimistic about the economy this yr, with greater plans for hiring and investment and higher expectations for sales over the next six months, according to the Business Roundtable first quarter 2017 CEO Economic Outlook Survey. Click here to continue.
CIO/Health Information technology
These 10 People Are Helping Create the Hospital of the Future
Wired and HP have worked together to find 10 individuals who are rethinking the modern day hospital, whether through IT initiatives or improved means of waste management. Click here to continue.
Vanderbilt UMC Notifies 3,000+ Patients of Data Breach
Nashville, Tenn.-based Vanderbilt University Medical Middle is notifying 3,247 patients that their medical information was accessed by unauthorized individuals, according to The Tennessean. Click here to continue.
23 Ideas to Boost Cybersecurity at Your Hospital in the Adjacent 60 Minutes
Hospital and wellness system CIOs don't need to figure out how to implement a blockchain solution to raise cybersecurity at their organizations just yet — there are many simpler things they tin do commencement, according to HIMSS17 attendees. Click hither to continue.
xvi Statistics on Electric current Salary, Benefits for Wellness It Professionals
About wellness IT professionals earn betwixt $100,000 and $119,999 per yr, and 46 percent expect a pay raise over the coming year, according to Healthcare It Market Study 2017: Trends Edition, developed by Pivot Point Consulting, a Vaco Company. Click hither to go on.
Cybercriminals Sell EHR Databases for $500k Underground
The majority (65 pct) of victims of medical identity theft have to pay roughly $xiii,500 to address their situation, according to a Trend Micro report. But how much exercise criminals charge for the information? Click here to continue.
81% of Healthcare Organizations Will Increase Cybersecurity Spending This Yr
The majority — 81 pct — of healthcare organizations in the United states said they plan to increase cybersecurity spending in 2017, according to the 2017 Thales Data Threat Report, Healthcare Edition. Click here to go on.
Which Cities Have the Happiest CIOs?
A new survey from Robert Half Engineering outlined the 10 cities in America with the highest job satisfaction rates among CIOs. Click here to continue.
NIST: 'Copy and Paste' Function Can Atomic number 82 to Errors in EHRs
Overuse of the "copy and paste" function in EHRs may compromise the accurateness of patient information, according to a National Institute of Standards and Technology study. Click hither to continue.
50 Things to Know About athenahealth, Cerner, Ballsy, McKesson & Meditech
From an organisation founded in 1997 to 1 that has been around for nearly ii centuries, the major EHR vendors come in all shapes and sizes. Click here to keep.
Epic Unveils App Orchard for Tertiary-Party Developers
Ballsy Systems has officially launched its "App Orchard," an app store information technology first appear two years ago. Click here to continue.
752% Ransomware Increase in 2016 — iii Cyberthreat Trends to Know
In 2016, the number of ransomware families increased from 29 to 247, representing a growth of 752 pct, according to a Trend Micro report. Click hither to continue.
On Ransomware, FBI Director James Comey Has 2 Pieces of Advice for Providers
During a keynote speech on March eight, FBI Director James B. Comey took a moment to annotate on the cybersecurity landscape for healthcare providers, according to the National Law Review. Click hither to continue.
Cerner's Innovations Campus is Officially Open up
Subsequently a ribbon-cut ceremony on the morning of March 9, Cerner has officially opened its 290-acre Innovations Campus in Kansas Metropolis, Mo., according to The Kansas City Star. Click hither to go on.
CMO/Intendance Delivery
10 Best States for Healthcare, equally Ranked by US News
Massachusetts is the best state in the nation and the No. two state for healthcare, co-ordinate to U.S. News & Earth Report'due south inaugural Best States rankings released Tuesday. Click here to continue.
Hospital Floors Could Transmit Germs More Hands Than Previously Thought
Germs on hospital room floors tin move speedily to high-bear on surfaces so healthcare worker easily, thus making dirty hospital floors more of an infection risk than previously thought, according to a study in the American Periodical of Infection Command. Click here to go on.
Healthgrades Names 2017 Best Hospitals: 5 Things to Know
Healthgrades, an online resource for information on physicians and hospitals, named its list of America'due south 50 and 100 Best Hospitals for 2017 on Tuesday. Click here to continue.
WHO Ranks Earth'due south 12 Most Unsafe Superbugs
The World Wellness Organization on Monday identified 12 families of leaner that serve as the greatest threats to human health. The agency expressed an urgent need for drugmakers to develop new antibiotics to fight the bacterial threats, reports STAT. Click here to go along.
Study: Burned-Out Physicians Less Likely to View Medicine every bit Their 'Calling'
Physicians who experience more exhaustion are less likely to notice their work meaningful or view medicine as a calling, according to a new report in Mayo Clinic Preceedings. Click hither to continue.
Beware the Office Coffee Pot: 4 Everyday Surfaces Teeming With Bacteria
In the era of antibiotic resistant superbugs, information technology'south important to exist enlightened of the invisible bacteria that surrounds us every day. Click here to continue.
Survey: 24% of Hospital Staff Witness Expired or Recalled Production Used on a Patient
Supply concatenation improvements create better quality and promote patient safety, according to a new survey from Cardinal Health. Click here to continue.
Rude Surgeons May Also Exist Well-nigh Chancy: 5 Study Findings to Know
Patients seeing surgeons who elicit the greatest number of patient complaints are xiv pct more likely to feel complications within 30 days of a process than patients who see surgeons widely perceived as respectful, according to new research from Vanderbilt University Medical Center in Nashville, Tenn. Click here to continue.
10 States With Highest & Lowest RN Bacon
Registered nurses earn an average of $71,000 per year, co-ordinate to the Bureau of Labor Statistics. Click here to keep.
Physician-Rating Websites Take Serious Limitations, Study Finds
Nearly 60 pct of patients say online reviews are important to them when choosing a new physician, but co-ordinate to a research letter in JAMA, the websites unremarkably used past patients to observe a new clinician have significant limitations. Click here to continue.
Surgeon Donates Kidney to Swain Medico at Hoag
When anesthesiologist Brian Dunn, MD, went into liver failure last year, a fellow surgeon at Newport, Calif.-based Hoag Wellness Organization gave him an infrequent gift: a new kidney. Click here to continue.
The Power of an Apology Post-Medical Error: 5 Key Points
Many hospitals are doing away with the "deny and defend" model when it comes to medical errors and instead are opting for disclosing, apologizing and compensating for mistakes, co-ordinate to a Kaiser Health News report. Click here to continue.
An 'Eye-Opening' Experience: Canadian Physician Shadows Nurse for a 24-hour interval
A pediatrician at Stollery Children's Infirmary in Edmonton, Alberta, Canada, walked 12 hours in a nurse'south shoes as part of a fundraiser and team-building feel and gained some perspective on what nurses do day in and 24-hour interval out. Click here to keep.
Articulation Commission: 10 Most Common Scout Events of 2016
The 10 nearly common spotter events reviewed by the Joint Commission did not change much from 2015 to 2016 — but dialysis-related events and perinatal decease/injury fell off the list completely, and medication errors and criminal events took their places. Click here to continue.
New Information Shows Potential 100k+ Shortfall of Physicians by 2030: 8 Things to Know
The U.South. faces a shortage of 40,800 to 104,900 physicians past 2030 — though the shortage of physicians by 2025 is at present projected to be smaller than previous estimates, according to updated information from the Association of American Medical Colleges. Click here to continue.
Former Michigan Health Official Sentenced to Probation for Function in Flintstone Legionnaires' Outbreak
A erstwhile health official with the Michigan Department of Health and Human Services was sentenced to a twelvemonth of probation for failing to disembalm an outbreak of Legionnaires' illness to the public amid the Flint water crisis, according to CBS Detroit. Click here to continue.
Idea Leadership
7 Lessons on Supply Chain Direction From Intermountain's Richard Beach
Intermountain Health Care in Salt Lake City is widely known as a leader in supply chain — it was among the first round of health systems to implement its ain cocky-distribution network a decade ago, and Gartner named it the No. i healthcare supply concatenation in 2016. Click here to keep.
The Measure of a True Leader
How do you evaluate the touch of a healthcare leader? Of course, there are hundreds of metrics you might use, from cyberspace operating revenue to market share to the many quality awards and designations. Click here to continue.
5 Keys For Engaging the Millennials in Your Hospital'south Workforce
Employee appointment is one of the more high-stakes buzzwords circulating the healthcare industry. The prevalence of disengagement throughout the American workforce warrants major concern from hospital and health organisation leaders. Click hither to continue.
iv Questions With Chime-HIMSS CIO of the Year Pamela Arora
Pamela Arora is non only the senior vice president and CIO of Children's Health in Dallas — she was also named 2016 John E. Gall, Jr. CIO of the Year by CHIME and HIMSS. Click here to continue.
The Corner Office: OSF HealthCare CSO Michelle Conger on Enhancing the Humanity in Health System Strategy
As health systems increasingly embrace value-based payment models and population wellness, many have identified a demand to create new organizational strategies to propel them in the right direction. Click here to continue.
Source: https://www.beckershospitalreview.com/uncategorized/april-2017-issue-of-becker-s-hospital-review%20
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