Tag Archives: Health System
Patient experience a key driver in profit margin growth for hospitals, Accenture says
Hospitals delivering superior customer experiences saw net increases that were 50 percent higher than average performers, study says.
17 recent hospital outlook and credit rating actions
This CNIO is a Nurse First
Once on track to be a CNO, Amy Rosa took an unexpected detour to becoming a nurse leader and now uses her clinical experience, collaboration skills, and knowledge of informatics to affect patient outcomes as a CNIO.
Scripps begins to stabilize as it undertakes restructuring
Scripps Health’s operating performance is starting to stabilize as the San Diego-based system takes steps to get its costs under control. The four-hospital group is restructuring and plans to eliminate about 100 jobs. Scripps CEO Chris Van Gorder notified employees in a memo earlier this year that the job cuts will come mostly from management and administration. The system spent nearly $2.4 million on restructuring costs in the quarter ended March 31, according to its quarterly earnings report.
Healthcare Triage News: Pay for Performance in Medicine: It Doesn’t Work
Healthcare Triage News: Pay for Performance in Medicine: It Doesn’t Work
“Pay-for-performance” is an umbrella term for initiatives aimed at improving the quality, efficiency, and overall value of health care. These arrangements provide financial incentives to hospitals, physicians, and other health care providers to carry out such improvements and achieve optimal outcomes for patients.
Gundersen Health chiefs blast Health Affairs study that dubbed nonprofit hospital most profitable
CEO and CFO say data was incomplete and taken from a Medicare cost report that failed to accurately incorporate their full array of costs.
Hospitals work to fine-tune payer mixes, but finding savings is no easy task
For systems with more traditional payer mix scenarios, increasing the share of commercial business can be a boon.
Employing Docs is Not a Financial Drag, CEOs Insist
A recent Moody’s report contends that hiring physicians comes with a financial penalty. That may be true, but simple accounting misses the point entirely, some CEOs say.
Two-midnight rule coming to an end; hospitals in line for one-time payment
Hospitals instead will receive a one-time payment of 0.6 percent next year to offset the 0.2 percent reduction implemented from 2014 through 2016.
HENRY KOTULA 