HealthLeaders Media Finance - July 19, 2010 | What's Next for the 'Un-Payment' System? View as a Webpage | Subscribe for Free
What's Next for the 'Un-Payment' System?
Karen Minich-Pourshadi, Senior Editor-Finance

The nation's healthcare system has four overarching goals: wellness, high-quality care, access to care, and a stable health system. Most healthcare providers wouldn't argue, however, that there's a fifth goal? getting paid fairly for the care that's given. [Read More]
  July 19, 2010

Editor's Picks
How Do Hospital CEOs Feel About the Healthcare Economy?
The majority of CEOs, representing a broad swath of industries, expect to increase their companies' profits in the next year, a Conference Board study says. Can the same level of confidence be found in the hospital sector? Our own survey results specifically for hospital CEOs won't be out for a few months. But that doesn't mean we can't have a little fun guessing what the prevailing attitudes are right now. [Read More]
Peak Performance: Ensure that your revenue cycle operates at its highest level, even during lean times
It's said that what doesn't kill you makes you stronger. Healthcare providers have faced a difficult operating environment over the past two years and bear the fiscal scars to prove it. The Healthcare Financial Management Association queried hospitals to gauge what effect greater numbers of uninsured and underinsured individuals are having on their operations. Not surprisingly, 97% of respondents indicated that self-pay receivables increased over the previous fiscal year, with approximately 33% experiencing overall increases in self-pay balances of 10% or more. Find out what else this survey has to say and learn more about taking your revenue cycle to a better place. [Read More]
Winners and Losers in HHS Final Meaningful Use Rule
There were a number of changes from the proposed to the final version of HHS' meaningful use rule?requirements that will qualify hospitals and physician practices for federal reimbursements for electronic health records and other IT initiatives. The HHS meaningful use final regulations announced Tuesday specify what physicians and hospitals will have to do to receive a share of up to $27 billion in bonus Medicare payments for adoption of electronic health records over the next ten years. Eligible professionals can get up to $44,000 under Medicare and $63,750 under Medicaid, and hospitals may receive millions of dollars for implementation and meaningful use of certified EHRs under both Medicare and Medicaid. Find out how things breaks down for four groups of stakeholders. [Read More]
Finance Forum
Tort Reform: Has it Helped the Medical Community?
Much has been made over the past couple of years nationally regarding individual state's various versions of tort reform. Many in the healthcare industry have probably asked whether it has done much to negate lawsuits, lower medical malpractice premiums and positively impact the medical environment. With the recent health care bill doing very little to help with tort reform and hence encouraging fewer lawsuits, individual state's tort reform legislation could be more important than ever. [Read More]

Trends In the Evolution of Healthcare Consolidation Transactions
As the medical provider community continues aligning toward clinical integration, and with the passing of healthcare reform—which is certain to change the industry forever—hospitals, health systems, and medical groups are looking to new alternative efforts to stay ahead of the curve, despite all of the changes happening around them. One of the results of these trends has been a boom of consolidation spurring mergers and other transactions, as many organizations consider these strategies that were in many cases not available previously. [Read More]
Finance Headlines
Fewer Medicare Patients for Specialists Due to Consult Code Cuts
Cheryl Clark, for HealthLeaders Media, July 19, 2010
Biden Says Finance Law Removes Uncertainty for Market
Bloomberg BusinessWeek, July 19, 2010
Insurers Push Plans That Limit Choice of Doctor
The New York Times, July 17, 2010
Healthcare investors expect an increase in M&A activity
Healthcare Finance News, July 15, 2010
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From HealthLeaders Magazine
Nursing's Growing Role
The new focus is on nurse-led care delivery systems and harnessing the economic power of nursing. [Read More]
Service Line Management
On the Spectrum
The lack of care coordination for those with autism is costly for patients and providers alike. [Read More]
Money Talk

A look at one hospital's struggles to improve

Willis-Knighton Health System, Shreveport-Bossier City, LA
Rating: A
Outlook: Stable
Affected Debt: $198.65 million
Agency: Standard & Poor's
Remarks: The raised rating from A- is based on WKHS' solid operations that continue to strengthen, its improving balance sheet, and overall sound business position.
[Read More]
Audio Feature

Boost Patient Satisfaction Via Patient Flow: Denice Soyring Higman discusses how hospitals can boost patient satisfaction with simple patient flow changes. [Listen Now]
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May 13: Integrated Compensation Plans to Enhance Physician Performance
May 19: Five Proven Steps to Improve Patient Satisfaction Scores
June 2: Seamless Systems of Care: Better Alignment, Coordination, and Outcomes
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