HealthLeaders Media Finance - March 14, 2011 | Hospital Budgets React to Perfect Storm Created by Global Markets View as a Webpage | Subscribe for Free
Hospital Budgets React to Perfect Storm Created by Global Markets
Karen Minich-Pourshadi, Senior Editor

Strange weather events, major earthquakes, and governmental unrest may be adding costs to hospital and health system budgets. If supply prices increase enough, hospital finance executives may have to consider labor decreases to offset the rise, says one expert. [Read More]

  March 14, 2011

Editor's Picks
Bleeder to Feeder: How an ED Turned Its Business Around
The challenges at one Texas hospital's emergency department were numerous, but they all boiled down to a left-without-being-seen rate of 8-10%. Here's how hospital leaders re-engineered the department and its processes and stopped seeing business walk out the door. [Read More]
10 Ways CMS's Value-Based Purchasing Proposal is Flawed
A thicket of negative public comments on a government website points to problems with the Centers for Medicare and Medicaid Services' proposed regulations governing hospital inpatient value-based purchasing penalties. The AHA and many others say major parts of the regulations lack validity, and may even pose unnecessary risk to patients. [Read More]
MRSA No Reason for Doctors to Ditch the White Coat
In the land of Wimbledon, where tennis players must wear white at the All-England Tennis and Croquet Club's famous tournament, government agencies have instituted guidelines banning physicians from wearing traditional white coats and any long-sleeved garments in order to decrease the possible transmission of bacteria within hospitals. Essentially, the Brits determined that cuffs of long-sleeved shirts are bacteria carriers and should be excluded from hospitals. That got our columnist thinking, what is it with those white coats anyway? [Read More]
Rounds: Orthopedic Leadership Strategies: Engage, Measure, and Perform
Forward-thinking orthopedic leaders are ensuring high performance and coordination among a carefully constructed caregiver team. Those leaders are also exploring the right metrics to know whether the outcomes they are tracking are the most meaningful to patients. Join the executive and clinical leadership team from nationally renowned MemorialCare Health System and orthopedic innovator Marshall Steele, MD, on March 29 for a three-hour dive into essential orthopedic leadership strategy. [Read More]
Webcast: Boost Market Share with Your Oncology Services
Given the growing trend toward all-inclusive cancer centers, do you know how to differentiate your own oncology services to protect and grow your market share? Your oncology care is distinct. Its marketing should be, too. Join HealthLeaders Media on March 31 for this 90-minute Webcast, including Q&A and a case study, for valuable lessons from marketing leaders. [Read More]
Finance Forum
5 Ways to Maximize Profitability in Contract Negotiations
When providers are armed with the right information and resources, they can turn the negotiations around to capture all revenue rightly owed to them by payer organizations. Modeling technology, training investments, and financial forecasting are make-or-break process points to consider.

[Read More]
Sponsored Headlines
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Case Study: University College London Hospitals: UCLH had to adhere to the 18wkRTT requirements stated by the U.K. government. The BPM based Patient Tracking System (PTS) enabled them to better manage their clinical pathways and resources and also help improve patient experience by reducing uncertainty in the scheduling of treatments.

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Finance Headlines
Miami-Dade might not get anything for Jackson Health, expert says
Miami Herald, March 10, 2011
St. Vincent's deal would provide emergency care
The New York Times, March 11, 2011
10 Healthcare Reform Market Changes Affecting Physicians
HealthLeaders Media, March 10, 2011
Texas Children's Opens $220M West Campus Hospital
HealthLeaders Media, March 9, 2011
BCBSMA halts payments to directors
The Boston Globe, March 9, 2011
Pay may be hot issue, but other factors push harder on health costs
The Boston Globe, March 14, 2011
NH reviews nonprofit hospital CEO pay
New Hampshire Union Leader, March 14, 2011
Shares of HCA rise day after IPO
The Tennessean, March 11, 2011
Nurses' strike cost Washington Hospital Center $6M
The Washington Post, March 11, 2011
10 Ways CMS's Value-Based Purchasing Proposal is Flawed
HealthLeaders Media, March 10, 2011
Rounds: Orthopedic Leadership Strategies: Engage, Measure, and Perform
March 29, 2011
Webcast: Boost Market Share with Your Oncology Services
March 31, 2011
Patient-Centered Accountable Care
April 27, 2011
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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.
Audio Feature

Diana Petitti: Taking an Evidence-Based Approach to Public Health:
Diana Petitti is a strong proponent that the healthcare industry needs to constantly reevaluate its practices and treatments in light of new evidence. But changing the status quo is often easier said than done, she has learned firsthand. [Listen Now]
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