HealthLeaders Media Finance - May 2, 2011 | Putting Patient-Centered Care Into Perspective View as a Webpage | Subscribe for Free
Putting Patient-Centered Care Into Perspective
Karen Minich-Pourshadi, Senior Editor

If you aren't looking at your hospital or health system through the eyes of a patient, then no matter what your role in the C-suite, you're missing the future of healthcare. [Read More]

  May 2, 2011

Editor's Picks
5 Ways to Energize Your Patient Experience Strategy
In keeping with this week's column, I thought I'd call to your attention another column spotlighting where to find the financial benefits of the patient experience. I'll give you a hint, performance measures and quality are very important. [Read More]
Payroll May Be Healthcare's Biggest Cost Driver
One obvious cost driver we don't talk about much is the more than 14 million people who work in healthcare. Healthcare is labor-intensive, and labor is the highest single budget item for most healthcare organizations, grabbing about 60% or more of the budget at hospitals. Compensating 14 million people doesn't come cheap. [Read More]
Build Brainpower and Boost the Bottom Line
To stay atop your game, you need to know about the latest information and innovations your peers are using. HealthLeaders Media offers webcasts that will boost your brain power and ultimately build your bottom line; be sure to listen in to:
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.

Discover, Interact, and Optimize for Smarter Healthcare with BPM Powered by Smart SOA: This IBM® RedguideTM describes one of the most significant challenges in healthcare today: the need for healthcare providers to effect patient care positively and proactively in the face of increasing patient load and information overload. IBM WebSphere® business process management (BPM) powered by smart service-oriented architecture (SOA), or BPM powered by Smart SOA, has the potential to maintain the medical common body of knowledge. It also makes critical, current data available to practitioners in a manner that is consistent with the evidence-based, event-driven environment to which healthcare aspires. BPM powered by Smart SOA can also automate healthcare provider administrative and care delivery processes.

Finance Headlines
CHS Raises 'Best and Final' Cash Bid for Tenet
HealthLeaders Media, May 2, 2011
Albany-area hospitals OK'd for merger
The Albany Times Union, May 2, 2011
HRSA launches $12M rural health IT program
CMIO, May 2, 2011
API Healthcare, Kronos Halt Merger Plans
HealthLeaders Media, May 2, 2011
CHS Opens Another Defense of Medicare Admissions
HealthLeaders Media, May 2, 2011
Berwick Announces CMS Final VBP Rules
HealthLeaders Media, April 29, 2011
Billionaire physician-entrepreneur donates half of fortune to charity
Miami Herald, April 29, 2011
Medicare at heart of budget debate
McClatchy Newspapers, April 28, 2011
Webcast: Achieving Ambulatory Surgery Center Success in the Reform Era
May 11, 2011
Webcast: Ratchet Up Physician Referrals: Proven Methods & Measures
May 18, 2011
Rounds: Neurological Service Line Growth: Telestroke & Brain Tumor Innovations
May 18, 2011
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From HealthLeaders Magazine
In an ACO, Who's Accountable?
It can be the hospital, but health plans, physician practices and medical service organizations can also serve as the "accountable" party. [Read More]

Deep Insight:

Service Line Management
Rehab Hospitals Retooling
Larger, specialized facilities are focusing on longer-term care and specific illnesses. [Read More]

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

Tony West: Waging War on Medicare, Medicaid Fraud:
Tony West left a thriving private law practice to return to the Department of Justice as a political appointee when President Obama took office in 2009. Over the last year and half, the department has recovered more than $4 billion lost to healthcare fraud.[Listen Now]
Sponsor HealthLeaders Media Finance

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