HealthLeaders Media Finance - June 20, 2011 | How to Start Trimming Labor Costs View as a Webpage | Subscribe for Free
How to Start Trimming Labor Costs
Karen Minich-Pourshadi, Senior Editor

Payroll leaks are the unintentional overspending on labor through lost productivity or unnecessary overtime?and they are good place to look for little losses that add up. Working together, finance and human resource leaders can make a big difference. [Read More]

  June 20, 2011

Editor's Picks
PODs Spark a Political War
At this point, the matter of physician owned distributorships is another Washington D.C. tale of political intrigue. The Senate Finance Committee is looking into PODs, signaling what may be an all-out government assault on the highly controversial practice, with questions about the role of physicians and medical device chains, and opposing high powered law firms in the fray and big-buck physicians as big targets. [Read More]
Nonprofit Hospital Donations Up 8% in FY2010
The nation's nonprofit hospitals collected $8.26 billion in philanthropic donations in fiscal year 2010, not as high as pre-recession levels, but trending strongly upward, an Association for Healthcare Philanthropy report says. [Read More]

House Calls 2.0 Come Knocking
The house call is an idea whose time may have come -- again. As you know, long before health insurance, HMOs, capitation and Medicare, much of medicine depended on the house call. It was a simple, all-cash (or barter) business. But gradually, as more employers began to provide healthcare benefits in lieu of raises to their employees, the practice faded away. Those days are long gone now. [Read More]

Webcast: Cultivating Physician-Hospital Alignment in the ACO Era
Date: July 20, 2011
About: Integration will be the key to success in the accountable care era, whether your organization develops an official ACO or not. Organizations must develop strong relationships with employed and affiliated physicians. Join us to get alignment strategies to thrive in an increasingly integrated industry.
[Read More]
THIS WEEK -->> Webcast: Transform Your ED into a Profit Center
Date: June 23, 2011
What: Get in-the-trenches management tools and techniques to grow your ED's bottom line. Learn how Heartland Health revamped processes and increased revenue from $15 million to $33.5 million and turned its ED into a profit center with a 40% margin.
[Read More]

Finance Forum
Healthcare Equipment Acquisition in an Improving Economy
Equipment financing, particularly of information technology such as electronic medical records, is a key acquisition strategy. An expert explains how healthcare organizations can strategically leverage their equipment financing.

[Read More]
Finance Headlines
Pardee Hospital Affiliates with UNC Health
John Commins, for HealthLeaders Media, June 20, 2011
Ex-Lawmakers Spar at AHIP Conference
Margaret Dick Tocknell, for HealthLeaders Media, June 17, 2011
Healthcare Cost Growth Deceleration Continues
John Commins, for HealthLeaders Media, June 17, 2011
MedPAC Urged to Reconsider Imaging Reimbursement Cuts
John Commins, for HealthLeaders Media, June 20, 2011
Lifespan ordered to pay $14.2M to Tufts Medical Center
The Providence Journal, June 15, 2011
Healthcare Partnership Targets KY's Medically Underserved
John Commins, for HealthLeaders Media, June 15, 2011
Doctors given exclusive deals at Kettering Medical Center
Dayton Daily News, June 14, 2011
Rounds: The Real Value of ACOs
August 16, 2011
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From HealthLeaders Magazine
Will Margin Change at Nonprofits Affect Mission?
The ACA's financial impact on nonprofit hospitals is explored. [Read More]

Deep Dive:

Service Line Management
Women's Cardiac Care
Healthcare leaders are making a push to improve women's heart health by focusing on the differences between men and women and develop niche programs in women's health. [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

ACO Appeal for Hospitals Needs a Boost
Stephen L. Mansfield, PhD., president and CEO of Methodist Health System in Dallas discusses what needs to happen to get hospitals excited about ACOs and what it will take to make ACOs sustainable. Sponsored by Emdeon. [Listen Now]
Sponsor HealthLeaders Media Finance

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