Strategic Planning
The trend of CEOs being hired with business development and financial management expertise but no healthcare experience has spurred much discussion in the healthcare community. Healthcare Finance News talked to some "insiders" to get the pulse of the conversation.
Business intelligence software can turn your life around - or ruin it. It all depends on how carefully you choose and how well you fold these tools into your overall strategic plan.
China has a lock on U.S. medical supplies because of cheap labor and low production costs. In the quest for savings, we have put our healthcare system in jeopardy and left strategic supply just one policy shift away from a severe crippling.
Maryland officials have reached what analysts say is an unprecedented deal to limit medical spending and abandon decades of expensively paying hospitals for each extra procedure they perform. If the plan works, Maryland hospitals will be financially rewarded for keeping people out of the hospital.
Across the U.S., hospital costs are rising while revenue and patient volume are falling. Rural not-for-profit hospitals, in particular, face a challenging financial future, one in which some facilities might close or at least "go hungry."
Ten years ago, executives at MaineGeneral Health, a rural healthcare system consisting of several acute care hospitals, physician practices, outpatient facilities and homecare services in central Maine, knew they had a decision to make regarding two of their facilities: they could upgrade their buildings or start from scratch.
Since the passage of the Affordable Care Act, there’s been an industry focus on accountable care organizations. This movement towards ACOs has major market implications for providers that are considering joining the Medicare Shared Savings Program for the January 2015 start date.
Six months after merging to become the second-largest not-for-profit U.S. healthcare system, CHE Trinity Health is beginning to enjoy the strategic benefits promised by the union. The key factor driving the strategic rationale of the merger was the shared culture of both enterprises.
The march toward accountable care is reshaping the market for home care and hospice providers.
All the talk about moving healthcare reimbursement from volume to value sounds great, in theory. But how this shift takes place in practice is more complex than simply ending one form of payment and starting a new one.