Articles
Governance Effectiveness, Strategic Planning, Issues & Trends
AHA President to Retire in 2015
American Hospital Association president and CEO Rich Umbdenstock announced that he will retire at the end of this year. The AHA board of trustees has formed a search committee and engaged Korn Ferry to conduct the search for his successor. AHA Chair-elect Jim Skogsbergh, president and CEO of Advocate Health Care in Illinois, will lead the search committee. Umbdenstock has led the AHA since Jan. 1, 2007. www.aha.org
Financial Oversight, Rural issues
Hospital Financial Indicators
For urban, teaching and system-affiliated hospitals, the median is 49 days, and for rural hospitals, the median is 52 days, according to data from the 2013 AHA Annual Survey of Hospitals and the Healthcare Cost Report Information System maintained by the Centers for Medicare & Medicaid Services. Days in net patient accounts receivable measures how long it takes for a hospital to collect payments and provides a window into the efficiency of the organization’s revenue cycle.