Financial Management
Significant financial stresses and the impact of economic and market conditions on investment portfolios are leading more boards of top hospitals and systems to re-evaluate their financial governance.
When describing how care delivery differs under value-based payment versus traditional fee for service, Douglas Pogue, M.D., points to the way physicians’ mindsets are changing in the BJC Accountable Care Organization.
For all its challenges and complexities, health care transformation also presents tremendous opportunities for hospitals — and their boards.
One area in which this duality is playing out is population health management, increasingly important as value-based payment systems become…
Hospitals and health systems are continuously striving to reduce costs and improve the efficiency of care. It is useful to consider the impact of measuring the “total cost of care” on hospitals and health systems, as well as contemplate what steps health care leaders need to take.
Trustee talking points
Provider-sponsored health plans offer a good way for hospitals and health systems to take on risk as they move toward value-base care.
Trustees of nonprofit health care organizations appreciate that revenue from fee-for-service reimbursement has been the basis for keeping their institutions financially sustainable over many years. Such revenue has provided capital to start new programs, build facilities, recruit physicians and…
By now, every health care leader understands that the Affordable Care Act is catalyzing a complete transformation of the field, including reimbursement arrangements, business models and mechanisms for delivering care. This means that we can no longer look in the rearview mirror to inform future…
Trustee talking points
Provider-owned health plans are becoming more common as hospitals and health systems look for ways to manage value-based payment and assume risk.
Benefits of a POHP can be numerous, whether they be economic, clinical or strategic.
Hospitals and health systems have the ability to shape more effective health care through choices they make about managing their own employee health plans.
Michael Rowan, president and COO at CHI, describes how the large health system relies on partnerships to improve its operations, including in its health insurance and risk management. Rowan spoke with H&HN's Marty Stempniak at the 17th Annual Not-for-Profit Health Care Investor…