Financial Oversight
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Forward-thinking health care organizations are exploring alternative revenue sources, with many recognizing philanthropy as a pivotal opportunity.
When announcing a new health care company formed by Amazon, Berkshire Hathaway and JPMorgan Chase, Warren Buffett didn’t mince words about the rationale: “The ballooning costs of health care act as a hungry tapeworm on the American economy.”
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.
An organization's success often comes down to leadership. And it's not just top executives who provide it — trustees have a pivotal role to play, too. Even as they fulfill their oversight obligations, board members can set direction, often with the help of lessons…
We all know the devastating effect that violence can have on our communities, but its impact on hospitals is less widely known.