The 5 keys leaders need to transform their organization’s culture
More than simply updating office decorations or rewriting a mission statement, transforming a company's culture requires addressing deep-seated assumptions.
Healthcare finance professionals: Are you ready for the big wave of consumerism and transparency?
Healthcare organizations should avoid going into "protection mode" and actively respond to pressures from government, the private sector and patients to better serve patients while reducing costs of care.
Targeting deteriorating margins to preserve mission delivery
A tips-focused article about maintaining tight margin control to ensure an organization can successfully deliver on its mission statement. Includes lessons learned from a recent HFMA Strategic CFO Council meeting.
How healthcare finance leaders can coach operational leaders for better performance
Finance leaders increasingly have responsibility for supervising operational leaders within their organizations, and best practices in coaching can help them provide valuable guidance.
IMPACT: The qualities required to promote engagement in change initiatives in any organization
Philadelphia-based Main Line Health attributes the success of its Performance Excellence 2020 initiative in large part to the conceptual framework it used to design and implement the initiative.
Novant Health: Shared reading program is a novel way to influence culture
Novant Health in North Carolina uses a shared reading program to engage team members, with books chosen to support either a system initiative or personal development.
Why hospitals should focus on improving the value of care in the cardiac cath lab
Web special: Healthcare finance leaders should be aware of care protocols that can improve patient outcomes and satisfaction while reducing costs, particularly in high-cost services lines. One such protocol is the use of transradial access for patients undergoing percutaneous coronary intervention.
Healthcare Cost Containment: April 2019
Healthcare Cost Containment subscribers can access the individual articles and web exclusives listed below. Cost Transformation Boosting Accountability Helps ProMedica Save $108 Million in 2018 BY LAURA RAMOS HEGWER Each year, leaders at ProMedica set a 3 percent cost-reduction goal, which they believe is achievable and still has a significant impact on the bottom line. Margin…
Atrius Health: Experience with global-risk contracts paves way to success in new arrangement
Previous success in risk-based contracts will allow Atrius Health to thrive in its new global-risk arrangement with Blue Cross Blue Shield of Massachusetts, two of the provider’s leaders write.
Analysis: Advanced analytics company partners with Emory Healthcare
If healthcare providers are going to be successful in lowering the cost of healthcare, they may need to find a partner that can crunch the data to help them understand their cost to deliver care at the case/patient level.