How is governing a health system different than governing a hospital? What principles make for excellent system oversight? Governance expert Jamie Orlikoff shares the fundamentals of health system governance in our latest course series. Watch the trailer now.
In this 6-part series, Dr. Brian Wong, physician, trustee, and CEO of the Bedside Trust discusses the definition of “culture” and how it pervades all levels of the healthcare organization. He challenges hospital leadership to examine the culture of their organization by asking themselves the question, “What business are we in?” Drawing from his experience […]
In this piece for new trustees, Bill Knowlton outlines the characteristics of a truly effective board and provides actionable steps for both management and board members to immediately improve and optimize board meetings.
In this piece for new trustees, Bill Knowlton outlines the characteristics of a truly effective board and provides actionable steps for both management and board members to immediately improve and optimize board meetings.
Balance sheet strength, measured on both an absolute and relative basis, as well as liquidity, significantly drives not-for-profit and public hospitals’ credit quality. Stock market growth over the last several years has been impressive. However, in keeping with historic trends, volatility—temporary market fluctuations or a short-term downturn—will trouble institutional investors in the near term, according […]
As the healthcare market expands and evolves, the inherent risks also are increasing. These risks include: The shift from volume to value The rise of the consumer and expansion of consumer options New payment models Mobile strategies New entrants An aging population Continued political and regulatory uncertainty Whereas hospitals/systems have traditionally done well at […]
Now that the iProtean, now part of Veralon Symposium has concluded and we have a rich source of new material from our experts for the upcoming courses, we will from time to time feature select abstracts from our experts’ interviews. Subscribers will see new courses such as Health Care: We Have a Problem; Doing More […]
The head of the U.S. Health and Human Services (HHS) said recently that the department will aggressively push to implement value-based payment, extending beyond ACOs and bundled payment initiatives. “ . . . we want to look at bold measures that will fundamentally reorient how Medicare and Medicaid pay for care and create a […]
“Hospitals will face greater competition, risk of volume declines and margin erosion as the nation’s largest commercial health insurers aggressively pursue growth strategies that are aimed at lowering healthcare spending,” according to Moody’s Investors Service. Insurers’ strategies include: Acquisition of physician groups Acquisition of non-acute care services Tougher contract negotiations Greater restrictions on […]
The American Health Lawyers Association released its list of the top 10 healthcare issues for 2018. Not surprisingly, healthcare reform and the status and future of the Affordable Care Act (ACA) came in first. Emergency preparedness, telemedicine and digital health and the opioid epidemic also made the list. The full list appears below, followed by […]