Issue link: https://beckershealthcare.uberflip.com/i/170067
Special Section: Health Information Technology & Meaningful Use p. 16 INSIDE Health IT Roundtable: What Are the Biggest Health IT Issues Going Into 2013? p. 13 100 Hospital and Health System CIOs to Know View the Annual List of Leading CIOs p. 22 5 Areas Where Hospitals Can Spend Smarter p. 38 How Has the Rise of Physician Employment Changed Hospitals' Recruitment Strategies? p. 33 INDEX Executive Briefing: Selecting Top Talent p. 30 Physician-Hospital Relationships & ACOs p. 33 Finance, Revenue Cycle & ICD-10 p. 38 Transactions & Valuation Issues p. 40 Executive Briefing: Improving OR Efficiency p. 42 Hospital Review BUSINESS & LEGAL ISSUES FOR HEALTH SYSTEM LEADERSHIP February 2013 • Vol. 2013 No. 2 Disruptive Innovation in Healthcare: Examples From 3 Top Health Systems By Sabrina Rodak Significant changes are occurring throughout the healthcare industry. As hospitals and health systems develop their strategies, they need to determine how to adapt to these changes to be successful in an environment that is moving from fee-for-service payments to pay-forperformance models. Some organizations have opted to hold back and learn from others before making a risky investment or changing current systems. Others have engaged in disruptive innovation — a term coined by Clayton Christensen, the Kim B. Clark Professor of Business Administration at the Harvard Business School and thought continued on page 9 The Rise of Big Data in Hospitals: Opportunities Behind the Phenomenon By Kathleen Roney In and around the healthcare industry there has been a lot of talk about "big data" — very large sets of complex data that become difficult to process using database management tools. Big data is emerging in the industry because hospitals and health systems are collecting large amounts of data on patients every single day. The data comes for a variety of settings — clinical, billing, scheduling and so on. Unfortunately, in the past, a lot of that data was not leveraged to make patient care and hospital operations better. Recently, though, there has been a shift to change that. continued on page 10 How Can Retail Health Help Hospitals Meet Health Reform Goals? By Sabrina Rodak In 2011, there were 1,355 retail clinics in the United States; this number is expected to more than double to 2,854 by 2018, according to a report from GBI Research. In addition, the number of patients visiting retail clinics has jumped from 1.48 million in 2006 to 5.97 million in 2009 — more than a fourfold increase, according to a study published in Health Affairs. Hospitals and health systems are increasingly joining the growing trend of retail clinics by forming partnerships or creating their own retail clinics. The appeal of retail clinics for many hospitals is their ability to provide patients increased access to high-quality, low-cost care — the top goals under healthcare reform. Here are six ways hospitals can align a retail health strategy with healthcare reform goals. 1. Increase access to care. Hospitals can use partnerships with retail clinics as a strategy to increase both patients' continued on page 12 REGISTER TODAY! Becker's Hospital Review Annual Meeting CEO Strategy, ACOs, Physician-Hospital Integration, Improving Profits and Key Specialties Co-Chaired by Chuck Lauer and Scott Becker May 9-11, 2013; Chicago Westin Michigan Avenue, Chicago For more information and to register, visit: www.beckershospitalreview.com/4th-annualbeckers-hospital-review-meeting.html