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Hospital Review January 2015 • Vol. 2015 No. 1 10 Smartest Things People in Healthcare Do By Akanksha Jayanthi There is no one type of "smart." The adjective changes meaning based on its context, and even then there can be different kinds of smart. Street smart, book smart, financially smart. Healthcare is no exception: clinically smart, strategically smart, managerially smart. If you work in healthcare, there's always room to grow and learn and progress, no matter what types of smarts you have. Succeeding at Population Health Without an ACO: How Intermountain and Others are Doing It By Ayla Ellison With focus on achieving healthcare's triple aim, hospi- tals and health systems are looking to increase the qual- ity of care they provide and improve patient satisfaction while lowering healthcare costs. To help meet those goals, healthcare organizations are concentrating on improving population health, or the health outcomes of individuals within a particular group. As T.S. Eliot once said: "If you aren't in over your head, how do you know how tall you are?" Although hospital leaders may feel in over their heads most days, it helps to step back and take in the big picture. As detailed here, there are opportu- nities behind most obstacles facing hospitals in 2015. Population health. Population health was one of the biggest ideas in healthcare this past year, and it will likely maintain or gain momentum in the next few years to come. But de- spite the frequent use of the term in the healthcare bubble, population health is a multidisciplinary concept to be shared between public health agencies, social institutions and policymakers. Hospitals fit in there somewhere. De- fining that role is one of the ongoing challenges they will face in 2015. Hospitals' demand for population health expertise overwhelms the sup- ply. Nearly 60 percent of health system and hospital CEOs ranked population health as the hardest skill set to find within the broader healthcare field, continued on page 30 continued on page 16 continued on page 8 Inside: 50 of the Most Powerful People in Healthcare p. 20 10 Challenges and Opportunities for Hospitals in 2015 By Shannon Barnet, Molly Gamble, Heather Punke, Emily Rappleye, Ellie Rizzo and Tamara Rosin SAVE THE DATE! Becker's Hospital Review Annual Meeting May 7-9, 2015 Swissôtel - Chicago, Illinois 153 Great Health System Executives Speaking 119 Sessions - 212 Speakers To learn more visit www.BeckersHospitalReview.com To register, visit www.regonline.com/hospitalreview6thannualmeeting INDEX Table of Contents p. 6 CEO Roundtable p. 25 Clinical Integration & ACOs p. 30 Financial Management p. 33 Health IT p. 41 Leadership & Management p. 45 Hospital CFOs' Top Concerns From the transition to ICD-10 to ongoing pressure to merge or acquire, CFOs are certainly facing a myriad of challenges in 2015. p. 33 The Leadership Competency Test The demands on today's healthcare leader are more stringent than ever before. Do you have what it takes? p. 46 5 Management Mistakes to Avoid What might begin as an oversight can deeply hurt the sustainability of an organization. p. 45