Becker's Hospital Review

Becker's Hospital Review December 2013

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6 Sign up for the COMPLIMENTARY Becker's Hospital Review CEO Report & CFO Report E-Weeklies at www.BeckersHospitalReview.com or call (800) 417-2035 Hospital Review December 2013 Editorial Lindsey Dunn Director of Editorial Operations, Becker's Healthcare Editor in Chief, Becker's Hospital Review ldunn@beckershealthcare.com Laura Miller Editor in Chief, ASC Review & Becker's Spine Review lmiller@beckershealthcare.com Molly Gamble Managing Editor mgamble@beckershealthcare.com Bob Herman Editor bherman@beckershealthcare.com Helen Adamopoulos Writer/Reporter hadamopoulos@beckershealthcare.com Helen Gregg Writer/Reporter hgregg@beckershealthcare.com Heather Linder Assistant Editor hlinder@beckershealthcare.com Carrie Pallardy Writer/Reporter cpallardy@beckershealthcare.com Heather Punke Assistant Editor hpunke@beckershealthcare.com Ellie Rizzo Writer/Reporter erizzo@beckershealthcare.com Anuja Vaidya Writer/Reporter avaidya@beckershealthcare.com sales & publishing Jessica Cole President & CEO Cell: 312-505-9387 / jcole@beckershealthcare.com Katie Atwood Vice President of Operations Cell: 219-746-2149 / katwood@beckershealthcare.com Maggie Wrona Director of Sales/Strategy Cell: 847-533-4118/ mwrona@beckershealthcare.com Sarah Laeuchli Strategic Account Manager Cell: 312.448.9237 / slaeuchli@beckershealthcare.com Maura Jodoin Assistant Account Manager Cell: 708-822-1786 / mjodoin@beckershealthcare.com Margo Vieceli Assistant Account Manager Cell: 847-544-8304 / mvieceli@beckershealthcare.com Leah Fishbein Ad Operations/Marketing Coordinator Cell: 312-448-9232 / lfishbein@beckershealthcare.com Gina Sparacino Sales/Marketing Coordinator Cell: 312-448-9245 / gsparacino@beckershealthcare.com Cathy Brett Conference Manager Cell: 773-383-0618 /cbrett@beckershealthcare.com Lauren Groeper Account/Events Manager Cell: 630-639-7595/ lgroeper@beckershealthcare.com Jessica Miller Director of Events Cell: 847-302-0303 / jmiller@beckershealthcare.com Scott Becker Publisher sbecker@beckershealthcare.com Becker's Hospital Review is published by ASC  Communications. All rights reserved. Reproduction in whole or in part of the contents without the express written permission is prohibited. For reprint or subscription requests, please contact (800) 417-2035 or e-mail sbecker@beckershealthcare.com. For information regarding Becker's ASC Review, Becker's Hospital Review or Becker's Orthopedic & Spine Review, please call (800) 417-2035. Vol. 2013 No. 12 www.BeckersHospitalReview.com features 7 17 Publisher's Letter 300 Hospital and Health System Leaders to Know Clinical Integration & ACOs 23 Factors Associated With ACO Formation 3 23 Study: Patient-Centered Medical Homes Have Higher Operating Costs, Revenues 23 Study: 5 Drivers of Physician Satisfaction 24 Accountable Care Organizations and Market Share: Could Care Coordination Drive Monopolization? 26 Countdown to the Biggest Year of Healthcare Reform: AHA President and CEO Rich Umbdenstock Discusses Challenges, How Hospitals Will Adjust Executive Briefing: Reducing Hospital Readmissions 29 5 Steps for Reducing Inappropriate Hospital Readmissions 33 Becker's Hospital Review 5th Annual Meeting Brochure Transaction & Valuation Issues 43 Healthcare Merger and Acquisition Activity Up 20% Q3 43 oody's: 5 Key For-Profit Hospital Consolidation Trends M 43 enet Closes on $4.3B Vanguard Acquisition T Executive Briefing: Employee Leasing Agreements 44 7 Key Components of Employee Leasing Arrangements HIT 47 Observations About the EHR Market in 2013 and Beyond 3 Executive Briefing: Enterprise Imaging 49 The New World of Visual Healthcare Enterprise and Regional Imaging Optimizes the EHR Finance, Revenue Cycle & ICD-10 50 FOs as "Chief Flight Officers": CHE Trinity Health's Ben Carter on Financial C Leadership Today 51 Lowe's, Wal-Mart Strike Deal With 4 Hospitals for Hip, Knee Replacements 51 S&P: Financial Profiles of Lower-Rated, Small Hospitals Will Weaken Executive Briefing: ICD-10 53 he Financial Risks of Transitioning to ICD-10: Key Considerations for Hospitals T and Health Systems 56 The Power of Priorities: How Hospital Leaders Can Regain Control of Their Time 58 Chuck Lauer: Why Workplace Incivility Isn't Just a Problem for HR 59 Hospital & Health System Executive Moves 60 Hospital & Health System Transactions 62 Advertising Index @BeckersHR Becker's Hospital Review Letters to the Editor Send your letters to the editor, opinions and responses to: editorial@beckershealthcare.com or Becker's Hospital Review 35 E. Wacker Dr. Suite 1782 Chicago, IL 60601 Becker's Healthcare Becker's Hospital Review

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