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March 2014 Vol. 2014 No. 3 www.BeckersHospitalReview.com
Hospital Review
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
Senior Editor
bherman@beckershealthcare.com
Helen Gregg
Assistant Editor
hgregg@beckershealthcare.com
Heather Punke
Assistant Editor
hpunke@beckershealthcare.com
Helen Adamopoulos
Writer/Reporter
hadamopoulos@beckershealthcare.com
Akanksha Jayanthi
Writer/Reporter
ajayanthi@beckershealthcare.com
Carrie Pallardy
Writer/Reporter
cpallardy@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
Gabe Hendin
Assistant Account Manager
Cell: 312-929-3493 / ghendin@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 Commu-
nications. All rights reserved. Reproduction in whole or in
part of the contents without the express written permis-
sion is prohibited. For reprint or subscription requests,
please contact (800) 417-2035 or e-mail sbecker@becker-
shealthcare.com.
For information regarding Becker's ASC Review,
Becker's Hospital Review or Becker's Orthopedic &
Spine Review, please call (800) 417-2035.
@BeckersHR
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Send your letters to the editor,
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FEATURES
7 publisher's letter
13 200 statistics on physician Compensation
CFo Roundtable
16 CFO Roundtable: How Will 3 Major Changes for the Year Ahead Impact Finances?
Clinical integration & ACos
18 Stretching the Primary Care Continuum: Retail vs. Urgent Care
20 Pioneer, Shared Savings ACOs Save Medicare $380M
20 9 Rural Providers in Michigan, California and Indiana Form ACO
20 ACOs Take $4M of Startup Capital, Survey Finds
Executive Briefing: Hospital-ASC Joint Ventures
21 Challenges and Opportunities of Forming ASC Joint Ventures
25 Becker's Hospital Review 5th Annual Meeting Brochure
35 The Times Are Changing, But the Values Remain the Same
Executive Briefing: ICD-10
37 Coding Crunch: 7 ICD-10 Lessons From Cedars-Sinai
39 7 Common ICD-10 Errors for Hospital Coders
39 74% of Physicians Have Not Started ICD-10 Prep, Survey Finds
Financial Management
40 Focusing on the Patient, Not the Condition: What Hospitals Need to Know About Avoiding
Medicare Readmission Penalties
42 AHA: Hospital Medicare, Medicaid Payments Cut by $113B Since 2010
42 CMS Extends Transparency Movement to Physician Payment
42 The Growing Bottom Line: 16 Statistics on Profits by Hospital Bed Count
Executive Briefing: Primary Care
43 The Virtual Primary Healthcare Revolution: What Health Systems Need To Know
Health information technology
48 For CIOs, It's About More Than Money
48 Several Healthcare Organizations to Participate in First Industrywide Cyberattack Exercise
49 Measuring the Ripple Effect: Calculating the ROI of Health IT
Executive Briefing: Device Supply Chain Management
50 A 'Disruptive' Model: How Implant Partners is Shaking Up the Orthopedic Device Model
56 50 Rural Hospital CEos to Know
59 Chuck Lauer: How Disruptive Change is
Blurring the lines Between providers
and payers
60 The Corner Office: Dr. Mike Schatzlein of
saint thomas Health on Music and
Modern Medicine
61 Hospital & Health system Executive Moves
61 Hospital & Health system transactions
62 Advertising index
BECkER'S HOSPITAL REVIEw 2014 ADVISORy BOARD
Javon Bea, President and CEO, Mercy Health Systems
David Bernd, CEO, Sentara Healthcare
Teri Fontenot, President and CEO, Woman's Hospital
Pat Fry, President and CEO, Sutter Health
Steven I. Goldstein, President and CEO, Strong Memorial Hospital and Highland Hospital
Jeff Hillebrand, Former COO, NorthShore University Health System
Stephen Mansfield, PhD, FACHE, President and CEO, Methodist Health System
Chris Van Gorder, FACHE, President and CEO, Scripps Health
