Becker's Hospital Review

Save the Date: Becker's Hospital Review CEO Strategy Roundtable - Nov. 5, 2014 - Chicago 52 Answering the call of hospital and medical staff leaders We're not exactly superheroes. But we help hospitals to confront challenges and achieve excellence every day. Just a phone call away, we're ready to partner with your forces to tackle whatever you're facing with efficient, powerful, bullet-proof solutions. Got compliance concerns? Physician-related problems? Credentialing or quality conundrums? Call The Greeley Company. What we do Our work with hospitals nationwide targets both traditional and contemporary challenges in the following three core areas: 1. Medical Staff Optimization & Physician Alignment 2. Compliance, Accreditation & Quality 3. Credentialing & Privileging 888-749-3054 info@greeley.com www.greeley.com Typical outcomes • Quality improvement • Cost reduction and improved margins • Accreditation and regulatory compliance • Physician engagement • Process optimization Outsourcing Solutions Interim Staffing External Peer Review Leadership Seminars & Onsite Education Consulting 3. Kaiser Permanente has an annual operating revenue in excess of $50 bil- lion. In fiscal year 2013, net income at Kaiser Foundation Hospitals, Kaiser Foundation Health Plan and all other subsidiaries within Kaiser Permanente increased 3.4 percent to almost $2.7 billion. 4. Each independent Permanente Medical Group operates as a for-profit or- ganization, though the dominant payer for each is its respective Kaiser Foun- dation Health Plan division. On Oct. 1, 1945, the Permanente Health Plan officially opened to the public. Within 10 years, enrollment had surpassed 300,000 members. 5. During the Great Depression, Contractors General Hospital, the small 12- bed desert hospital that was the seed for Kaiser Permanente, was one of the first providers in the country to engage in prepayment with insurers. Late insurance reimbursements and a significant number of uninsured patients compelled the hospital, which treated mainly construction workers, to collect a fixed amount per day per worker to cover services. Initially, this amount was five cents per worker per day. 6. Henry J. Kaiser, an industrialist, recruited Sidney Garfield, MD, the founder of Contractors General Hospital to provide the same form of prepaid health- care to his workers, establishing the integrated system that would become Kaiser Permanente. 7. From 2007 until his retirement in 2013, former CEO George Halvorson personally wrote an email every Friday to all of the organization's employees celebrating Kaiser Permanente's successes, awards and milestones. 8. By 1973, a computerized medical record existed for all Kaiser Permanente patients. Today, 37 Kaiser Permanente hospitals have reached HIMSS Analyt- ics stage 7. 9. Kaiser Permanente's Epic electronic health record system, KP HealthCon- nect, was deployed organizationwide over the course of six years at a cost of more than $4 billion (or about $444 per member). 10. In 2012, Kaiser Permanente invested approximately $2 billion into the community, mostly through investments in health research ($169.4 million). Speaking of research, approximately 2,000 studies involving Kaiser Permanente clinicians and researchers are underway at any given time. n 10 Things to Know About Kaiser Permanente (continued from page 30) until his retirement in 2013, former CEO george Halvorson personally wrote an email every Friday to all of the organization's employees celebrating Kaiser Permanente's successes.

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