Save the Date: Becker's Hospital Review CEO Strategy Roundtable - Nov. 5, 2014 - Chicago
6
June 2014 Vol. 2014 No. 6 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
Helen Gregg
Assistant Editor
hgregg@beckershealthcare.com
Carrie Pallardy
Assistant Editor
cpallardy@beckershealthcare.com
Heather Punke
Assistant Editor
hpunke@beckershealthcare.com
Ellie Rizzo
Assistant Editor
erizzo@beckershealthcare.com
Helen Adamopoulos
Writer/Reporter
hadamopoulos@beckershealthcare.com
Ayla Ellison
Writer/Reporter
aellison@beckershealthcare.com
Akanksha Jayanthi
Writer/Reporter
ajayanthi@beckershealthcare.com
Anuja Vaidya
Writer/Reporter
avaidya@beckershealthcare.com
SALES & PUBLISHING
Jessica Cole
President & CEO
Cell: 312-505-9387 / jcole@beckershealthcare.com
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Vice President of Operations
Cell: 219-746-2149 / katwood@beckershealthcare.com
Maggie Wrona
Director of Sales/Strategy
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Strategic Account Manager
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Assistant Account Manager
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Assistant Account Manager
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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 Stiltner
Conference Manager
Cell: 773-383-0618 /cbrett@beckershealthcare.com
Lauren Groeper
Senior Director of Events
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-
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Becker's Hospital
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Becker's Hospital
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FEATURES
7 Publisher's Letter
8 Recipients of the 2014 Becker's Healthcare Leadership Awards
CFO Roundtable
9 Hospitals Feeling the Squeeze: 4 CFOs on Today's Most Pressing Financial Issues
Financial Management
19 CMS: 25% of Physicians Account for Most Medicare Spending
19 The Costs of 10 Top Medicare Readmission Conditions
20 Moody's: Nonprofit Hospital Expenses Still Growing Faster Than Revenues
20 4 Key Recommendations for Improving Healthcare Price Transparency
20 OIG: Medicare Should Reduce HOPD Surgery Payments to ASC Rates
Executive Briefing: Bundled Payments
22 The Truth Behind Variation in Episode Payments
Clinical Integration & ACOs
29 AHA: Changes Need to Be Made to Medicare ACO Programs
30 Majority of Patients Veer Outside of ACO Networks for Specialty Care
30 Total Number of ACOs Tops 520
30 Fewer Hospitals, Health Systems Acquire Physician Groups
31 Becker's Hospital Review Annual CEO Strategy Roundtable Brochure
41 Dr. Toby Cosgrove: The Concepts Behind Cleveland Clinic's Success
Executive Briefing: Hospital-Physician Relationships
42 7 Tips on Avoiding, Resolving Hospital-Physician Conflicts
Hospital Management
46 Does CEO Tenure Affect the Value of Hospitals?
62 32% of CEOs Don't Think Their C-Suite is Built to Achieve Strategic Goals
62 In Hospitals, "Management by Walking Around" Can Do More Harm Than Good
63 Notes on Leadership: 15 Insights from Hospital & Health System CEOs
48 Why Some Health Systems Aren't "Systems" at All: Q&A With Dr. John Toussaint,
CEO of ThedaCare Center for Healthcare Value
49 8 Keys to Successful Health System Strategic Planning
50 6 Remarkable Quotes From Medical School Commencement Speeches
Transaction & Valuation Issues
52 9 Things for Hospital Boards to Consider in Transactions
54 20 Statistics on Hospital Transactions by Bed Count
54 FTC Blocks the ProMedica-St. Luke's Merger: 5 Things to Know
54 UPMC Sells Irish Hospital
Executive Briefing: Population Health Management
55 Maximize the Value of Population Management Programs With Advanced Analytics
Health Information Technology
59 12 IT Positions With the Largest, Fastest-Growing Salaries
59 10 Things to Know About Epic
60 Study: MU Attestation Not Associated With Care Quality
60 3 Insights From the First Industrywide Cyberattack Drill
60 Kaiser, Legacy Health, Others Join OpenNotes Initiative
Executive Briefing: Revenue Cycle
64 Improving Patient Collections at Children's Hospital Oakland
Beyond the Basics
68 10 Things to Know About HCA
69 10 Things to Know About UPMC
70 10 Things to Know About Mayo Clinic
71 10 Things to Know About the American Hospital Association
Executive Briefing: Ambulatory Surgery Centers
72 3 Essential Steps for Hospitals to Turn
Around Their Surgery Centers
74 5 Surgery Center Joint Venture Models
76 Chuck Lauer: For a Look at the Future,
Look to the Caymans
78 Quint Studer: Is Your Hospital a Great Workplace?
To Get the Answer, Look in the Middle
79 You Only Need to Do 4 Things to Be a Great
Leader, Study Finds
80 The Corner Office: Alan Channing of Sinai Health
System and His Favorite Audacious Notion
81 Hospital & Health System Executive Moves
81 Hospital & Health System Transactions
82 Advertising Index
Letters
to the Editor
Send your letters to the editor,
opinions and responses to:
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beckershealthcare.com
or Becker's Hospital Review
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Chicago, IL 60601
