Becker's Hospital Review

Becker's Hospital Review April 2015

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Save the date! Becker's Hospital Review 6th Annual Meeting — May 7-9, 2015 — Chicago. Please call 800-417-2035 to register. 6 April 2015 Vol. 2015 No. 4 www.BeckersHospitalReview.com Hospital Review EDITORIAL Molly Gamble / Editor in Chief, Becker's Hospital Review mgamble@beckershealthcare.com Laura Dyrda / Editor in Chief, ASC Review & Becker's Spine Review ldyrda@beckershealthcare.com Carrie Pallardy / Editor cpallardy@beckershealthcare.com Heather Punke / Editor hpunke@beckershealthcare.com Ayla Ellison / Editor aellison@beckershealthcare.com Kelly Gooch / Senior Writer/Reporter kgooch@beckershealthcare.com Shannon Barnet / Writer/Reporter sbarnet@beckershealthcare.com Elizabeth Earl / Writer/Reporter eearl@beckershealthcare.com Brandon Howard / Writer/Reporter bhoward@beckershealthcare.com Akanksha Jayanthi / Writer/Reporter ajayanthi@beckershealthcare.com Emily Rappleye / Writer/Reporter erappleye@beckershealthcare.com Tamara Rosin / Writer/Reporter trosin@beckershealthcare.com Anuja Vaidya / Writer/Reporter avaidya@beckershealthcare.com SALES & PUBLISHING Jessica Cole / President & CEO 312-505-9387 / jcole@beckershealthcare.com Katie Atwood / Vice President of Operations 219-746-2149 / katwood@beckershealthcare.com Maggie Wrona / Director of Sales/Strategy 847-533-4118/ mwrona@beckershealthcare.com Sarah Laeuchli / Strategic Account Manager 312-448-9237 / slaeuchli@beckershealthcare.com Maura Jodoin / Account Executive - Integrated Campaigns 708-822-1786 / mjodoin@beckershealthcare.com Matt Anderson / Assistant Account Manager 312-448-9245 / manderson@beckershealthcare.com Ryan Ciepley / Assistant Account Manager 312-448-9243 / rciepley@beckershealthcare.com Eliza Hinton / Assistant Account Manager 312-929-3493 / ehinton@beckershealthcare.com Sarah Lohr / Assistant Account Manager 312-448-9234 / slohr@beckershealthcare.com Ariel Leung / Assistant Account Manager 312-448-9235 / aleung@beckershealthcare.com Scott Jones / Assistant Account Manager 312-448-9244 / sjones@beckershealthcare.com Leah Fishbein / Client Strategy/Marketing Manager 312-448-9232 / lfishbein@beckershealthcare.com Margo Vieceli / Client Strategy Manager 312-448-9241 / mvieceli@beckershealthcare.com Emma Goodman / HR/Recruiting/Operations Coordinator 312-448-9239 / egoodman@beckershealthcare.com Meghan Kelleher/ Sales/Marketing and Account Coordinator 312-448-9235 / mkelleher@beckershealthcare.com Megan McCormack / Ad Operations/Marketing Coordinator 312-448-9246 / mmccormack@beckershealthcare.com Lauren Groeper / Senior Director of Events 630-639-7595/ lgroeper@beckershealthcare.com Jessica Miller / Director of Events 847-302-0303 / jmiller@beckershealthcare.com Natalie Leoni / Content/Operations Coordinator 312-448-9233 / nleoni@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 Becker's Healthcare Becker's Hospital Review Becker's Hospital Review FEATURES 7 Publisher's Letter Executive Roundtable 10 The Way We Work 15 100 Hospital and Health System CIOs to Know Financial Management 24 Kaiser Permanente Net Income Soars to $3.1B 24 Mayo Clinic Posts Highest Operating Margin in More Than 25 Years 26 Coming Soon: A Cleveland Clinic Health Plan? 28 Universal Health Services Q4 Net Income Soars 39% on Higher Volume 28 BJC HealthCare Operating Surplus Jumps 59% 31 Stagnation With a Chance of Decline: Healthcare's 5-Year Forecast 34 Moody's: PPACA Challenge Carries Significant Risk for Nonprofit Hospitals 36 How to Shatter the CFO Stereotype Executive Briefing: Simplifying Your EMR 39 How 'Leaning' Your EMR Improves Quality, Safety, Efficiency and Regulatory Compliance Hospital M&A 42 The Year of 95 Hospital Transactions 42 Tenet, United Surgical Partners Form JV 44 Ascension to Purchase Michigan Health Insurer 44 Prime Healthcare Continues Aggressive Growth Strategy CIO Roundtable 46 5 Hospital, Health System CIOs Discuss Talent Needs, Telemedicine, Goals and Challenges Health IT 50 The Healthcare CIO's Hiring Playbook 54 EHR Market Share Varies by Hospital Size 56 Epic Decoded: Life and Corporate Culture at the Center of the Health IT World 63 Interoperability: The New Meaningful Use? 66 Top 10 EHR Vendors by Overall Market Share 68 Top 4 Reasons CIOs Get Fired (And How to Avoid Them) 70 A Cheatsheet for 25 Health IT Terms Executive Roundtable 76 Aligning Your Workforce Strategy With Patient Outcomes Legal 80 Ebola Nurse Nina Pham Sues Texas Health Resources 80 Physician Assistant Impostor Treated 137 Patients Before Caught 82 Aetna Hits 'Hotel-Like' Hospital With $120M Kickback Lawsuit 84 Government Recovers $2B+ in Healthcare False Claims Actions 84 HCA Faces False Claims Lawsuit Over Unnecessary Heart Procedures Physician Affairs 86 Making the Case for Physician CEOs 90 The New Shortage Estimate: US Will Need Up to 90,000 More Physicians by 2025 92 How Hospitals Can Avoid Physician Impostors 94 Top 10 Medical Schools for Primary Care 94 Tulane to Offer Accelerated Dual MD-MBA Program 96 Physicians With Bad News Perceived as Less Compassionate, Study Finds 97 Becker's Hospital Review 6th Annual Meeting brochure Executive Briefing: Building and Supporting a Patient-Centered Culture 108 Do Your Talent Strategies Support a Patient-Centered Culture? 4 Keys to Success Leadership & Management 111 5 Pitfalls to Avoid in Managing the Cultural Aspect of Health System Integration 114 Academic Medicine's Gender Gap 115 Hospital CEO Turnover Down From 2013's Record High 116 How 15 Hospital, Health System CEOs Revitalize Themselves 117 Notes from ACHE: 13 Skills Every Healthcare Leader Should Possess Strategy 118 7 Strategies for Health Systems to Distinguish Themselves 119 RadioShack's Fall Highlights New Decisions for Hospitals 125 Chuck Lauer: Give Nurses Some Help With Their Heavy Lifts 127 The Corner Office: Catholic Health Initiative's Kevin Lofton on Dog and Pony Shows 128 Hospital & Health System Executive Moves 130 Hospital & Health System Transactions 132 Advertising Index 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

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