Becker's ASC Review

February 2017 Issue of Becker's ASC Review

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39 HEALTHCARE NEWS Top 10 Paying US Jobs — Anesthesiologists Take the Lead at $335k By Mary Rechtoris CNN Money lists the following 10 highest- paying jobs based on median salary. 1. Anesthesiologist: $335,000 2. Radiologist: $316,000 3. Physician - General practitioner: $179,000 4. Petroleum engineer: $152,000 5. Dentist: $151,000 6. IT security director: $147,000 7. Pharmacy director: $144,000 8. Auditing director: $141,000 9. Division general manager: $135,000 10. Actuary: $132,000 n UMass Memorial Points to Epic Implementation for Drop in Operating Income By Ayla Ellison W orchester, Mass.-based UMass Memorial Health Care saw rev- enue increase in fiscal year 2016, but the system said costs as- sociated with implementing an Epic EHR system dragged down operating income. UMass Memorial recorded revenue of $2.4 billion in FY 2016, up 5.8 percent from the year prior. The financial boost was largely attribut- able to a 6 percent year-over-year increase in patient service revenue, which grew to $2.3 billion in FY 2016, according to recently released bondholder documents. The system ended the most recent fiscal year with operating income of $40.7 million, down from $72.2 million in FY 2015. The decline was largely attributable to $25 million in training and implementation costs associ- ated with its new Epic EHR platform. UMass Memorial officials announced plans to adopt Epic's EHR system in 2015. The project is expected to cost $700 million over a 10-year period. UMass Memorial CFO Sergio Melgar told the Boston Business Journal the system expects Epic training costs to be about $50 million in FY 2017, but "most of the impact will be in fiscal 2018 in the beginning [of the year]." UMass Memorial plans to go live on the new system in October, according to the report. n Trump Meets With Leaders of Mayo Clinic, Johns Hopkins, Partners and Cleveland Clinic By Ayla Ellison P resident-elect Donald Trump met with a group of health system CEOs Wednesday at his Mar-a-Lago estate in Palm Beach, Fla. ose who met with Mr. Trump in the closed- door session include Boston-based Partners HealthCare President and CEO David Tor- chiana, MD; Rochester, Minn.-based Mayo Clinic President and CEO John Noseworthy, MD; Baltimore-based Johns Hopkins Medi- cine CEO Paul Rothman, MD; and Cleveland Clinic President and CEO Toby Cosgrove, MD, according to e Washington Post. In a statement issued to Bloomberg aer the meeting, a senior transition official said the healthcare leaders and Mr. Trump discussed ways to overhaul healthcare for veterans, including options that would allow veterans to go to any hospital for care through a public-private partnership. A Partners HealthCare spokesman told Bloom- berg there were several issues discussed during the meeting with Mr. Trump, including healthcare quality, affordability and biomedical research. A Cleveland Clinic spokesperson con- firmed that message, saying the conversa- tion touched on "a broad range of healthcare topics," according to Bloomberg. Cleveland Clinic's Dr. Cosgrove has met with Mr. Trump on several other occasions, and the president-elect may be considering Dr. Cos- grove to lead the Department of Veterans Affairs. Mr. Trump also named Dr. Cosgrove to a panel that will advise the incoming president on how the government influences job and economic growth. In a statement issued to e Washington Post, Mayo said Dr. Noseworthy was invited to the meeting to "share his perspective on the future of healthcare delivery, research and excellence." Johns Hopkins, like the other three systems, provided few details about the meeting. In a statement issued to Bloomberg, Johns Hop- kins' Dr. Rothman said, "Johns Hopkins Medicine remains committed to improving health outcomes for patients, families and communities across the country." n

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