Issue link: https://beckershealthcare.uberflip.com/i/790284
48 48 CEO/STRATEGY The $5k C-Suite Physical: 5 Things to Know About Hospitals' Increasingly Popular Offering By Ayla Ellison M any major health systems across the U.S. are offering executive health programs designed to allow busy members of the C-suite to undergo a battery of tests in a relatively short period of time, according to Bloomberg Businessweek. Here are five things to know about executive health programs. 1. Through Rochester, Minn.-based Mayo Clinic's program, executives spend two days undergoing a series of tests and meeting with several specialists. If the appointments were to be attended individually, rather than grouped together for the program, it would take two months or longer to complete them all, according to the report. 2. Out-of-pocket costs for the program at Mayo Clinic are about $5,000, and many executives and their companies are willing to foot the bill for the convenience the program offers. 3. Mayo Clinic had about 10,887 executive health program admissions in 2011, and that number grew to 17,667 in 2015, according to the report. 4. Although the program's major benefit to executives is the amount of time they save cramming all of the appointments and exams into two days, their employers also benefit from executive health programs as most executives provide autho- rization for their test results to be shared with their employers. 5. Mayo Clinic isn't the only major system that has launched an executive health program. Cleveland Clinic, Massachusetts General Hospital in Boston, Johns Hopkins Hospital in Balti- more and UCLA Medical Center also offer similar programs, according to the report. n Broward Health Hires Kaufman Hall Amid Financial, Leadership Troubles By Ayla Ellison F ort Lauderdale, Fla.-based Broward Health retained Kaufman Hall & Associates, a provider of strategic, capital, financial and transaction advisory services and software tools, to assess the system's financial health and provide guidance to help the system meets its strate- gic goals. Broward Health hired Kaufman Hall following more than a year of management and legal issues. In Septem- ber 2015, Broward Health entered into a $69.5 million settlement to resolve allegations it violated the False Claims Act by engaging in improper financial relation- ships with physicians. In January 2016, Broward Health President and CEO Nabil El Sanadi, MD, committed sui- cide, and the system is struggling to find a replacement. The Broward Health board decided to delay the CEO search indefinitely in October after reading a report from a firm hired to assess the system's procedures, policies and operations. In December, the board voted to remove in- terim CEO Pauline Grant from her position after an inde- pendent counsel review showed potential anti-kickback vi- olations. Ms. Grant subsequently sued the hospital district. Broward's current interim CEO Kevin Fusco expressed optimism about the system's future and its work with Kaufman Hall. "Like all of today's successful healthcare systems, we recognize the need to look closely at how we best steward our resources so we can be most effective in our delivery of care to the community," he said. "Im- proving our organization with best practices will allow us to better serve our patients and grow where necessary." Kaufman Hall expected to start its work with Broward Health in February. n What Keeps CEOs Up at Night? 5 Survey Findings By Tamara Rosin F ear of a global recession is the No. 1 con- cern among CEOs around the world, ac- cording to a Conference Board survey of 555 CEOs worldwide. Fortune notes that the survey was adminis- tered before the election of President Donald Trump, so it is impossible to say how CEOs' fears might have changed in response to re- cent actions the new president has taken. Here are five more findings from the survey, as reported by Fortune. 1. CEOs' second most pressing concern is de- veloping the next generation of leaders who have the skills to remake the business. 2. Only one-third of the survey respondents think failure to embrace the digital transfor- mation will damage their ability to compete in the next two years. However, most respon- dents (two-thirds) agree technology is critical to long-term success. 3. e third biggest concern keeping CEOs up at night is cybersecurity. Even as they under- stand the need to integrate new technology, most leaders worry about how to keep their information systems secure. 4. In the U.S., CEOs' top worry is the ability to retain and attract premier talent, which could help explain many corporate CEOs' re- actions to President Trump's executive ban that severely restricts travel and immigration to the U.S. from seven Muslim-majority coun- tries in the Middle East, according to Fortune. 5. Fear of terrorism increased from the prior year among CEOs in the U.S. and Europe, but is less prevalent in Asia and Latin America. In- equality is also a growing concern among Amer- ican CEOs, more so than things such as slower growth in emerging markets and outdated U.S. infrastructure, according to the report n