Cover Story

HFM_March_CoverA New Model for Care: Population Management

In an era of value-based care, all providers should be taking steps toward population health management, industry thought leaders agree.

By Jeni Williams

 

Web Extra: Read a case study of how Scott & White Healthcare in Temple, Texas, has partnered with Walgreens to manage population health.


Features

The Healthcare Cost Curve can be Bent

If the healthcare industry is top check the steep rise in our nation’s healthcare costs, all stakeholders must work together to tackle the primary drivers of those high costs.

By Keith Moore, Katie Eyestone, Dean Coddington

 

A Better Approach to Cost Estimation

Improving cost estimating in cost centers where physicians have the most control of operating expenses can give hospitals better control of their strategic bottom line.

By Russ Richmond

 

Time to Raise the Standards for FANS

The quality of food and nutrition services should be a priority for hospital leaders, given the impact a high-quality food services program can have on patients’ satisfaction with a hospital.

By Lynne Jacoby, Brian Berger

 

Fast Tracking Hospital Construction 

Fast tracking a hospital construction project has the potential to reduce costs and enhance quality. 

By Andrew Quirk

Web Extra: Learn why failure of a building's skin, or envelope, is responsible for most callbacks for rework on any construction project.

To Remain Independent -Or Not? Strategies for Assessing Future Positions

Independent hospitals can follow a six-step process to reassess the viability of maintaining independence.

By Laca Wong-Hammond, Lorie Damon

 

Proposed Regs Address New Hospital Tax-Exemption Requirements

The proposed regulations regarding the Section 501(r) of the Internal Revenue Code provide important insight into the compliance challenges that may confront tax-exempt hospitals.

 By Richard Speizman, V.A. Moore, Alexandra Mitchell

 

ICD-10: 5 Steps to a Comprehensive Financial Impact Analysis

By taking time to practice ICD-10 coding now, in collaboration with payers, and to analyze the potential impact of ICD-10 on revenue, hospitals can support a smoother transition.

By Brian Levy


Focus Areas

Integration

The Value of Palliative Care

Even after years of existence, palliative care services continue to be unknown, underutilized, and/or misunderstood. 

By Donna Verret, Rose Rohloff

 

Cost and Quality

Integration Requires New Roles and Responsibilities

Accountable care organizations and population health management may require changes to the healthcare team, including new job descriptions.

By Kathleen Sanford

 

Physician Relations

Avoid Costly Mistakes of the Past

Hospitals can make physician relationships work without the financial losses that hospitals experienced when they tried physician employment in the past.

By Marc Halley


Columns

From the Chair

Four Powerful Forces

Healthcare providers are dealing with great uncertainty caused by four powerful forces: the ACA, the budget crisis, Americans’ pursuit of greater value in health care, and political polarization. 

By Ralph Lawson, FHFMA, CPA

 

From the President 

Alignment Is Coming

The push to contain costs in health care is bringing together the U.S. healthcare system’s three major groups—hospitals, physicians, and payers—more intensively than ever. By Joseph Fifer, FHFMA, CPA

 

From the Editor

A Sense of Direction

Amid the complexity and uncertainty of health care, having clear goals can help avoid unintended side trips. 

By Robert Fromberg, Editor-in-Chief

 

Eye on Washington

The Fiscal Cliff Resolution - One More Missed Opportunity to Reform Entitlements

Unless voters can understand how much entitlement spending will dominant total federal spending based on current forecasts, reform of the major entitlement programs remains an unlikely prospect.
By Gail Wilensky

 

Healthcare Value

Fixing Prices

New benefit designs have the potential to help healthcare organizations move toward a more rational pricing system.

By James Landman

 

Healthcare Reform

Taxation Without Representation

Although the inexorable increases in healthcare costs are to blame for Medicare’s financial woes, certain parts of the country consume considerably more Medicare services than others.

By William Weeks

 

Capital Finance

Hospital Capital Management: Using a REIT Strategy

Real estate investment trusts offer hospital CFOs a nontraditional, cost-effective option for meeting a portion of their organizations’ capital requirements.

By Jeffrey Cooper

 

5 Ways To...

5 Ways to Make Cost Accounting a Strategic Function in Hospitals

Learn five proven methodologies to make cost accounting efforts efficient and accurate. 

By Jay Spence

 

Data Trends

E&M Coding Levels for Hospital EDs, 2007-10

Analysis of E&M code utilization can disclose systematic undercoding or overcoding of ED encounters; the former can result in underpayment, while the latter can pose a compliance problem.

Etcetera

Member Spotlight:Rolling for a Strike

 

Executive Interview

Kerri Ruppert Schiller: Building a Future in Uncertain Times