Cover Features

HFM_Dec_coverLee Sacks, MD: Enhancing Quality is Good for Business

Lee Sacks, MD, executive vice president and chief medical officer at Advocate Health Care, discusses Advocate's focus on patient safety and quality.

 

Physician Alignment: The Right Strategy, The Right Mind-Set

By Gary Edmiston, David Wofford

Integration-economical and clinical-will be critical in an environment of lower payment rates and demand for improved outcomes and quality of care.

 


 

Special Section: Healthcare Reform

Preparing for the New Landscape of Payment Reform

By Patricia Tyson

With the emphasis on value-based health care under healthcare reform, hospitals will require a strategic approach to understanding the costs of care and improving care coordination among all parties. 

Web Extra: Preparing for the New Landscape of Payment Reform: Data Sources  

Preparing for Prometheus: An Interview with John Byrnes and Kevin Fosnocht

HFMA speaks with leaders from two organizations participating in the PROMETHEUS pilot about the planning requirements for particpation and perceived challenges and opportunities. 

 


Features

From Skepticism to Engagement

By Nancy Kane, Susan Madden, Candice Saunders

For one hospital, an OR patient flow improvement project proved to be a catalyst for a new level of physician-hospital collaboration, which will help the organization prepare for healthcare reform.

Structuring Competitive Physician Compensation Models

By Kim Mobley, Claire Turcotte

Healthcare financial executives need to understand valuation methodology to ensure legal and regulatory compliance when structuring physician compensation models.

Web Extra: Physician Compensation Arrangements: Stark Law Lessons Learned from Recent Government Action

Assessing the Benefits of Teleintensivist Coverage in the ICU

By Stuart H. Fine, Leif Loheide, Abby Swanson-Kazely, Richard L. Clarke, Kit Simpson

Telemedicine technology could, in certain markets, enable cost-effective and efficient delivery of scarce intensivist physician resources to more ICUs and to a greater number of critically ill patients.

Web Extra: Find a Tool for Determining the Feasibility of Establishing a Teleintensivist Program

Using IT to Drive Operational Efficiency in the OR

By Kermit Randa

Implementing an anesthesiology information system and redesigning work flow processes helped one hospital improve its operational efficiencies and the bottom line. 


 

Focus Area

Accounting

Emerging Accounting Trends Accounting for Leases  

By Robert Valletta, Brian Huggins

A proposed new model for lease accounting can have a significant financial impact on healthcare organizations. 

 


Columns

From the Chair

The Next Frontier

By Debora Kuchka-Craig, FHFMA

We should all be prepared to step up and cross the new frontier of online physician-patient communication.  

From the President

Election Aftermath

By Richard L. Clarke, DHA, FHFMA

Washington has not yet found the model for high-value healthcare delivery. But local innovators will likely be able to do so. 

From the Editor

Bad Decisions

By Robert Fromberg, Editor-in-Chief

Eye on Washington

Gridlock on the Beltway, More Gridlock in Congress

By Chad Mulvany

Leadership

Managing Risk Under Healthcare Reform

By Dan Mendelson, Erik Johnson

InsideIT

Keys to Successful EHR Implementation

By Margret Amatayakul

Strategy Challenge

What Would You Do? Should this Independent Hospital Affliate?

By Alan M. Zuckerman

Etcetera

Member Spotlight: Mission to Accomplish

Workplace Strategies: 6 Ways to  Demonstrate your Value in the Workplace

Executive Interview

NYC Health and Hospital's Corporation's Marlene Zurack on Healthcare Reform

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