Strategic Planning
Strategic Financial Planning: Winter 2017
November 10, 2016
2:52 pm
Sponsored by Kaufman Hall
Strategic Financial Planning subscribers can access the individual articles and web exclusives listed below.
Data Analysis
Price Transparency: Where Does the Hospital Industry Stand Today?
By Scott Houk and Jamie Cleverley
Two surveys reveal how hospital pricing transparency policies and trends have changed over a two-year period.
Collaboration
Leveraging the Lab to Achieve Strategic Objectives
By Laura Ramos Hegwer
Organizations like Henry Ford Health System are using technology and collaborative partnerships to showcase their labs’ value.
Capital Challenge
Schuylkill Health Faces the Future by Changing its Course
By Eb LeMaster and John Johnston
Healthcare system’s new strategic course included four major concurrent paths: performance improvement efforts, campus integration, search for a strategic partner, and two different debt financings.
Ethics
Connecting Executive Pay to Performance
By Marty Martin
Given the availability of clinical data, population health data, and financial data, it is now possible to determine if executive compensation plans are driving or blocking organizational performance.
First Person
CHECK Targets Chronic Care Costs for Children
An Interview with Molly Siegel by Ed Avis
A care coordination program targeted toward children with chronic conditions who are also on Medicaid aims to reduce healthcare costs and improve patient engagement and outcomes.
Planning Insights
Ensuring an Effective Approach to Budgeting
By Jeff Goldstein and Jay Spence
From our sponsor Kaufman, Hall & Associates
Having strict budget variance review processes facilitates meaningful conversations throughout the year and reduces the likelihood that spending will rise above budget targets.
Growth Strategies
Finding Value in Healthcare Innovation Centers
By Laura Ramos Hegwer
Henry Ford Health System is bringing new ideas to market through its innovation center, which is called the Innovation Institute.
Accountable Care
New Accountable Care Collaborative Shares Provider Stories
By Ed Avis
The Accountable Care Learning Collaborative is collecting case studies that illustrate how organizations are adopting accountable care. For example, one case study shares how the University of Texas Southwestern Medical Center tackled governance and physician engagement.
Finance at a Glance
Hospitals Lag in Value-Based Payment, But Plan for the Future
Although only one quarter of hospitals will meet CMS’s 2018 goal for value-based care, the majority are on track to increase value-based models within the next three years.
Healthcare Trends
By Don Briones
Health systems with strong market positions are offering their own insurance products or coordinating their clinical service offerings directly with employers.
Risk Radar
How to Manage Due Diligence for Cloud Service Provider Searches
By Louise Tokman
Hospitals can ensure safe transitions to the cloud through diligent, organized, and proactive cloud service provider searches. CFOs play a major role in the selection process by remaining vigilant on data security and regulatory compliance.
