Strategic Planning

Strategic Financial Planning: Spring 2017

February 15, 2017 1:35 pm

Strategic Financial Planning subscribers can access the individual articles and web exclusives listed below.

Capital Budgeting & Allocation

RWJBarnabas Health Transforms Its Equipment Replacement and Service Strategy

By Laura Ramos Hegwer

New processes, coupled with decision-support software, have helped New Jersey’s largest health system save on equipment service and better plan for equipment replacement.

Data Analytics 

Identifying the Gap Between Hospital and Free-Standing Prices

By Jamie Cleverley

One-third of healthcare finance leaders have created separate pricing for outpatient versus inpatient procedures to mitigate volume migration from hospitals. Their greatest concerns are how low the pricing should go and how will this pricing impact the bottom line.

Ethics 

Managing the Ethical Aspects of MACRA

By William Marty Martin

Value is the key driver and organizing principle of MACRA and MIPS. Therefore, it is critical to define value from the view points of view of different healthcare stakeholders.

First Person 

Act Offers Funding for Research, Mental Health Care

An Interview with Andrew Sperling by Ed Avis

Recent legislation allows for additional funding of medical detox or substance abuse treatment centers and allows for Medicaid coverage for mental health treatment.

Planning Insights

2017 CFO Outlook: Performance Management Trends and Priorities

By Jay Spence

From our sponsor Kaufman, Hall & Associates

To succeed in today’s changing healthcare environment, finance teams must be able to quickly and accurately distill complex data and translate it into meaningful insights for stakeholders.

Growth Strategies

Don’t Triage Transformation

By Kate Goonan

Two of the most process-literate health systems in the country today are Charleston Area Medical Center Health System and Texas Health Resources. They have dramatically redesigned their leadership and operations to prepare for value and improved performance over several years.

Finance at a Glance

Employed Physician Alignment Lags Hospital C-Suite Assumptions

A survey found a 26-point percentage gap between employed physicians reported trust in hospital leadership and what hospital leaders perceive as physicians’ trust in them.  

Facility Planning

Lean Construction Processes Maximize Value

By Andrew Quirk

Three recent projects, each in a different geographic location, stand out as strong examples of how implementing a collaborative approach and some fundamental Lean principles helped lay the groundwork for success.

Telemedicine

A Framework for Developing a Telehealth Strategy

By Sara Fay

Developing a successful telehealth program requires attention to technology components, budget, financial options, and building a flexible system.

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