Strategic Financial Planning: Spring 2017
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.
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.
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.
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.
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.
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.
Web Extra: Sample Dashboards
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.
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.
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.