Strategic Financial Planning: Winter 2019

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

Senior Care Services

The Blurring Boundaries of Elder Care: Implications for Providers and Patients

By Jim Watson

Healthcare providers are planning to invest in home health, palliative and end-of-life care, and geriatric caretakers in the coming years.

Budgeting

The Next Generation of Budgeting for Healthcare

By John Gragg

For some healthcare providers, a combined budgeting approach using advanced statistical forecasting techniques in conjunction with a rolling budget process provides an optimum balance between traditional budgeting techniques and future forecasting methodologies. 

Executive Compensation

Healthcare Executives with Unique Skills Are Leading Total Rewards Trends

By Bruce Greenblatt and Kim Mobley

The market will remain highly competitive for executives and physicians with the leadership skills needed to navigate change, ensure strategic success, and facilitate innovation. To attract these leaders, organizations must be flexible when setting compensation levels. 

Enterprise Risk Management

CFOs Play a Key Role in Cybersecurity Planning 

By Ed Avis

“As part of the overall leadership team, the CFO should be asking tech leadership for a cost/risk reduction analysis for each technological expenditure requested to remedy identified vulnerabilities and gaps,” says John Riggi of AHA.

Data Analytics

6 Steps for Effective Use of Peer Comparisons and Analytics

Sponsored By Kaufman Hall

By Scott Engel and Orlando Ramos

Peer comparisons help hospitals recognize that performance improvement opportunities exist and give them evidence that their peers are executing on those opportunities. With that information, leadership teams are motivated to pursue targeted corrective actions. 

Medical Financing

Crowdfunding: Assessing Benefits and Risks

By William Marty Martin

Crowdfunding can increase investor participation and engagement between project initiators and potential funders, as well as raise awareness of neglected health issues.

Real Estate Management

4 Things to Consider Before Signing That Lease

By Ed Avis

Tax liabilities, subleasing, permitted uses, and even HIPAA need to be considered when preparing healthcare facility leases. 

Figure at a Glance

Medicare Enrollment Rate Will Peak in 2030

Medicare enrollment will increase by approximately 44 percent by 2030. After that time, the numbers will increase at much slower rates.