And four more news items for hospital administrators, health system leaders, practice managers, and other healthcare executives to peruse this week.
- In a recent post, FierceHealthcare highlights a program launched at Keck Medicine of the University of Southern California that was developed to engage physicians in quality improvement efforts. Though it is a fairly new initiative, the healthcare organization has already experienced a seven percent decrease in length of hospital stays since its introduction.
- Last month, a group of hospital and health system leaders attending the Becker’s Hospital Review 6th Annual CEO + CFO Roundtable discussed the challenges and benefits of integrating business insight into clinical initiatives. The 23 executives talked about identifying areas where limited resources should be focused for optimal impact on strategic goals, eliminating barriers to success, and tactics for the best alignment, as reported by Becker’s Hospital Review.
- Modern Healthcare reports slightly less than two-thirds of medical practices’ Medicare revenue is predicted to be risk-based in just over a year’s time, according to the American Medical Group Association’s (AMGA’s) Third Annual Survey on Taking Risk, which was released last month. To learn more, download the white paper from the AMGA website.
- HealthLeaders Media highlights Indiana University (IU) Health’s Dennis Murphy and his experience on the road. Accompanied by other senior leaders from IU Health, the health system’s president and CEO visited 33 sites—including hospitals, clinics, surgery centers, labs, and billing offices—in 2017. He shares why he regards the four-month tour as one of the most valuable things he has done in his nearly 30 years as a hospital executive.
- An article published by Hospitals & Health Networks looks at alternative payment models, how they differ from past payment programs, and whether they’re here for good. While they are called “alternative payment models” today, the objective of these payment programs remains the same as those of the past. Yet, there are a couple of important distinctions.