Michelle McNickle
The current healthcare landscape is calling for more collaboration, and possibly the most important partnership is that of the CIO and CFO. With new IT becoming a pressing necessity, it's crucial both professionals understand the ins and outs of IT spending. Jeff Muscarella outlines five things CFOs need to communicate to CIOs to prevent overspending.
Doctor shortages are projected to be at nearly 30,000 in the next few years, but according to a recent article published in The Atlantic, one area is seeing an influx of new docs -- hospitals.
In 2011, the medical device sector posted a total of 170 deals, according to Deal Search Online, the M&A database from Irving Levin Associates. And according to revealed prices, 2011 had a grand total of $63.5 billion in medical device merger and acquisition transactions. We delved a bit deeper into the five largest medical device M&A deals of 2011, as outlined by Irving Levin Associates.
The recently released report, "The Financial Impact of Breached Protected Health Information: A Business Case for Enhanced PHI Security," highlights the need for organizations to adopt a new method to evaluate the value of PHI, said the leaders of the PHI Project. Along with a five-step method featured in the report, six additional findings help stakeholders understand the influences behind finances and breached PHI.
Managing costs in today's industry has been put front and center. And although incentive funds have been helping organizations to implement health IT, easy tweaks and innovative tips are always welcome to help cut corners. Industry experts give use five simple ways to help manage the cost of health IT.
It's no secret the industry's labor force is possibly its most costly expense. But with the lack of professionals and a disconcerting future, the fears surrounding the healthcare labor force are extending beyond its cost. Clinton Wingrove, EVP and principal consultant at Pilat HR Solutions outlines eight trends concerning the changing healthcare workforce.
In a recent WIHI radio show titled "The Social Imperative to Demonstrate That Better Care Equals Lower Costs," Donald Berwick, MD, former administrator for the Centers for Medicare & Medicaid Services, and Gerry Shea, assistant to the president for governmental affairs at the AFL-CIO, spoke on the climbing costs associated with today's healthcare system.
Industry experts offer insights into how an electronic health record system can generate revenue and improve cash flow.
It's no secret successful healthcare only works with well-engaged patients. But, whether it's a lack of usable technology or unproven theories, recent research has shown patients are still simply not interested in managing their care. Steve Krupa outlines four reasons patients aren't managing their care.
Recently, the Huron Consulting Group released its report, "Leading Through Transformation: Top Healthcare CEO's Perspectives on the Future of Healthcare." The report included insights from the Huron Healthcare CEO Forum and took a hard look at some of the top industry issues that will be plaguing CEOs in the year to come.