Strategic Planning

A few academic medical centers, physician networks and health plans are thinking differently about venture capital by coming up with new ways to spark healthcare entrepreneurship.

With the addition of SSM, the network will now include 45 hospitals, 555 clinics and about 5,700 other participating healthcare providers.

After a fractious price battle with Blue Shield, Sutter Health is offering more patients a direct option through its own health plan.

Theranos technology can take a drop of blood from the finger and screen for a spectrum of conditions and diseases at half the price of Medicare.

Beyond incremental financial savings, if hospitals are able to effectively manage data in a way that fits the needs of their value analysis and revenue cycle teams, the operational efficiencies can be even more impactful.

The acquisition includes existing therapy provider TheraTrust and a corporate office located in Ohio that will be maintained as a regional headquarters.

In an era of declining reimbursements, hospital CFOs and CEOs will be forced to attack the second largest cost area for their organizations: supplies and service expense.

Two court cases could have a huge impact on the healthcare industry. As a matter of fact, they could spell financial life or death for some financially troubled hospitals, nursing homes, assisted living facility owners and operators.

Under current conditions, operating loss for the five hospitals studied would be $190 million in 2019, according to Navigant Consulting.

As more health systems merge, consolidate and diversify, many organizations are looking to combine disparate hospital and physician billing offices into one single billing office. But consider a few key steps before embarking on an SBO migration.