Business Intelligence
The research highlights the challenges providers face in succeeding under value-based contracting.
Mergers and acquisitions didn't necessarily help providers and labor costs remain a burden as downgrades go up.
Such surgeries represents an opportunity for Medicare, and other payers, to spend healthcare dollars in a way that rewards high-value care.
The hospitals are attempting to band together in order to compete with hospitals such as Massachusetts General and Brigham and Women's Hospital.
Along with Presence comes 10 of its hospitals, which will operate within Amita Health, a joint venture between Ascension and Adventist Midwest Health.
Roberts succeeds Kevin Brennan, CPA, FHFMA, who announced his retirement at the end of 2017 after more than 20 years with the system.
The 9.74 percent increase in psychiatrists' compensation far outpaced the average compensation packages accepted by newly hired physicians.
The study spotlights the best-performing hospitals based on a scorecard of publicly available clinical, operational and patient satisfaction metrics.
One recommendation is to make prior authorization easier for providers that take part in risk-based contracts.
While there are no specific mentions of a three-way merger, Lifespan CEO expressed excitement over potential partnership; Brown University president still concerned.