IL hospital agrees to secondary market disclosure program.
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Biomedical subjects
Publications and source records attributed to J Johnsson.
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Turning a hospital around takes hard work, determination, and guts. The winners of this year's Hospital Turn-around of the Year Contest, sponsored by Hospitals and Coopers & Lybrand, demonstrate that a successful turn-around is about much more than money, and that it can't be judged a success based solely on financial results. The management team of each winning hospital showed imagination and courage in tackling their hospitals' problems. Congratulations to this year's winners and finalists for a job well done.
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Openness is vital for developing strong relationships between senior management and trustees, CEOs say. They cite one-on-one interaction and board retreats as effective tools for bonding.
Hospital billing and pricing practices are drawing increasing heat from lawmakers, employers and consumers. In a four-part package, we explore various aspects of this issue. First, an overview. With public dissatisfaction growing, leaders on Capitol Hill are delving into hospital administrative costs and practices as never before. Second, the pricing controversy. Hospitals have three antidotes to the problem: streamline their charge structures, keep prices closely tied to costs, and explain the complexities of cost-shifting to businesses. Many hospitals are already moving forward on this. On page 29, the consumer angle. While a number of lawsuits in Florida have alleged overcharging by hospitals, Nevada has begun operating a new commission charged specifically with arbitrating patient billing disputes. On page 31, the receivables management story. Hospitals must carefully examine the efficiency of all their business office functions to make billing and collection improvements, experts say; relying on automation alone will not work.
Hospitals face significant information-oriented challenges in the managed care area, say experts. They need to get both detailed internal reports on their own costs, utilization and resource consumption.
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Prevention- and wellness-oriented marketing campaigns focus on consumers' health education needs, and can improve a hospital's standing with both consumers and physicians, executives say. Approaches vary widely, from wellness spots on a TV newscast to a direct-mail piece containing wildflower seeds.
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While traditional HMO and PPO plans have not gained the widespread acceptance their founders once predicted, managed care concepts are penetrating health care as never before. Hospitals, physicians and employers are embracing principles like utilization management, preadmission certification and case management, and looking beyond such elementary devices to integrating finance, administration and delivery. Attracting strong primary care physicians and bonding closely with them are key elements, one expert says. Meanwhile, innovative new Medicaid managed care networks are proving cost-efficient and beneficial to patients.
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