Blog
Through our blog we hope to provide information and insight to assist leadership in the overall strategic direction and execution of operations, particularly as it applies to community healthcare providers.
Follow These Tips to Build a More Diverse Leadership Team
Posted on October 30, 2019
When a hospital’s leadership team is diverse, good things happen. A frequently cited McKinsey study focuses on the financial returns of a successful diversity strategy. But in healthcare, it’s about so much more than financial returns.
Use Combo Codes Correctly to Maximize Revenue
Posted on October 14, 2019
Combination codes are hardly a new concept for provider organizations, but the inception of the ICD-10 coding system upped the ante, introducing more codes that provide increasing levels of specificity of acuity. As if that’s not complicated enough, the guidelines for how to use combo codes keep changing, says Julie Seaman, CCS, CCS-P, coding and CDI director for eCatalyst Healthcare Solutions.
Avoid Making These Mistakes on Your Clinical QI Initiatives
Posted on October 09, 2019
Not every hospital or physician practice that adheres to the Lean approach is successful in achieving those goals. And it’s usually because they’re making one or all of these mistakes.
Making the Case: Hospitals Need More Diversity in Leadership
Posted on October 02, 2019
Projections by the U.S. Census Bureau show that America’s demographics are changing. Racial and ethnic minorities will become the majority by 2043, but what will the C-suites of the hospitals that serve them look like? If the present is any indication, the future boards and C-suites might continue to be dominated by older white men.
Strategic Partnership, M&A, Management Contract – What Is Right For You?
Posted on September 18, 2019
Rural hospital closures are a reality facing communities across the country. Since 2010, 113 rural hospitals have shuttered, with the majority of those closures happening in the South. The North Carolina Rural Hospital Research Program points to multiple contributing factors, including changing population demographics, decreased demand for inpatient services, market trends that currently favor M&A, and Medicaid expansion (or lack thereof).
The Importance of Emotional Intelligence in Hospital CEOs and CFOs
Posted on September 12, 2019
Conventional wisdom says effective leadership is about boldness, courage and vision. Indeed, those are excellent qualities for a CEO or CFO to possess, but there’s a delicate balance that’s required for truly effective leadership. On the other side of the scale is a trait known as emotional intelligence.
The Threats Are Real: 4 Challenges Facing Rural Hospitals
Posted on September 04, 2019
They may be small, but rural hospitals serve a big role. They provide care to almost half of the U.S. population, and often serve as the cornerstones of their communities.
4 Steps for Growing Your Swing Bed Program
Posted on August 29, 2019
As of July 2018, there were nearly 1,400 Critical Access Hospitals (CAHs), and the majority of them provided swing bed services. No, the beds don’t swing physically. Rather, they can swing between—or be used interchangeably for—acute-care and post-acute care patients.
The Journey to a Lean Culture in Healthcare
Posted on August 22, 2019
mproving the quality of care and taking a patient-centered approach remain top priorities in healthcare today, along with mitigating the industry’s skyrocketing costs.
Tips for Recruiting Older Workers for Healthcare Jobs
Posted on August 15, 2019
Move over, millennials. The fastest-growing segment of the workforce isn’t younger workers, but older ones, says the U.S. Bureau of Labor Statistics. By 2024, the government estimates some 164 million people will be in the U.S. workforce.