Wed, Jul 29, 2015
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IRS Regulations for 501c3 Organizations
Tue, 21 Jul 2015 03:59:07 Z
The recent IRS changes in reporting for 501c3 organizations will be a challenge for our system. Our time frame for follow-up and collections will go from 120 days, more in line with Medicare requirements, to 240 days. We expect this to increase our bad debt. Although our current financial assistance and charity policies are fair and generous, the new requirements to reduce the amoun...
The Optimal Contracts Review Process?
Tue, 21 Jul 2015 03:58:04 Z
Contracts are obviously a critical piece in the process of delivering high quality, cost-efficient care delivered to our patients. However, the contractual process can be daunting, overwhelming and all consuming. In the ever changing environment of healthcare with expanding roles beyond the scope of the position for which one may have originally been hired, we should be cautious not to...
Quality: Moving From Volume to Value
Tue, 21 Jul 2015 03:55:51 Z
On April 29, 2011, the Centers for Medicare and Medicaid Services (CMS) released its Hospital Value-Based Purchasing (VBP) Final Rule, required under the Patient Protection and Affordable Care Act (ACA). The program links Medicare's payment system to a value-based system to improve healthcare quality, including the quality of care provided in the inpatient hospital setting. At the time, many organ...
Tue, 21 Jul 2015 03:53:19 Z
We have one of the strongest compliance programs I have seen in the various organizations I have worked with. The Compliance Officer is involved in almost every aspect of the organization. This has fostered a culture of doing the right thing. Some organizations are more prone to engage in "situational ethics," but having a strong compliance program, with full transparen...
Evolving Roles in the C-Suite
Tue, 21 Jul 2015 03:50:59 Z
There is an excellent article in the Harvard Business Review entitled "The New Path To The C-Suite". Boris Groysberg, L. Kevin Kelly, and Bryan MacDonald discuss the new leadership skills needed for the future. They stated: "One strikingly consistent finding: Once people reach the C-suite, technical and functional expertise matters less than leadership skills and a strong grasp of business fundame...
Educating Healthcare Managers on Health Law
Tue, 21 Jul 2015 03:48:07 Z
I have been teaching Health Law for years and have always struggled with how much information is too much for non-lawyers. I believe Ms. Fontenot does a wonderful job of giving an overview of many of the most critical topics in an engaging and understandable manner. I would be interested to hear from others in the community if there are any other topics that they would suggest as impor...
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