Hospital executives are facing a relatively new challenge: managing the financial risk of bundled or capitated payment after a patient is discharged. Now that post–acute care providers are an extension of a hospital’s care delivery model, their performance has direct implications for the hospital’s reputation and bottom line. Not only…
Your post-acute care network is becoming a key factor in quality and financial outcomes. Have you built the infrastructure to manage it effectively?
Health care executives are facing new management challenges as payers shift more risk to providers. As evidenced by the Bundled Payments for Care Improvement initiative and, most recently, the Comprehensive Care for Joint Replacement model, hospitals are being pushed to assume greater risk for care episodes. This risk can extend…
On the morning of April 1, hospital executives in 800 hospitals in 67 selected market service areas across the U.S. will wake up to a new model of orthopedic bundled pricing. The pending implementation of CMS’s Final Rule for the Comprehensive Care for Joint Replacement (CJR) model will force business…
In three months, during the 2014 mid-term election campaign, Congress unanimously passed the bipartisan IMPACT Act to improve post-acute care quality and coordination. Post-election, it’s safe to say this is one healthcare reform that will remain intact. As it should, because days before the President signed the IMPACT Act on October…
The most difficult challenges hospitals face in an affiliation or acquisition are not price or financial due diligence, but cultural issues. In fact, the most significant problems that occur post-acquisition usually are directly attributable to insufficient integration planning, a poorly defined vision for the combined company, and an underestimation of…
