Lola Butcher
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Lola Butcher
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New CMS bundled payment initiative may be the future of Medicare
CMS's Transforming Episode Accountability Model (TEAM) is a new bundled payment model that aims to move Medicare beneficiaries into value-based care arrangements by 2030, and hospitals participating in the model will be financially responsible for the cost and quality of care for five procedures.
Childcare center at CCM Health helps in recruiting and retaining staff
CCM Health in Montevideo, MN, opened a childcare center in 2020 to attract and retain staff. The center has since been expanded to accommodate up to 31 children, and it has a waiting list, with plans to expand further.
Geeta Nayyar: Healthcare industry needs to take charge in refuting misinformation
In the early months of the COVID-19 pandemic, Geeta Nayyar, MD, MBA, found herself captivated by the misinformation — and disinformation — spewed across social media. People were falling prey to lies, conspiracy theories and snake-oil hucksters, and in some cases, the bad advice killed them. The environment reminded her of another deadly misinformation crisis…
Private equity investing showing signs of rebound
The Federal Reserve’s plan to begin reducing interest rates in 2024 will likely unleash private equity’s pent-up demand for physician practices and other healthcare services companies. “Everybody wants to transact,” said Bret Schiller, managing director and head of healthcare in corporate client banking at J.P. Morgan. “I think that, at the first rate cut we…
OSF plans for value-based care in Medicaid
The majority (70%) of OSF HealthCare’s business is paid for by Medicare and Medicaid, prompting Mike Allen, FHFMA, MBA, the system’s CFO, to identify Medicaid as presenting the next big opportunity for assuming risk under a value-based care approach. “Trying to wade into a value-based agreement for the Medicaid population is not for the faint…
Norton Healthcare commits time, money to improving health equity
In June 2020, Norton Healthcare, the largest health system in Louisville, announced five imperatives to address health inequities, four of them being: Start a health equity institute Improve diversity in its leadership ranks Educate its staff to advocate for health policy issues Invest more money to address health needs in underserved areas The remaining item…
Norton Healthcare and other health systems are making big moves to reduce health inequity
When Louisville police officers killed Breonna Taylor, a young Black woman not suspected of any crime, in her home in March 2020, the president and CEO of Norton Healthcare took it personally. “As an employer of 18,000 people and a very prominent organization in our community, we needed to be the ones to step up…
Why addressing unexplained variations in care should be a healthcare system priority
Healthcare researchers believe Medicare could save $2 billion by using a cheaper drug for retinal disease, but some physicians don’t want to switch.
More not-for-profit health systems opt to pay board members
The goal is to lure and keep qualified board members, who are becoming harder to find.
How 3 hospitals developed COVID-19 vaccine programs to suit their unique needs amid questions about costs and supplies
With no best practices to use as a model, hospitals have developed COVID-19 vaccine programs that are tailored to their own situations.