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In an era of calls for improving the performance of hospitals and healthcare systems, stable and effective leadership matters more than ever. This white paper covers the board’s role in ensuring continuity in leadership, wisely managing leadership transitions, and ensuring effective leadership in governance. It also provides information on leadership models and roles and criteria for identifying and choosing good leaders.
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The healthcare industry is changing exponentially, requiring leaders to refocus work and shift traditional paradigms. All of these changes are causing the need for a new style of leadership where governance, administration, and physicians work together to overcome barriers to change and help transform the organization. This white paper seeks to define the context for change, describe the necessary leadership requisites to deal with this change successfully, and share insight into how best to navigate into a world of changed incentives, unending challenges, and accelerating change.
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The leaders of health systems need to react quickly to the many pressures facing their organizations, including those created not only by federal healthcare reform legislation, but also by market-driven and other pressures to rein in costs and improve quality of care and population health status. Health system success in such an environment will not be possible without a governance structure that allows for quick decisions and action.
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The concept of brand equity has quietly gathered more relevance as a vital tool in the roiling world of healthcare. Due to its conceptual nature, it can be easy to miscalculate brand equity or misunderstand the entire idea of branding. This white paper defines branding and dispels the myths and assumptions about brand equity, and it presents a measurement-driven framework for assessing and building the organization’s brand in a time when the impact of branding in the healthcare industry is critical.
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With the emergence of a new business model, healthcare is entering a period of heightened urgency and risk, but also a period of great opportunity for the nation’s hospitals and health systems. Enterprise risk management (ERM) is one of the most important initiatives healthcare organizations can implement to address this changing environment. In this white paper, the authors explore how healthcare organizations can effectively execute ERM in order to achieve the highest possible business success. More Info
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ACOs, scheduled to become part of the Medicare program under the Patient Protection and Affordable Care Act (PPACA), have been promoted as one way to improve quality, cost-effectiveness, and patient satisfaction. Experts believe ACOs can improve healthcare delivery by shifting from a volume-based, disjointed, provider-centric system to a value-based, connected, people-focused system. Creating this new system of care will require effective, innovative leadership at several levels. Leaders will need to administer corporate functions and transform the culture of all organizations involved. This white paper helps prepare ACO leaders for what’s ahead with skills and resources for effectively governing this new, value-based system of care. More Info
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Comparative effectiveness research (CER) has received a significant amount of attention in recent years, with interest accelerating under the Obama administration. The breakthrough for CER came via the American Recovery and Reinvestment Act (ARRA) of 2009 that allocated $1.1 billion to CER. Funding was also increased for the Agency for Healthcare Research and Quality in the 2011 budget and the recently enacted Patient Protection and Affordable Care Act (PPACA) established a Patient-Centered Outcomes Research Institute. Although there is a renewed emphasis on CER, many hospital and health system CEO and board members remain unclear about what it entails and the implications it is likely to have for their organizations. This white paper helps demystify CER, while also providing organizations with action steps to consider in order to better prepare for—and take advantage of the opportunities presented by—the nation's renewed commitment to CER. More Info
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Healthcare executives and leaders have been calling for the creation of larger hospital “systems” for at least a decade. Despite some recent consolidation, the hospital industry remains fragmented and populated by many relatively small companies. Healthcare reform has the potential to dramatically alter the hospital business and accelerate consolidation. Not only is healthcare reform expected to increase the number and size of mergers, but the underlying motivations are also expected to change since healthcare reform will impose lower prices and enforce reimbursement models that create powerful incentives for hospitals to form large systems of care, including bundled payments, payments for quality, and accountable care organizations. This white paper seeks to explore the likely impact of healthcare reform on hospital consolidation and how the hospital industry will evolve in the future. More Info
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The volunteer director is the backbone of the governance structure of the non-profit corporation model of corporate enterprise. Directors are responsible for exercising oversight of, and maintaining loyalty to, a business entity created not-for-profit—one that may have a financial value in the tens or hundreds of millions of dollars and, in the case of the largest non-profits, billions of dollars. Yet, recent non-profit sector scandals have, in many instances, served to highlight failures of board oversight and occurrences of self-dealing. It is within that context that perspectives on the fiduciary duties attributed to—and associated liability profile of—the non-profit director, are subject to reexamination by the public, non-profit regulators, those serving or seeking to serve as directors, and by their legal counsel. More Info
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Federal health reform is now the law of the land. The far-reaching healthcare legislation has been compared to the original Medicare law passed in 1965, the Social Security Act of 1935, and the Civil Rights Act of 1964. This white paper takes a first look at the new reform law to help demystify its many provisions. It includes a historical overview of how the law came to pass and introduces the basic goals of reform. More Info
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