SOLUTIONS AS UNIQUE AS YOUR NEEDS

Current Topics







Our consultants have extensive knowledge of critical issues for leaders of today’s healthcare provider organizations. With the depth of our understanding, we have created publications that address these current topics, including ECG’s Insight executive series, as well as topical Executive Briefings. These recent publications provide solutions to issues that are on the front burner. For additional insights and ideas, please visit our Speeches and Articles pages.

Topical & Timely

ARRA/HITECH Act - Meaningful Use Definition and Response (June 2009)

The HIT Policy Committee released the definition for Meaningful Use (the criteria that is required to be met for physicians and health systems to receive stimulus funding for EHR adoption under the ARRA/HITECH Act) in mid June. We support this effort in general as well as the overarching goals of improving the quality and reducing the cost of healthcare. But in performing a review of this criteria and associated documentation, the criteria are surprisingly broad and complex, and likely to cause significant concern for both physicians and health systems that have already implemented EHR technology and those that have not yet. This e-mail addresses areas of concern and lack of specificity with the definition of Meaningful Use.

Insight

Precision in Cost-Reduction Initiatives - Targeting High-Opportunity Areas (Fall 2009)

Given uncertain patient volumes, declining reimbursement, and weakening balance sheets, many hospitals are pursuing significant cost-reduction initiatives in an effort to stabilize financial returns. Though cost reductions are seldom easy, techniques exist that can be implemented relatively quickly and that allow hospital leaders to be smarter and more selective in identifying areas for expense reduction. This Insight explores two tools – operational benchmarking and management span-of-control analysis – which hospitals can use to better target expense reduction and help ensure sustained improvement.

ECG Diagnostic

Hospital/Physician Alignment: The PHO Model (November 2009)

The foundation for physician hospital organizations (PHOs) was historically based on provider collaboration through risk contracting. In some markets, PHOs have been maintained, and over time, many have expanded their missions to focus on services that drive quality and efficiency. However, the PHO as an alignment model leaves more to be desired for hospitals and physicians that share the objectives of being clinically integrated and facilitating the movement toward outcomes and value-based medicine. The purpose of this ECG Diagnostic is to evaluate the role of the PHO as it continues to evolve into a strategic alignment tool for hospitals and physicians and articulate a range of options that will facilitate this transformation.

Executive Briefings

Don't Be Intimidated: Process Improvement Within a School of Medicine Department       (March 2010)

Administrative leaders at all levels within schools of medicine, from department administrators to chairs to management within the Dean’s Office, manage multiple processes. Based upon our experience, most departments would benefit from reviewing key management processes to identify opportunities for elimination of non-value-added tasks and redundancies, as well as for potential automation. This Executive Briefing provides suggestions regarding where, how, and why to apply basic yet rigorous process improvement methodologies to create efficiencies and reduce cycle times, which may lead to cost savings.

Grandfather Expiration Leaves Pathology Labs Shortchanged - Amending Your Independent Lab Agreement  (February 2010)

Prior to January 1, 2010, Medicare reimbursed independent laboratories directly for the technical component of anatomic pathology services if the hospital they serve was grandfathered through use of an independent laboratory in 1999. This grandfather provision expired on January 1, and although a permanent grandfathering provision was provided for in both the House and Senate healthcare reform bills, laboratories that are relying on Medicare’s reimbursement may never receive payment for services provided to these grandfathered hospitals. This Executive Briefing addresses how to amend your contract with your laboratory to begin paying the laboratory fair market value (FMV) for the technical component of anatomic pathology services.

Preparing Your Organization for the 2010 Medicare Physician Fee Schedule Changes (December 2009)

During the week of December 14, Congress passed legislation to delay the -21.2 percent payment update considered by CMS for the 2010 Medicare Physician Fee Schedule (MPFS) until after February 28, 2010. However, RVU changes associated with the 2010 MPFS are still anticipated to be implemented on January 1, 2010. The decrease in reimbursement was derived as a result of a formula that includes the sustainable-growth rate (SGR) mechanism, which was established with the enactment of the Balanced Budget Act of 1997. However, the U.S. Senate is currently considering the Medicare Physician Payment Reform Act (H.R. 3961) which would replace the current formula with a new methodology that results in a 1.2% increase instead of the -21.2% update. This Executive Briefing offers our thoughts on the impact and implications of, as well as possible actions for, medical groups to take in light of these changes.

Increased Scrutiny on Hospital/Physician Agreements: Avoid Being a Headline (October 2009)

Enforcement of the Stark law is intensifying. Headlines announcing settlements between hospitals and the Office of the Inspector General are increasing. OIG investigations have resulted in senior executives losing their jobs, hospitals losing strategic ground in their market, and hospital/physician relations being strained. This Executive Briefing explains how your organization can improve compliance and avoid the anguish associated with an OIG investigation.

Optimizing Performance in Cardiovascular Service Lines (September 2009)

Top-performing hospitals utilize a dashboard of key indicators to evaluate the performance of their cardiovascular (CV) service line.  The composition of the dashboard is reflective of the key elements of the CV service line’s strategic goals, whether they are financial and statistical performance, achievement of quality targets, or patient satisfaction.  By translating a hospital’s strategies into quantifiable and measurable objectives, a performance dashboard can help align interests, retain the focus of key players on the same set of core issues, and ultimately ensure that a hospital achieves its strategic vision for the CV service line.  This Executive Briefing describes the key elements of a robust CV service line performance dashboard and the steps needed to ensure successful implementation.

 

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