CHROs: How to Add Value through Strategic Leadership

Successful health systems rely increasingly on healthcare CHROs to drive transformational change and produce improved financial outcomes. However, many HR departments are still focused on transactional and operational tactics. Human Resources expert Neil Faux discusses HR’s unique opportunity to help drive overall organizational and financial performance and provides tips on how hospital CHROs can position… Read More

The hospital executive survival guide: 3 articles on achieving financial stability

Healthcare executives today face intense pressures to increase operational efficiencies and identify savings opportunities without sacrificing innovation. This e-book includes three articles that examine how healthcare CEOs, CFOs and COOs are working to keep their organizations financially viable with more strategic approaches to operations and a relentless commitment to performance improvement.

Relentless commitment to performance improvement: 3 CFOs describe what it looks like in their health systems

Continual performance improvement is the key to health system survival in today’s challenging financial  environment. At a recent private executive roundtable hosted by Prism Healthcare Partners, a panel of hospital and health system CFOs discussed  a variety of challenges and opportunities their organizations have faced in pursuing and driving performance improvement. Moderated by Sean Angert,… Read More

How to navigate today’s healthcare environment and remain financially sound

As hospitals and health systems face rising expenses and declining reimbursements, it is crucial for these organizations to make operational adjustments to ensure long-term financial success. During a panel discussion at the Becker’s Hospital Review 7th Annual CEO + CFO Roundtable in Chicago, several C-suite executives offered insights into how organizations can achieve financial sustainability…. Read More

How UW Health Saved Millions with a Labor Management System

Healthcare leaders are looking for new, thoughtful and fact-based approaches to improve labor costs. In a recent webinar, UW Health’s Wayne Frangesch, Chief Human Resources Officer, and Philip Musgrave, Manager, Pricing and Financial Modeling, partnered with Prism’s Stephen Lothrop, Managing Director, and Sachin Sharma, Director, to share how a data-driven labor management system can deliver… Read More

Implementing an integrated coding model

As fewer physicians own their practices, technology continues to advance, value-based payment models gain prominence, and the need to reduce coding costs grows, it is becoming critical for providers to integrate facility and professional fee coding into one organizational structure. Prism’s Lynette Kramer, RHIA, Director, and Annie Gole, Manager, share actions providers can take to… Read More

Coding an Acute Myocardial Infarction: Unravelling the Mystery

As ischemic heart disease continues to be the leading cause of death in the United States and worldwide, myocardial infarctions (MI) are frequently seen as reportable conditions when coding inpatient encounters. Lisa Romanello, RN, CCDS, CDIP, Director at Prism, co-authored a whitepaper offering an overview of the types of acute myocardial infarctions and their accompanying… Read More

Where patient care and politics intersect: How to lead during healthcare reform

Evolving customer demands, technological advances and rapid consolidation have greatly affected the way healthcare is delivered and paid for, but perhaps the greatest agent of change in the industry today is government reform. On April 12, Prism hosted an executive roundtable featuring Pulitzer Prize-winning journalist Bob Woodward, Prism’s President and CEO, Mukesh Gangwal, and Mark Newman,… Read More

A win-win-win — Improving patient access betters physicians, patients & processes

When considering improving patient access, the obvious solution may seem to be adding physicians or extending clinic hours. But doing so can drive up expenses and exacerbate physician burnout. How can organizations drive change in this area, and where should they start? Prism’s recent patient access webinar, featuring Mary Baker, chief clinical operations officer for… Read More