HELP WHERE HOSPITALS NEED IT ®
HELP WHERE HOSPITALS NEED IT ®
Community Hospital Blog
A webinar on Jan. 30 will explore various partnership options as well as key factors to keep in mind when considering a partnership of any kind. Mike Williams, CHC’s president and CEO, is presenting the program on behalf of Becker’s Hospital Review.
Besides potential upsides and downsides, learn what to do first in order to negotiate from a position of strength:
Hear firsthand how Hillcrest Health System, Waco, Texas, was guided to partner with Scott & White, Temple, Texas.
In today’s healthcare industry, more and more hospitals are exploring various types of affiliations, ranging from governance and ownership transfers to business management contracts and clinical partnerships. While collaboration and consolidation are on the rise, plenty of hospitals remain independent. These standalone hospitals often share certain characteristics.
In an Oct. 31 article for Becker’s Hospital Review, CHC’s President and CEO Mike Williams discusses factors correlating with independence: size and demographics of the community; payer mix; strong finances (i.e., accumulated cash); and strong clinical relationships with physicians and institutions.
Williams also weighs in on a tough question: In today’s healthcare industry, is independence something hospitals should strive for? “Every hospital is unique,” he says, offering hospitals some considerations to evaluate:
A hospital can stay independent with sufficient motivation and finances, and if that’s the best way to serve the community, the article concludes.
The road ahead for community hospitals was the topic of a recent roundtable discussion involving CHC's president and CEO Mike Williams, along with three community hospital CEOs, and facilitated by editors of Health Leaders magazine. Highlights from their discussion are featured in the article "Decision Time for Community Hospitals" in the October issue of HealthLeaders.
For his part, Williams says hospitals must proactively and realistically assess "their own viability to be independent in the future." He advocates a close working relationship between the hospital CEO and its board for addressing issues and facing challenges that lie ahead.
In summary, the path of success for community hospitals depends on:
Hospitals are expected to implement new payment and delivery models now that the Supreme Court has upheld the Patient Protection and Affordable Care Act. But community hospitals may have difficulties transforming their organizations due to limited resources and other challenges.
CHC’s president and CEO Mike Williams spoke this month with Becker’s Hospital Review about the challenges facing community hospitals and immediate actions to take in order to weather current and future changes in healthcare.
The four main challenges are:
Six actions can be taken immediately to address these challenges:
If these health reform challenges sound all too familiar, CHC can help with operations assessment, board education, strategy development and, if necessary, partnership options. Call us today at 972.943.6400.
ACA ruling mandates Community Health Needs Analysis. Isn't it time you got started?
The Supreme Court has spoken. And though the justices may not have the last word on the Patient Protection and Affordable Care Act (politicians are still debating), their ruling means the ACA is now the law of the land and hospitals must take action to satisfy its requirements.
One of the new requirements states that not-for-profit, charitable hospitals must conduct a Community Health Needs Assessment (CHNA) once every three years and develop a plan to meet the health needs of the community.
Like many hospitals, you probably have questions about the Community Health Needs Assessment (CHNA) and Implementation Plan requirements. Perhaps you’re wondering if your facility has the staff or time to complete the assessment and implementation plan. Perhaps you aren’t sure when your specific assessment and implementation plan must be completed.
This is where CHC Consulting can help.
At CHC Consulting, we take a flexible approach in working with our clients. We can complete the entire community needs assessment from start to finish or provide assistance in certain areas such as:
To learn more about the CHC Consulting Community Health Needs Assessment process and how we can help you meet the new regulations, contact David Domingue at email@example.com or visit the Community Health Needs Assessment page on our Website.
CHC | 7800 N. Dallas Parkway, Suite 200, Plano, TX 75024 | 972.943.6400Copyright © 2017 Community Hospital Corporation