Tag Archives: HFMA

March 2016 Presentations to Focus on Gainsharing’s Links to Performance Improvement

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This March we will see gainsharing take center stage at two regional HFMA meetings, as well as presenting a poster at ACHE Congress.  The events demonstrate the power of aligning the incentives of physicians and hospitals to drive physician engagement necessary to succeed under value based payment systems.  The educational sessions will present case studies that show how organizations use gainsharing to not just reduce internal costs, but to improve quality.

On March 22, at HFMA Central Pennsylvania Chapter 10th Annual Hospital and Physician Collaborative at the Lancaster Convention Center in Lancaster, PA, I’ll be co-presenting with April Venable, Director of Population Health at Inspira Health Network (Vineland, NJ).  Inspira needed to engage their physicians as they prepared Read More

Autumn 2015 Gainsharing Presentations Reflect Industry Interest

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In autumn, the normally frenetic activity of hospitals and health systems accelerates into high gear. Autumn is also marked by major conferences as executive teams “harvest” for new ideas. That’s appropriate as autumn used to be known as “harvest” before the dawn of the Industrial Revolution when the population moved to cities!

Gainsharing was prominently featured on the conference circuit this year.  With 5 states in various stages of implementation of the AMS Performance Based Incentive System, there is much interest in the success of gainsharing.  We presented at regional, national, and international conferences, and university programs in healthcare management.  Needless to say. I’m very proud that our organization is changing healthcare by lowering costs while improving quality and outcomes.  It’s gratifying to see this interest.

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Lessons Learned from a Hospital-Physician Gainsharing Program

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This month, hfm Magazine explores “Lessons Learned from a Hospital-Physician Gainsharing Program, examining the experiences of the New Jersey Hospital Association, the Greater New York Hospital Association, and their member hospitals. NJHA’s SVP Sean Hopkins, AMS VP Anthony Stanowski, and I discuss the leadership lessons learned using the 8-step process for leading change advanced in the seminal 1996 book, Leading Change by Dr. John Kotter, Emeritus Professor of Harvard Business School.

By documenting the key lessons learned from the associations that administered gainsharing programs and the hospitals that implemented them, we hope that this article provides guidance to health care providers not just in implementing gainsharing programs, but also as they undergo the change management process for other forms of alternative payment systems.

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Modern Healthcare report on the squeeze in hospital operating margins (June 23, 2014)

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Operating margin is the easiest way to determine a company’s pricing strategy and operating efficiency.   It is the simplest way to understand how much a company makes on each dollar of sales.  For non-profit hospitals, a positive operating margin means that there is money available to fund additional services; with
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