2022: Tackling Critical Health Care Challenges

Episode Overview:

The way health care providers connect with patients has changed significantly since the onset of COVID. With new challenges, having care models that are consumer-focused and convenience-based is critical more than ever before. The need for a strategic focus is paramount for organizations to successfully bounce back from COVID. 

In this episode of Value-Based Care Insights, Daniel J. Marino speaks with Bill Bodnar to discuss several challenges health care organizations are facing as they transition out of COVID. Bodnar shares his insights on new challenges, including workforce dynamics, non-traditional health care models, and the pursuit of value. Key points include: 

  • The competition among primary care providers and specialists with non-traditional providers, shifting to consumer-focused and convenience-based models 
  • The use of automation and other innovative solutions to address workforce burnout and employee retention
  • The advancement of population health management and value-based contracts to improve patient care and financial outcomes 
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Embracing Operational Effectiveness to Drive Performance

Episode Overview:

During the past 18 months, hospitals and health systems have focused on reducing expense mostly through FTE attrition. Many health systems and hospitals are at a point where reducing costs cannot come from reducing FTEs but must occur from other places.

High-performing healthcare organizations have focused not only on reducing costs through minimizing inefficiencies but maximizing revenues as well. Developing a culture of continuous improvement allows the organization to not only meet its clinical and financial goals but exceed them. High-performing organizations accomplish this by implementing Lean methodologies to eliminate waste, operate more efficiently and increase clinical outcomes with patients.

In this episode of Value-Based Care Insights, Daniel J. Marino speaks to Kate Geick of Lumina Health Partners to discuss how operational effectiveness through staff engagement and commitment can yield improved operational and financial performance. Here are some key takeaways:

  • You can have the best technology and technical solution, but without the role of people, you may not meet the outcomes you need. It is important to gain people's commitment and buy-in and have a positive culture and attitude in order to make any type of change. And not only that but to sustain them.
  • When people think of return on investment (ROI), they often think of just financial. But it is equally important to think about the satisfaction of the clinical, non-clinical staff as well as the patients.
  • Operational effectiveness may seem overwhelming – and leaders don’t know where to start. Starting with one small pilot may produce great value and result in process improvement, team engagement and positive financial performance.
  • With operational effectiveness, it is important to stay patient. Changes don’t just happen overnight. Be clear with what you are measuring and be consistent with how often you review them and be able to pivot when you need to.
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Medical Practice Operations: Enhancing Care Delivery Post-COVID

Episode Overview:

In this episode of Value-Based Care Insights, Daniel J. Marino speaks with Phil Hasse to discuss the real-life implications of COVID on medical practices. Hasse shares his insights on how operations have changed drastically since COVID and how hospitals are managing now. They also explore the impact of physicians, revenue, patients, and the business practice of medicine as health care navigates through COVID.

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CFO Insights for COVID Financial Recovery

Episode Overview:

As health care leaders continue to navigate COVID and its impact on organizations, many still face unprecedented challenges. Numerous studies reveal the financial performance of hospitals is still below where it was pre-COVID.

As the industry moves forward, it’s important to ask, “What do CFOs need to think about going forward?” and “What does the future look like?” In this podcast, Daniel J. Marino and Steven Berger discuss the role of CFOs and how their handle on operating margins contributes to the success of health care organizations.

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How to Position Clinically Integrated Networks for Value-Based Care

Episode Overview:

Clinically integrated networks (CINs) help organizations align with providers. They position health systems, hospitals, employed physicians, and independent physicians to succeed under value-based care as the healthcare industry moves into more contracting opportunities. CINs also provide a vehicle to manage costs and create efficiencies, while allowing the network to track quality. In this episode of Value-Based Care Insights, Daniel J. Marino and Shaillee Juneja speak with Dr. Troy Tyner and Aaron Valerio to discuss how a large Midwest CIN created capabilities to support their employed and independent providers.

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How Independent Provider Communities Can Find Success in Value-Based Care

Episode Overview:

COVID-19 exposed the limitations of fee-for-service reimbursement. Last year was really hard on hospitals, and 2020 was particularly hard on independent providers and the surgeons who financially rely on their procedure volume. In this episode, Daniel J. Marino and Shaillee Juneja introduce Michael Sisti and Lisa Stockdale of Silver Cross Hospital to share strategies that can help independent hospitals and community providers find success in value-based care in 2021 and beyond.

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[RECAP] 3 COVID-19 Trends That Shook the Healthcare Industry in 2020

Episode Overview:

In 2020, the COVID-19 pandemic led to sweeping changes in who receives care, how they access it, and how healthcare organizations come together—with doctors, hospitals, insurance companies, and community resources—to meet the complex need for accelerated care. In this episode, hosts Daniel J. Marino and Shaillee Juneja reflect on how healthcare organizations pivoted to meet the accelerated demand created by the pandemic, dealt with provider burnout, and maintained financial solvency.

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How to Leverage Strategic Hospital Partnerships to Maintain Stability

Episode Overview:

Adaptability and navigating the unknown are two skills that are dominating healthcare right now. As the healthcare industry tries to find its new normal in the COVID world, many organizations are exploring new business models — and that includes developing new strategic partnerships with payers, hospitals and even provider groups. In this episode of Value-Based Care Insights, special guest Jim Yanci shares insights about how building successful strategic partnerships can maintain stability in hospitals.

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Optimize Surgical Performance to Improve Post-COVID Financial Woes

Episode Overview:

In this episode of Value-Based Care Insights, guest Jeff Peters, President and CEO of Surgical Directions, provides insight on the financial impact that COVID-19 has had on perioperative services. He shares with Daniel J. Marino and Shaillee J. Chopra why organizations must focus on building stronger ambulatory programs while pushing for higher patient engagement.

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Building a Hospital’s Financial Recovery Program

Episode Overview:

Many organizations around the country are dealing with tremendous financial strain – particularly small to mid-size hospitals. These organizations face even more pressure to manage costs, which have risen sharply as they struggle to shift their operational setup while still providing care for patients. In this podcast episode, Daniel J. Marino and Shaillee J. Chopra introduce Steven Berger, principal at Lumina Health Partners, to discuss how hospitals can create a revenue plan that addresses metrics/key performance indicators (KPIs) and financial opportunities.

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