GLG News by Chief Financial Officers At Hospital Facilities / Companies

Credit will likely get tighter before it eases.  1) Bank Letter of Credits will be called upon to provide liquidity, making less funds available to be lent out.  2)  Car manufactures and other industries dependent on consumers purchaing with the use of credit. 3)  Traditional...

1) Health Care Financing Administration published hospital mortality rates in the 80's, only to later discontinue the practice.  2) Mortality rates are a poor proxy for quality.  3)  Other measures are better to assess quality of care.

CMS has the objective of keeping their costs down, increasing quality, protecting the Stark laws against physician referrals, and guarding against beneficiaries being enticed to receive more services than necessary.  CMS threw all these objectives into the ACE demonstration project.  The problems...

The status quo will be maintained during the election year.  But, what will happen to the funding for physicians and hospitals after the election?   Healthcare and defense are the two largest components of the Federal budget.  Congress will likely act to gain budget reductions in both...

The implications from physicians using an electronic medical record are better care of the patient as the latest results can be reviewed and compared longitudinally, less tests being ordered, fewer medication errors, and greater access to the patient's health information by the physician.

1)  Payment reductions for medical errors will not change provider behavior. 2)  Reduced payments to providers could accelerate medical errors.    

More Business for the Hospital. More affordable for the Plastic Surgery Patients from an over-all cost standpoint. Wider range of patients for the Plastic Surgeons.