Superior Productivity in Health Care Organizations: How to Get It, how to Keep it

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Health Professions Press, 2004 - Business & Economics - 187 pages
When deteriorating margins jeopardize your hospital's or health system's financial health, take your organization off the critical list with Superior Productivity in Health Care Organizations: How to Get It, How to Keep It. Loaded with practical, enduring solutions, this book will help hospital and health system management reclaim lost productivity in a surprisingly short time and at low cost. Based on the author's direct experience with over 50 hospitals, the text takes you step by step through the process from analysis to implementation of productivity standards and beyond. Learn to: Identify and avoid the pitfalls that make most popular productivity strategies go awry Reduce expenses to match the organization's revenues Develop and implement realistic and understandable labor standards Relate productivity to strategic goals Resolve underlying management problems and implement core productivity concepts Determine the proper role for department managers in increasing productivity Determine the optimal time to use benchmarking Avoid falling back on stopgap measures (e.g., layoffs) Institute effective, customized monitoring systems and protocols Develop suitable incentives and consequences for performance Formulate new procedures to capture and build on what has been accomplished Invigorate the productivity of any organization with entrepreneurship and innovation Overcome entrenched politics that put off needed changes Dozens of incisive illustrations, tables, flowcharts, and case studies illuminate the text's core concepts of measurement, accountability, simplicity, and fairness. Get the only book that tackles head on the productivity and viability issues on the minds of hospital administrators, physicians, corporate health system staff, financial executives, practice management administrators, clinical and technical mgrs, business planning and financial analysts, marketing specialists, health care consultants, and undergraduate and graduate students in health administration.

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Contents

How to Develop Realistic Productivity
27
How Many Years Are Best for the Analysis?
42
What to Expect
49
Copyright

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About the author (2004)

Paul Fogel is the President of Executive Information Systems, Inc. The firm produces a financial reporting and forecasting system for hospitals and offers services in productivity improvement, benchmarking, operations analysis, feasibility studies, and business planning. Mr. Fogel offers a unique perspective gained from working in more than 50 hospitals. Mr. Fogel wrote the feature article for the August 2000 issue of Healthcare Financial Management magazine titled "Achieving Superior Productivity." The Healthcare Financial Management Association (HFMA) also hired him to conduct a workshop called "Benchmarking in Action." Mr. Fogel also leads training workshops for the American College of Healthcare Executives and the Healthcare Financial Management Association.After earning an MBA, Mr. Fogel began work as a financial analyst with several commercial and savings banks and later moved on to venture capital, and then to hospitals as Manager of Strategic Business Analysis, reporting to the CFO. In 1995 he joined MECON, Inc., a national benchmarking and consulting firm to the health care industry (later a division of GE Medical Systems). As senior manager, he educated, trained, and consulted with more than 40 different hospitals, including the United States Army. Becoming self-employed in 1997, Mr. Fogel engaged in extensive long-term work with a Seattle hospital as a productivity and benchmarking consultant. In 1999, he concluded an engagement with the fourteen hospitals of California's Catholic Healthcare West chain. In 2003, he completed work on a financial reporting, productivity, and budgeting system for hospitals and formed a company to bring it to market.

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