So your organization is implementing a gainsharing strategy and you have been selected to oversee the program. Gainsharing can be a stand-alone program or be an integral part of other initiatives, such as ACOs and Bundled Payments. Identifying the common elements to all these initiatives is critical – especially if you Read More
Tag Archives: cost reduction
ACHE-NJ Innovation Award to be Shared by NJHA and AMS Share for Implementation of Gainsharing Program
On January 30, 2015, at the American College of Healthcare Executives-NJ Chapter breakfast session, preceding the New Jersey Hospital Association 96th Annual Meeting, Awards & Luncheon, the ACHE Regent Award for Innovation was awarded to NJHA and to AMS for the creation of a gainsharing program. ACHE-NJ recognized this pioneering initiative to improve healthcare value and reduce costs by promoting better coordination and collaboration among New Jersey hospitals and physicians.
Breaking Down Internal Silos
As hospitals initiate new strategies to transition from fee-for- service to population health, many times the programs are established in a vacuum. Managers in one are unaware of what the managers of another are working on – sound familiar. That age old problem of “silo mentality”. This may be due to a number of
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Modern Healthcare report on the squeeze in hospital operating margins (June 23, 2014)
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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Can Healthcare be Quick and Nimble?
NY Times author Adam Bryant’s book Quick and Nimble (2014) synthesizes interviews with more than 200 CEOs/business leaders. Bryant has a great ear, and weaves the wisdom of diverse executives through common themes that are core to running a business. The chapter called “A Simple Plan” resonates for Read More
Recent Posts
- Revolution and Evolution at Widener University’s Healthcare Management Alumni Association 2016 Annual Meeting
- March 2016 Presentations to Focus on Gainsharing’s Links to Performance Improvement
- Autumn 2015 Gainsharing Presentations Reflect Industry Interest
- Pay For Performance: Are Hospitals Becoming More Efficient in Improving Their Patient Experience?
- AHA Trustee Magazine “Two Paths to Savings” includes Gainsharing and Shared Savings
Recent Comments
- on Lessons Learned from a Hospital-Physician Gainsharing Program
- on Revolution and Evolution at Widener University’s Healthcare Management Alumni Association 2016 Annual Meeting
- on Autumn 2015 Gainsharing Presentations Reflect Industry Interest
- on ACHE-NJ Innovation Award to be Shared by NJHA and AMS Share for Implementation of Gainsharing Program
- on Breaking Down Internal Silos
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AMS Bloggers
Our team of experts at AMS will be posting on the blog. We will routinely comment on activities that are related to gainsharing, performance improvement, shared savings, population health, ACOs − anything that will help to reduce costs, improve quality and improve patient experience.
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