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: Incentive Payment
6 Essential Differences Between Gainsharing and Shared Savings Programs
With many approaches being considered by hospitals to engage physicians and align incentives we often get questions on the differences between shared savings and gainsharing. We were excited when Becker’s Hospital CFO released on September 23, 2014 an article called “6 essential differences between gainsharing and shared savings programs” written by myself and AMS VP Anthony Stanowski.
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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