Boston Medical Center (BMC)’s Post

Our healthcare system is in need of a revolution, and we're proud to be at the forefront of change. Our mission is to transform patient care in skilled nursing facilities and reduce preventable rehospitalizations. Our approach to healthcare innovation is centered around smarter, proactive care. Our technology doesn't just monitor patient health; it predicts potential health issues before they become emergencies, ensuring timely intervention and significantly improving patient outcomes. The heart of our system lies in its ability to seamlessly integrate into existing healthcare infrastructures, providing a layer of intelligence that empowers healthcare providers with actionable insights. This means better patient care, reduced strain on healthcare resources, and, most importantly, peace of mind for patients and their families. We're not just about technology; we're about creating a healthcare ecosystem that values prevention as much as treatment. It's about bringing together technology and compassion to provide the best possible care. Join us in the healthcare revolution. #HealthTech #Innovation #PatientCare #PredictiveAnalytics #RemoteMonitoring #SkilledNursing National Health Care Associates Ephram Ostreicher Michelle Costa, DNP, MS., RN https://lnkd.in/gdbA_qYF

Registration is now open for the 2024 Virginia Health Care Conference! In its 14th year, this signature event will bring together top healthcare and industry experts, and members of the business community to discuss the top issues in health care. Conference Topics Include: A Conversation with Virginia's Secretary of Health and Human Resources Secretary Littel will respond to questions from President and CEO, Barry DuVal, on the state of healthcare in Virginia including the importance of collaboration in achieving solutions to some of Virginia’s most urgent challenges, and how the business community can come alongside the state in their efforts to build a strong health care ecosystem in Virginia. Mental Health and Behavioral Well-being: Path to Productivity This panel explores the ongoing challenge of addressing mental health and behavioral health concerns and how communities and businesses can partner to provide the services and supports needed to build resilience. Collaborative Pathways: Growing the Healthcare Workforce This panel brings together business leaders and healthcare experts to explore strategies and best practices for forming strategic partnerships and collaborations to address the complex challenges with the healthcare workforce. Health Care Innovation: Exploring the Impact of Technology in Health Care This panel brings together leaders in health care and research to share about innovative ways technology is enhancing the provision of health care to improve patient engagement, clinical outcomes, and access and availability. Click here to register:

Healthcare leaders have talked about the shift to value-based care for years, and it looks like the winds of change are finally blowing strong! This article highlights insights from various healthcare leaders, such as Cliff Megerian, CEO of University Hospitals in Cleveland, and Joseph Webb, CEO of Nashville (Tenn.) General Hospital.

Earlier this month at Health Evolution Connect in Nashville, our chief product and technology officer Daymon Smith, PMP, MBA, moderated an engaging Deep Dive discussion around the role of #valuebasedcare in driving #healthequity strategies. The two expert panelists included our chief clinical officer, Carmen A. Peralta, MD,MAS,FASN, and Amit Shah, MD, chief medical officer of CareOregon. We appreciate the more than 30 healthcare leaders who joined to participate in this important discussion.     “The shift from fee-for-service to fee-for-value now allows payments to be aligned with the outcomes that patients want to see, and that we want to see,” Dr. Peralta explained. “It allows for a more holistic way of thinking about the patient and enables us to be able to provide services around overcoming barriers to health outside of just the clinical ones.”    Read more about insights from this discussion: https://lnkd.in/eyXR2XVN

Excellent news for HRHS and Hutchinson! As I learn more about our next President and CEO, I am especially appreciative of his commitment to health equity and thrilled by his mention of a "Baldridge journey."

Enjoyed the American Hospital Association panel with Dr. Airica Steed,Ed.D, MBA, RN, CSSMBB,FACHE,IASSC, Rob Fields, & Michael Myint. Nice article that captures the panel themes and key learnings. In short, care starts in the community, ends in the community, and it takes a village in between. Network solutions bring that community together, not just around data, but around the shared patient in the moment that matters.   Thanks to Nancy A. Myers, PhD for moderating! https://lnkd.in/eUMTdpTD

Appreciate Mariah Muhammad's thoughtful summary in the latest Becker's Healthcare piece around the execs priorities. I shared a couple of thoughts about enhancing patient-centric care through personalized care plans, increasing patient engagement, and continuous improvement of the patient journey through prioritizing high-value care by implementing cost management strategies, optimizing care delivery, and promoting interdisciplinary collaboration to enhance patient outcomes and financial stability. Informative thoughts by leaders @Peter Banko Peggy Duggan, MD and Alexa B. Kimball, MD, MPH

Want to guarantee confusion? Ask 10 healthcare leaders for a definition. What is value-based care? The misconception abound. The opportunity to create dramatic value across the system is overwhelming. The system itself makes it challenging. One reason that integrated system have had more success is because they are able to align their entire organization to VBC. Many system run into a simple, common sense problem. How to incentive clinicians - whose performance is judged by fee-for-service metrics - to work in a VBC model? It’s a practical problem. Very concrete. There are billions in savings on the table and better care for communities. What are you doing about it? Attribution is the secret problem. The problem no one talks about. The mysterious figure lurking in the background.

47 health systems ranked by annual revenue Most health systems saw revenues grow in 2023 as patient volumes rebounded and provider productivity increased. However, expenses continued to grow at a rapid rate, outpacing revenue for many systems. Health system financials reflect a strong start to 2024, though the aftermath of the Change Healthcare cyberattack and competition from disruptors may test financial performance in coming months, according to Kaufman Hall's latest "National Hospital Flash Report." Here are 47 health systems ranked by their annual revenue: 1. Kaiser Permanente (Oakland, Calif.): $100.8 billion 2. HCA Healthcare (Nashville, Tenn.): $65 billion 3. CommonSpirit (Chicago): $34.5 billion. 4. Ascension (St. Louis): $28.4 billion. 5. UPMC (Pittsburgh): $27.7 billion 6. Providence (Renton, Wash.): $28.7 billion 7. Advocate Health (Charlotte, N.C.): $27 billion. 8. Trinity Health (Livonia, Mich.): $21.6 billion. 9. Tenet Healthcare (Dallas): $20.6 billion 10. Mass General Brigham (Boston): $18.8 billion. 11. Mayo Clinic (Rochester, Minn): $17.9 billion 12. Intermountain Health (Salt Lake City): $16.1 billion 13. Sutter Health (Sacramento, Calif.): $16.1 billion 14. Cleveland Clinic: $14.5 billion 15. Universal Health Services (King of Prussia, Pa.): $14.3 billion 16. Banner Health (Phoenix): $14.1 billion 17. Baylor Scott & White (Dallas): $13.9 billion. 18. Community Health Systems (Franklin, Tenn.): $12.5 billion 19. Bon Secours Mercy Health (Cincinnati): $12.2 billion  20. SSM Health (St. Louis): $10.5 billion 21. Northwestern Medicine (Chicago): $8.7 billion. 22. IU Health (Indianapolis): $8.6 billion 23. Novant Health (Winston-Salem, N.C.): $8.3 billion 24. NYU Langone (New York City): $8.3 billion. 25. Stanford Health Care (Palo Alto, Calif.): $7.9 billion. 26. Christus Health (Irving, Texas): $7.8 billion. 27. MedStar Health (Columbia, Md.): $7.7 billion. 28. Henry Ford Health (Detroit): $7.8 billion 29. Geisinger (Danville, Pa.): $7.7 billion 30. Beth Israel Lahey Health (Cambridge, Mass.): $7.7 billion. 31. Sanford Health (Sioux Falls, S.D.): $7.2 billion 32. Montefiore (New York City): $7.7 billion 33. UCHealth (Aurora, Colo.): $6.9 billion. 34. BJC HealthCare (St. Louis): $6.9 billion 35. Orlando (Fla.) Health: $6.1 billion. 36. Prisma Health (Greenville, S.C.): $6 billion. 37. Inova Health System (Falls Church, Va.): $5.7 billion  38. Allina Health (Minneapolis): $5.2 billion 39. Allegheny Health Network (Pittsburgh): $4.7 billion  40. Scripps Health (San Diego): $4.3 billion. 41. OSF HealthCare (Peoria, Ill.): $4.1 billion. 42. Norton Healthcare (Louisville, Ky.): $4 billion 43. ProMedica (Toledo, Ohio): $3.3 billion 44. HonorHealth (Scottsdale, Ariz.): $3.1 billion 45. Parkview Health System (Pueblo, Colo.): $2.8 billion 46. Tufts Medicine (Boston): $2.6 billion. 47. Premier Health (Dayton, Ohio): $2.3 billion Credit: Becker's Hospital Review  #healthcare #health #healthsystem #revenue

I couldn't agree more with Omar B. Lateef, DO, president and CEO of RUSH: “At some point, we should stop presenting articles about how it [inequity] exists and start figuring out how to change it." Turning thought into action is what we need to ensure equal healthcare access for all. RUSH University Medical Center is a great example of a healthcare organization working to make an impact for the good of all patients, by shifting the conversation to be more action-oriented. We have a pivotal role to play in advancing health equity. Opposed to thinking "What can I do about it?" - switch the narrative and take it as a challenge. What CAN you do about it? It's time to leverage our expertise, resources, and influence to bridge the gaps in healthcare access and outcomes. It's time we move from conversation to actionable things we can be doing to better our communities. #HealthEquity #HealthcareForAll #Healthcare