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Think As Two; Act As One

Think As Two; Act As One

by Jim Burnette, President/CEO, HospitalMD A service area population of 20,000 produces approximately 2,600 admissions per year. At some point, you probably accepted the fact that you still do not keep as many acute inpatients in your hospital as you think you should....

The Dilemma

The Dilemma

of Physician Recruiting and Pay by Jim Burnette, President/CEO, HospitalMD You know you need more revenue. You know you need more physicians and that recruiting them is an expensive decision, and a risky one as well. You know you must generate higher patient volume...

Structural Barriers to Financial Success

Structural Barriers to Financial Success

by Jim Burnette, President/CEO, HospitalMD Historically, most hospitals, large and small, have been organized around patient diagnoses, treatments, procedures, anatomy, diagnostic examination, acuity, and age. Clinical support services that did not fit came to be...

Seeds For A Successful Hospital Medicine (HM) Service

Seeds For A Successful Hospital Medicine (HM) Service

Correcting Misunderstandings And Questions to Consider For a HM Service by Jim Burnette, President/CEO, HospitalMD THE NEED FOR HM SERVICE There are two fundamental purposes for a HM service: (a) “coverage, and (b) revenue growth. To ask if the purpose of your HM...

Seeds and Silos

Seeds and Silos

by Jim Burnette, President/CEO, HospitalMD In the last issue I illustrated several ways we help hospitals return to financial viability. These practical strategies can increase revenue by millions. We believe you should expect quantum results, not incremental changes...

Financial Viability Is Closer Than You May Think

Financial Viability Is Closer Than You May Think

by Jim Burnette, President/CEO, HospitalMD In the last issue I stated that the pace and pressure of market forces are pushing small community hospitals (SCHs) to respond quickly to declines in reimbursement rates and increases in operating costs. Your choices...

Real Solutions in Changing Times

Real Solutions in Changing Times

by Jim Burnette, President/CEO, HospitalMD Our last issue addressed three economic and social forces that are changing the industry and are challenging the viability of small community hospitals (SCHs). Two of these forces are impacting revenue: more people with...

Welcome to in•sight!

Welcome to in•sight!

by Jim Burnette, President/CEO, HospitalMD Welcome to the first issue of in•sight! I came to healthcare over 25 years ago from outside the industry. I was shocked to discover that decades earlier, other industries had solved many of the same problems of efficiency and...