Best Practices

2019 SFHEF Healthcare Leader Development Case Competition: Another Successful Year! Print E-mail
Written by FHInews   
Thursday, 18 April 2019 00:00
The Dania Beach based South Florida Healthcare Executive Forum (SFHEF), a local chapter of the American College of Healthcare Executives (ACHE),  recently announced the 2019 SFHEF Healthcare Leader Development Case Competition participants and winners. 

The awards ceremony was held on April 18, 2019 at Memorial Regional Hospital- Memorial Healthcare System (MHS) in Hollywood. In the graduate division, the first, second and third place winners and first runner-up placement are Florida International University Healthcare MBA program; Florida Atlantic University Health Administration program; Barry University Health Services Administration & Public Health program; and in its inaugural year, University of Miami Health Management and Policy program, respectively.  In the undergraduate division, first, second and third place winners are the University of Miami Health Management and Policy program, in its inaugural year; Keiser University Health Service Administration program; and Florida Atlantic University, Health Administration program, respectively. The ceremony was part of SFHEF's monthly educational program.  The educational event, titled “Mapping Your Career,” offered a great complement to the theme of healthcare professional and leadership development, reflected by participation in the case competition.

The case competition took place at Holy Cross Hospital in Ft. Lauderdale on Friday, April 12, 2019. This year featured 7 teams with a total of about 29 students from the undergraduate and graduate health management and administration programs in 5 local South Florida universities and facilitated by the support from their respective program advisors. These universities are members of the ACHE Higher Education Network (HEN). The teams were awarded both monetary and non-monetary prizes.

“It is amazing to witness the growth of the case competition events over the years, and more important, the impact that they have on the professional development of participating students who will become our future healthcare leaders," stated Oyinkansola “Bukky” Ogunrinde, the SFHEF Board of Directors 2019 Student Services Chair. "I am grateful for the unwavering support of the 2019 SFHEF Board of Directors especially our president, Charles Felix, for his commitment to making the case competition a great success,” she added.

The case competition allows students to work together in teams over the course of 3 months on a specified case study.  It is held every spring and has been held every year since 2002. The topic changes each year to reflect the latest issues and challenges confronting the healthcare industry. This year, the focus was on Aetna and the transformation of healthcare.  The students were charged with developing substantive and effective recommendations to the important considerations given the foreseeable acquisition of the organization by CVS. The students rose to the challenge as evidenced by the high performance in their presentations on the day of the case competition. The student teams are partnered with liaisons and mentors who are executives from various healthcare organizations - a distinguishing format of the program which was designated a best practice by both ACHE and the Association of University Public Health Administration (AUPHA). There were 7 liaisons, 4 mentors, a panel of 3 subject matter judges, and a committee of about 7 people that made the case competition a success.

“We look forward to the 18th annual case competition and appreciate the support from the community of healthcare organizations and leaders through active membership participation in SFHEF, and by way of specific support of the SFHEF Foundation,” Charles Felix, the 2019 SFHEF president, said. "The foundation was established for the purpose of continuing to develop the healthcare leaders of tomorrow through educational events and programs like the SFHEF Healthcare Leader Development Case Competition," he added.

Last Updated on Saturday, 04 May 2019 07:35
1 in 5 physicians use telehealth; burnout may drive more adoption, survey says Print E-mail
Written by FHInews   
Tuesday, 16 April 2019 17:52
Heather Landi reports for Fierce Healthcare on Apr 15, 2019:
About 1 in 5 physicians currently use telehealth to care for patients-up from about 5% in 2015-and that figure is expected to soar within the next few years, a new survey from telehealth company American Well  found. By 2022, more than half of physicians (61%) who are not currently using telehealth indicated they are either very likely or likely to start using telehealth representing half a million doctors, according to the survey, which polled 800 physicians. The survey revealed a correlation between physicians' interest in using telehealth and physician burnout. Specialists which are among the most burnt out according to an Advisory Board Company survey, including urologists, emergency medicine physicians, infectious disease specialists, and pediatricians, are also the top specialties willing to practice via telehealth, according to the American Well survey.
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Last Updated on Monday, 13 May 2019 18:12
Patient satisfaction doubles when docs address bad reviews Print E-mail
Written by FHI's Week in Review   
Monday, 15 April 2019 16:44
Tony Abraham reports for Healthcare Dive on 4/12/19:
Patientpop surveyed 839 patients on their experiences with online reviews. Patients like when their doctors respond directly to the bad reviews they post online, nearly doubling patient satisfaction rates and dropping the rate of dissatisfaction by as much as 59%, according to a survey from the practice management software company. Google was the most popular website for posting reviews among those surveyed, followed by the practice's site, Yelp and Facebook.
Read more in the curent issue of Week in Review>>
Last Updated on Monday, 15 April 2019 16:51
Thinking about selling a medical practice? How to prepare your business Print E-mail
Written by Jackie Bain   
Tuesday, 09 April 2019 16:54
Thinking about selling a medical practice? Here are 5 steps for preparing your business in advance of a transaction.
  1. Visit your financial planner.
Be sure that you can afford to leave the business, if you are retiring. Most times, buyers will require a comprehensive non-compete and you should be absolutely certain that you are financially prepared to retire or sell before you sign that restrictive covenant.
  1. Visit your accountant.
Get your financial history in order. Review and re-review your tax returns and profit statements for the past three years to ensure that the business is appropriately reflected in those records. Take the time to clean up any "creative" bookkeeping so that the buyer is given a complete and accurate picture of the business they are buying into. You are likely going to have to make a representation that your financial disclosures are true, so take the time to get comfortable with that representation early on.
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Last Updated on Monday, 06 May 2019 17:56
Study: Medicaid Expansion Linked to Cardiovascular Health Improvement Print E-mail
Written by FHI's Week in Review   
Monday, 08 April 2019 11:18
EurekAlert! reports on 4/5/19:
Counties in states that expanded Medicaid coverage under the Affordable Care Act had fewer deaths annually from heart disease compared to areas that did not expand Medicaid, according to preliminary research presented at the American Heart Association's Quality of Care and Outcomes Research Scientific Sessions 2019.
Read more in this week's issue of Week Review>>
Last Updated on Monday, 08 April 2019 11:24
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