Document Detail


The failure of AHERF: 5 important lessons.
MedLine Citation:
PMID:  18709865     Owner:  NLM     Status:  MEDLINE    
Abstract/OtherAbstract:
Important lessons from AHERF's downfall: Strong governance and oversight of management are needed to ensure accountability; Disciplined growth strategies need to be supported by rigorous financial planning and feasibility analysis; Physician integration is critical to grow market share, but needs to be methodical and measured; Robust information systems are necessary to manage costs, maximize revenue, and provide differentiation in quality and clinical outcomes; Disclosure of the financial performance of all of a health system's operations creates greater transparency and builds credibility.
Authors:
Lisa Goldstein
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Publication Detail:
Type:  Journal Article    
Journal Detail:
Title:  Healthcare financial management : journal of the Healthcare Financial Management Association     Volume:  62     ISSN:  0735-0732     ISO Abbreviation:  Healthc Financ Manage     Publication Date:  2008 Aug 
Date Detail:
Created Date:  2008-08-19     Completed Date:  2008-10-02     Revised Date:  -    
Medline Journal Info:
Nlm Unique ID:  8215859     Medline TA:  Healthc Financ Manage     Country:  United States    
Other Details:
Languages:  eng     Pagination:  52-6     Citation Subset:  H    
Affiliation:
Moody's Investors Service Public Finance Group, New York, NY, USA. lisa.goldstein@moodys.com
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MeSH Terms
Descriptor/Qualifier:
Bankruptcy / economics*
Efficiency, Organizational / economics*
Financial Management, Hospital / organization & administration*
Foundations / economics*,  organization & administration
Leadership
Multi-Institutional Systems / economics,  organization & administration*
Pennsylvania

From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine


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