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Sharon Kelley Explains Controlling Salaries amidst Healthcare Reform | |
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January 14, 2013 Sharon Kelley takes a closer look at the salary model and its positive effects on lowering the cost of healthcare and at the same time, providing better patient care. Sharon Kelley, former healthcare CFO who currently serves as an Independent Consultant and Revenue Cycle Subject Matter Expert, takes a closer look at controlling salaries in the midst of healthcare reform. As the current administration looks to hospitals like the Mayo Clinic, the Cleveland Clinic, and Bassett Healthcare as models of quality care at a lower cost in this era of healthcare reform and patient care before profits, we must acknowledge the striking similarities among these accountable care organizations; physicians are salaried, explains Sharon Kelley. Unlike another method known as fee-for-service, where doctors and hospitals are paid for each service performed and are compensated based on the number of services provided, salaried physicians' income isn't based in the number of tests and procedures ordered. The fee-for-service model is a prime example of why more isn't always better and explains why our country spends more on healthcare than any other country, yet we don't get better results, explains Sharon Kelley. According to former healthcare CFO, Sharon Kelley, healthcare Chief Financial Officers should begin preparing for the impacts of the American healthcare system's transformation by ensuring that they offer a delivery model that will encompass the necessary success items for an accountable care organization (ACO). If we look to the existing ACO's like Bassett Healthcare, the Cleveland Clinic, and the Mayo Clinic, we gain a better understanding of the salary model and its positive effects on lowering the cost of healthcare and at the same time, providing better patient care. As Sharon Kelley previously explained during her speech at the National Healthcare CFO Summit, "The focus within healthcare organizations will change from solely growth driven solutions to an approach based in leadership competencies. Infusion of talent is important." The infusion of talent, combined with preparedness and looking to other ACO's can help CFO's prepare for healthcare reform and provide outstanding patient care and reduce costs. About Sharon Kelley Sharon Kelley is an accomplished financial management executive with extensive expertise in healthcare financial leadership. She currently serves as an Independent Consultant and Revenue Cycle Subject Matter Expert at Soar Consulting, LLC. Sharon Kelley attended Duquesne University and University of Pittsburgh. For additional information, contact: Sharon Kelley 1030 Old Orchard Drive Gibsonia, PA 15044 703-376-7055 sharonkelley3@gmail.com http://www.linkedin.com/pub/sharon-m-kelley/20/633/789 Source: http://www.1888pressrelease.com/sharon-kelley/sharon-kelley-cfo/sharon-kelley-explains-controlling-salaries-amidst-healthcar-pr-449275.html |
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