By Rose O. Sherman, EdD, RN, FAAN If you work in healthcare then you probably already know that today is the day that hospitals and healthcare providers must begin using ICD-10 for coding. ICD stands for the International Classification of Diseases developed by the World Health Organization. It is used globally although in many countries, it is not part of their … [Read more...]
Thinking More Strategically
By Rose O. Sherman, EdD, RN, FAAN If you ask any healthcare executive recruiter today about key skills that they look for in candidates, the ability to think strategically will be high on the list. That is a competency that everyone is looking for today. Figuring out a winning strategy in today’s health care environment is challenging. The pace of change is rapid. It … [Read more...]
The Impact of ICD-10 on Nursing
By Rose O. Sherman, EdD, RN, FAAN If you work in a healthcare organization in the United States today, you are probably hearing a great deal about the implementation of ICD-10 diagnostic codes which will be required for reimbursement effective October 1st, 2015. ICD stands for the International Classification of Diseases developed by the World Health Organization and used … [Read more...]
Shopping for Value in Healthcare
By Rose O. Sherman, EdD, RN, FAAN Historically, consumers and large employers have not shopped for value in healthcare but this is changing. In a recent article in Hospitals and Health Networks, Joe Flowers writes about healthcare reaching a tipping point and the levers that are taking it there. Value for service is becoming a key element in the selection process and this … [Read more...]
Compassionate Care and the Bottom Line
By Rose O. Sherman, EdD, RN, FAAN Caring and compassion are often considered "soft factors" that while important in healthcare are not what really influences the achievement of performance measures or maintaining financial viability. A study entitled Building-Compassion-into-the-Bottom-Line released this week by the Schwartz Center for Compassionate Care refutes those … [Read more...]
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