The Nanaimo Regional General Hospital (NRGH) of British Colombia, Canada has seen a decrease in patient deaths for 2011–2012, reported the Nanaimo Daily News. 

Today’s decision by the U.S. Supreme Court to uphold the controversial Patient Protection and Affordable Care Act confirms the direction of healthcare reform that had already begun a few years ago.  Many payers and providers, responding to the slowly emerging regulatory architecture of the law, have embarked on large scale transformational initiatives which will fundamentally change their business models forever.  Even before the first draft of the health reform law was complete, a radical shift was already gaining momentum and leaders of healthcare organizations were facing mounting pressure to reinvent the healthcare system.

We’re fast approaching our second annual High Performance Virtual Summit. The event will focus on ways to cope with the new era of disruptive change. The virtual summit will be conducted on February 29, 2012 and will bring together healthcare leaders from across the country including Gundersen Lutheran, Center for Health Transformation and Stand Up To Cancer to share actionable insights on how healthcare organizations can implement progressive strategies and tactics to become more efficient and in many cases… survive.

The news for Financial Services firms and Banks has been particularly grim over the last couple weeks.  There has been a litany of pressures and consequences at both macro and micro levels, such as: The Federal Housing Finance Agency suit announced last Friday over the misrepresentation of private-labeled mortgage-backed securities to Fannie and Freddie, the anticipated formal delay announced last Thursday by the Federal Reserve Board on the release of Dodd-Frank rules, and the announcement from the Treasury Department two weeks ago that JP Morgan Chase agreed to settle for $88M over OFAC violations.

The pressures of Dodd-Frank are not just directed at the banks but also regulators, insurers, and of course consumers.   The US Court of Appeals ruled just two weeks ago* that the SEC acted "arbitrarily and capriciously" in failing to fully assess the financial impact of a new proxy rule.  Clearly the challenge of demonstrating a new rule's impact on efficiency, competition, and capital formation is daunting for the regulators and will surely continue to stall the development of the 400 rules required by the new law.

One year later, the Dodd-Frank law is still in labor pains - only 12%* of the 400 rules have been delivered with still no clarity on really how much risk it will eliminate for businesses and their customers. Ironically, the complexity in regulations and oversight themselves creates one of the more significant risks near term - risk to profitability, risk to transparency, and risk to compliance.

The article is about putting enterprise management into practice while balancing enterprise risk management (ERM) with a vision. Join the Webinar to learn more about building mature and effective ERM enterprise risk management.

Enterprise risk management has become a core competency in the turbulent environment financial services today. Successful ERM programs require significant executive voice and organizational commitment at all levels. Watch the live webinar about principles and the roadmap for building mature and effective Enterprise Risk Management (ERM) that leads to competitive advantages.  

Healthcare reform has brought Accountable Care Organizations (ACOs) into the spotlight again. This post highlights the positive and negative sides of ACOs and what they can bring to the healthcare industry.

With more than 3 million baby boomers becoming Medicare eligible this year alone, healthcare providers are facing the quandary of providing superior patient care while remaining financially viable. An important part of your strategy needs to address how to achieve speed in patient care and claims processing while simultaneously improving quality.