Newsletter

May 3, 2021

 

 

Leadership Spotlight:

Creating a Culture of Wellness

Behind the face shields, masks, gowns and other personal protective equipment designed to protect against COVID-19, healthcare workers have been battling internal stressors for more than a year, including concerns about finances, their children’s education and their personal health. In the cover story of the latest issue of Healthcare Executive, we explore the evidence-based actions at the individual and organizational levels that serve as “psychological PPE” for a healthcare workforce fatigued by the pandemic. These actions include measures such as limiting staff time on shifts, offering peer support and expanding behavioral health resources.

Visit HealthcareExecutive.org to read more of the May/June issue of ACHE’s official magazine, as well as exclusive web extras.

New Study: AI to Become Pervasive in Hospital Revenue Cycle by 2023 

Artificial intelligence is poised to transform the way doctors, hospitals and healthcare systems identify, collect and manage their revenue cycle over the next three years, according to a new study by Change Healthcare. Two-thirds of hospital and health system executives report using AI in some revenue cycle capacity, and nearly all expect to be using it pervasively within three years. Among the study’s findings:

  • Nearly all U.S. hospitals plan to use AI pervasively across the revenue cycle within three years.
  • Stark gaps in opinion are hindering healthcare from fully capitalizing on the transformative power of AI.
  • AI is driving a wide range of improvements, but the approach is tactical and not end-to-end.
  • Financial, security and privacy concerns continue to hinder AI adoption.

These insights and more are detailed in Poised to Transform: AI in the Revenue Cycle, a national study of 200 revenue cycle, IT, finance and C-suite decision-makers commissioned by Change Healthcare and conducted by market researcher ENGINE Insights.

Download the full report at www.changehealthcare.com/insights/ai-transforms-revenue-cycle-management.

Change Healthcare, an ACHE Premier Corporate Partner, provided the content above.

Complimentary Career Development Course Just for Students

With the new Student Associate Career Development Course, students can navigate career paths, professional growth and success as a future leader. Designed for Student Associate members and Higher Education Network partners, this complimentary course capitalizes on ACHE’s unique, self-guided career development tool ACHE CareerEDGE® SE to leverage self-assessment data, career preferences, job search strategy and healthcare field information. The course consists of eight self-guided modules. It will introduce participants to the benefits of professional society membership and explore how involvement in local chapter and national events can enhance one’s career network. Course participants can also expect to define a vision for ongoing professional development through board certification and gain a personal commitment to lifelong learning. Learn more and register today. 

Final Call: Career Accelerator Program Applications Due Next Week

Mid-careerists from racially, ethnically and LGBTQ-diverse backgrounds have until May 14 to apply to the inaugural Thomas C. Dolan Career Accelerator Program. This exciting, new ACHE career development program seeks to expand the reach of ACHE’s premier Thomas C. Dolan Executive Diversity Program by empowering mid-level careerists to advance to higher leadership roles. Since 2014, the Executive Diversity Program has helped to prepare senior-level healthcare careerists from underrepresented groups to ascend to and advance in the C-suites of hospitals, health systems and other healthcare organizations. With the addition of the Career Accelerator Program in 2021, diverse executives with at least five years of management experience can still access the Dolan program’s high-quality education and professional development experience with the ability to personalize their participation in the six-month program.

To apply to the 2021 Dolan Career Accelerator Program, review the application requirements here, and complete the application for submission here. To learn more about the Dolan Executive Diversity and Career Accelerator Programs, both of which are wholly supported by the Fund for Healthcare Leadership, visit ache.org/ExecutiveDiversityProgram.  

Explore HAP’s 2021 Professional Publications Catalog 

Whether you are seeking safety resources or ACHE Board of Governors Exam study tools, the Health Administration Press 2021 professional publications catalog has it all. You’ll find new and upcoming titles such as Patient No Longer: Why Healthcare Must Deliver the Care Experience That Consumers Want and Expect and Lead the Way in Five Minutes a Day: Sparking High Performance in Yourself and Your Team, and ways to save, such as HAP book bundles. The catalog’s table of contents helpfully lists books by topic to make it easier to find exactly what you’re looking for, whether it’s related to financial management or physician and clinician relationships. Check out the 2021 professional publications catalog today.

Free Gratitude Symposium for Healthcare Workers 

This month, anyone who works in healthcare or plans to can attend a free, virtual event meant to thank, teach and inspire. Beginning today, on-demand presentations given by 45 well-known thought leaders will be released each weekday during The Gratitude Symposium to benefit healthcare professionals and students aspiring to work in the field. Hosted by Quint Studer and the Studer Family of Companies, the month-long series will explore a range of topics such as the future of healthcare; diversity, equity and inclusion; leadership; and social determinants of health. Those interested in attending can register for free and view the videos when most convenient. Learn more and register today.