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The Hereford Model – M Wealth Fairview

WEBJames Hereford built his reputation applying the ‘lean model’ to healthcare. First developed in the automotive and manufacturing industries, lean thinking has recently infiltrated the …

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Race to the Bottom Healthcare – M Wealth Fairview

WEBJan 2007. Fairview execs are quoted in Star Tribune, lamenting the rise in uncollectable bills. “Fox said the total volume of bad debt in the Fairview system increased by 280 …

Category: Health Go Health

Your Guide to Nonprofit Hospital Finance, Part 2 – M Wealth …

WEBA common misconception about nonprofit hospital finance is that unlike publicly traded corporations, they are not responsible to shareholders or investors.

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Profit-Driven “Non-profits” – M Wealth Fairview

WEBIn 2013, 7 of the 10 most profitable hospitals in the country were classified as “ nonprofit”. Let that sink in… 7 out of the 10 most profitable hospitals in the U.S. run as nonprofit …

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At Whose Expense

WEBIn 2018, Fairview conducted what is called a Community Health Needs Assessment for Bethesda Hospital. Through this process, Fairview gathered demographic and health …

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Your Guide to Nonprofit Hospital Finance, Part 1 – M Wealth …

WEBWith our 24-hour news cycle and constant access to social media outlets, it’s hard to be surprised at anything these days. In the midst of this constant news fatigue, one thing …

Category: Health Go Health