The Stead Health Group, Inc.

WELCOME TO THE STEAD HEALTH GROUP
The Stead Health Group has expertise in Health Care Communication Transformations, Operations Improvement, Strategic Planning and Positioning, Financial Analysis and Turnaround, Program and Service Line Development, Facility Planning and Development. We apply strategy, customized to each client, resulting in tangible, bottom-line financial improvements.

Newsflash

In what could be a new trend across the country, 15 HCA hospitals in Florida are redirecting non-emergent patients to nearby, less-expensive clinics for care. Nurses in the hospital's waiting area identify potential non-emergent patients, who are subsequently screened by a physician to comply with EMTALA laws. Critical to this initiative is proper documentation.

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PQRI Information at PQRI.info ASP Payment decreased Part B Costs by $800M CMS extends Medicare participation decision date Physician's Medicare Payments Will Decrease MedPac Considers Hospital Cuts

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1.5M Serious Medications Errors Annually

Serious medication errors occur 1.5 million times a year in the U.S., says an Institute of Medicine study sure to stir renewed demands for changes in medicine.
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ED Diversion Reduces Revenue

A study in the July 12 online issue of the Annals of Emergency Medicine finds that hospitals can increase revenue if their EDs decrease ambulance diversion times and they add more ICU beds.
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Not-for-Profits Excel

According to a new report from Fitch Ratings, the nation's not-for-profit hospitals and health systems in 2005 "exceeded expectations and showed significant [financial] improvement," with profitability ratios reaching their highest level since 1998. Fitch released the data as part of its 2006 Median Ratios for Nonprofit Hospitals and Health Care Systems report and said the rising profitability was largely a result of higher revenues and stricter operating cost controls.