Print Friendly and PDF

Plante Moran 2014-15 New Ideas for Health Care Offers Perspectives on the Changing State of Health Care

Southfield, Mich., June 16, 2014 – The Affordable Care Act turned the health care industry on its head, and four years later, the landmark legislation continues to impact the choices made by organizations, their leaders and consumers.

Plante Moran, one of the nation’s largest certified public accounting and business advisory firms, today announced the release of its 2014-15 New Ideas perspective for the health care sector. The publication explores a number of ideas and perspectives from health care experts that organizations can leverage to drive change within the industry.

According to Matt Weekley, national health care practice leader at Plante Moran, the health care industry is navigating a crucial area of transition.

“The ‘triple aim’ of wellness, patient experience and cost efficiency has changed the way health care organizations are measured, how they compete and ultimately how they deliver care,” said Weekley. “Health care organizations must keep their focus resolutely on the value-based horizon while continuing to operate in the fee-for-service environment.”

The 2014-15 New Ideas for Health Care includes insight from providers including Tim Colburn, president and CEO, Berger Health System; Nathan VanLaningham, senior vice president and CFO, St. Elizabeth Healthcare; Rev. Ken Daniel, president and CEO, United Church Homes; and Randy Bufford, president and CEO, Trilogy Health Services.

Plante Moran spoke with this cross-section of health care providers to understand what impact the Affordable Care Act continues to have on the way health care organizations do business and how it impacts their patients. In addition to this insight, the 2014-2015 New Ideas report delves into three major areas that will be crucial in 2014, 2015 and beyond:

Demonstrating Value – In today’s shifting reimbursement landscape, every health care provider is looking for sustainable solutions to remain competitive by living up to the mantra of higher quality care at lower costs. Value-based purchasing provides opportunities for hospitals and other providers to be rewarded for those efforts – or penalized for failing to live up to standards.

Point of Care – From large health systems and academic medical centers to small hospitals and
health care startups, providers are considering how data analytics can help them survive and thrive in the value-based reimbursement world.

Good Help – The health systems and providers that will succeed in tomorrow’s value-based
health care environment will be those that invest the time and resources to understand how their strategies need to change to maintain healthy populations. The report spotlights how
Bon Secours Health System, Inc., based in Marriottsville, Md., is putting in place the care programs required to keep the population healthier longer while also making programs work financially.

“Success will require continued attention to the time tested tenets of running a health care organization – streamlining operations and expenses while maximizing reimbursement and simultaneously investing in the innovations that will carry organizations into the new era of health care,” Weekley said.

Leaders of Plante Moran’s health care service lines, in addition to strategy and operations consulting, reimbursement advisory services, audit and tax, capital projects consulting and transaction advisory services, contribute their perspectives on how shifting payment models are redefining the way providers must operate today as well as in the future.

The full report can be downloaded here.

Free Archived Webinar
As a supplement to the 2014-15 health care report, Plante Moran recently hosted a webinar that examined America’s senior population and its unique care needs. Karen Reich, CEO of Bon Secours St. Petersburg Health System, joined Betsy Rusty, Plante Moran strategy and operations consulting co-leader, for a one-hour discussion on how Bon Secours is putting in place cost-efficient care programs needed to keep older Americans healthier longer. Download the recorded webinar here.

About Plante Moran
Plante Moran is among the nation’s largest certified public accounting and business advisory firms, providing clients with tax, audit, risk management, financial, technology, business consulting, and wealth management services. Plante Moran has a staff of more than 2,000 professionals in 21 offices throughout Michigan, Ohio and Illinois, with international offices in Shanghai, China; Monterrey, Mexico; and Mumbai, India. Plante Moran has been recognized by a number of organizations, including FORTUNE magazine, as one of the country’s best places to work. For more information, visit