Corporate News Every day we are bombarded with negativity. If you watch the media, it is all doom and gloom. Take heart, my dear friends….we are in the RIGHT business if we are committed to the cause of hospice and are incorporating the operational structures, methods and cultural tools that help us balance purpose and financial realities...
  I am saddened by the recent string of losses of valuable individuals in our hospice world. These are some of my dear FRIENDS - CEOs, leaders and front-line staff whose contributions cannot be fully appreciated...
 Our current economic climate is forcing hospices to find creative ways to remain competitive. Outsourcing of certain business functions is increasingly popular to let key hospice staff offload necessary but peripheral duties and focus on core services...
 If you have not already been made aware, there is a new reporting requirement on your annual cost report. Department of Health and Human Service (DHHS)/Center for Medicare and Medicaid Services (CMS) issued Transmittal 8 on 29 June 2011 adding the following reporting requirement on Hospice Cost Report...
 I cringe a bit when I make this statement…and I can feel everyone reading this perspective "tense" up. But the brutal reality for any business organization is the worn-out expression, "No Money, No Mission." I avoid using the phrase, but it is true. One does not completely understand...
 MVI has released 5 new products in the Bereavement area. Bereavement is one of the most underutilized and potentially value-adding areas a hospice can develop. These offerings introduce...
 It is very exciting to see what hospices are doing with their People Development processes. As referenced in the People Development and The Model™ CD, MVI has created 3 Model Workbooks that can be customized for immediate use at your hospice...
 Our position is based on our objective, non-political view for we are not affiliated with any national trade organizations or groups. We serve hundreds and hundreds of hospices of all flavors including Not-For-Profit, For Profit, large, small, community-based, and national companies...
 In the old days, hospice operational decisions were slowed as accountants were tasked with analyzing the potential impact of changes. No more. The Decision Dashboard equips hospice leaders with instantaneous "What-If" analysis capabilities and presents immediate results in a visually stunning format.
 The reality is that patients and families do not care how much you spend. They want results: Zero pain if possible, affordable services, prompt response to needs, ability to determine level of service, and so forth. If you spend 12% of Net Patient Revenue on medications, does it make the patient happier?
 You may not think a single percentage point variance is a big deal. But, each percentage point represents a lot of money. As we look at profitability in the hospice world, it often boils down to single percentage points. Usually when a hospice is doing well financially, the operational profit does not come from one area of excellence.
 All hospices have a model. Hospices may think that they are not doing the MVI Model and that is okay. However, all hospices have a way of doing business which is essentially a model. These models usually evolve organically over time. The big difference is that what we are prescribing is the intentional creation of a way of doing hospice.
 Benchmarking Application - Version 9 is scheduled for re-lease in July. It will contain very powerful query options that will allow clients to glean insight into specific hospice practices at will and within moments. Last October, MVI linked specific hospice practices to financial results to create truly Quantified Best practices from a financial per-spective. This was perhaps the first time in hospice history that true quantification of practices and vendors has been done on any scale. With this new benchmarking release, many of these practices will be available on a permanent basis and reflect up-to-date information.
 Most people in the Hospice Industry have heard of Andrew Reed but many don’t know about his diverse interests and talents or about his artistic mind. I have known Andrew for years as a friend but have never had occasion to work with him. Recently I became associated with Multi-View Partners and had the opportunity to pose questions to Andrew I had always wanted to ask.
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