Archives for November 2015

With a Cancer Patient’s Gift, Closer to a Cure

A successful Silicon Valley entrepreneur, Lane Bess is a self-described “hard-charging risk taker,” accustomed to making things happen. But when doctors diagnosed him in 2011 with large granular lymphocyte (LGL) leukemia—a rare and incurable blood cancer—he felt a rare sense of helplessness.

Bess traveled across the country to seek care and learn more from the man who discovered the disease: Dr. Tom Loughran, director of the UVA Cancer Center. That experience led to an unusual gesture of gratitude. [Read more…]

From the CEO’s Desk: Five Questions for Brad Haws

Brad Haws

UPG CEO Brad Haws

1. You took the helm of UPG five years ago, in 2010. What lessons have you learned as CEO?
There have been so many valuable lessons, but one of the key lessons is that you can’t succeed without the ability to work together, to be a good partner. I think this is so important in our environment, because of the size and complexity of our operation. [Read more…]

Activity Index for Nov. 2015: Clinical Volumes & Quality

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Current Collections Trends

Workload Trends FY16 for newsletter_002

Current Workload Trends

Snapshot of first quarter FY 2016:

Workloads are strong, slightly ahead of budget and showing a 4.7% improvement over this time last year.
Cash collections are 5.0% above budget and 3.6% above the prior year.
Days in A/R: 35.1 (for September)

 

 

 

[Read more…]

Gifts That Say, “Thanks, You Make a Difference”

Doctor_HandHoldingEvery day, the  UVA Health System receives gifts made in honor of individual physicians, nurses, researchers, and others who make great care at UVA even better. These gifts came from patients honoring their caregivers, from medical and nursing alumni, and from colleagues showing their appreciation to those who work alongside them. [Read more…]

Highlights of FY 2015 Operations

  • doctor-discussing-with-his-patient

    Outpatient activity grew by 4.8% compared to last year.

    UPG concluded fiscal year 2015 with a surplus of $3.5 million. Several one-time events made this surplus possible, notably Meaningful Use incentive revenue and prior year indigent-care funding. Without these one-time events, the annual result would be a deficit of $3.9 million. As federal program incentives and other one-time revenues decline, additional clinical revenues and expense management will be necessary to sustain our operations, to continue to invest in the academic mission at historic levels, and to achieve market compensation for faculty.

    [Read more…]