Cost Effectiveness of Health Report, August 2023

This issue of HFMA’s Cost Effectiveness of Health Report, sponsored by Kaufman, Hall & Associates, LLC, features an expert-reviewed article that examines lessons learned after two years of price transparency regulations. Also included is a commentary that highlights a new initiative focused on the problem of homelessness, in which healthcare providers can play a meaningful role.

Price transparency

Key questions for providers after more than 2 years of the price transparency rule
By Fred Stodolak and Govid Goyal
Evidence amassed from over two years of experience with compliance reinforces why providers need to focus on chargemaster prices and self-pay discount policies — and how they can benefit from analyzing trends in consumers’ price searches.

Social determinants of health

Commentary: How homelessness and healthcare are inextricably linked
By Ken Perez
Homelessness is one of the most challenging social determinants of health in the United States, which means healthcare providers have a key role to play in addressing it. A promising new not-for-profit initiative, Built for Zero, may provide a truly effective solution to the problem, using a data-driven approach that includes participation by healthcare provider.

Population health

Children’s hospitals swim against the tide to improve the health of their patients and communities
By Nick Hut
A recent panel discussion highlighted some of the distinct challenges that pediatric hospitals are working to overcome amid their efforts to bolster population health.

Healthcare finance

What to expect when a consultant call-in report is required
Sponsored by Kaufman Hall
By Sarah Dawkins, Saba Noorali and Lance Robinson
Difficult operating and financial conditions have put some hospitals and health systems at risk of breaching their debt covenants. In many cases, a consultant call-in report will be required to identify opportunities to bring the organization back into compliance.