Read the following articles featured in the Summer issue of Strategic Financial Planning newsletter.
How hospitals can create cost advantage where product differentiation is not present
William O. Cleverley
Cost advantage can be achieved in two ways: Identifying whether efficient levels of cost exist and benchmarking.
Joint venture removes provider, patient and payer barriers
Ed Avis
Banner Health and Aetna align value-based care with economic incentives to reduce the cost of care.
Dental center prevents ED visits, provides hospital referrals
An Interview with Mary Joyce Gomez by Ed Avis
St. Bernard Hospital Dental Center offers comprehensive and hard-to-access oral health services and surgeries to pediatric and adult patients on Medicaid, particularly special needs patients, which reduces costly emergency department visits and offers referral opportunities to other hospital services.
Comparative analytics: putting data to work
From Our Sponsor, Kaufman Hall
James Blake, Scott R. Engel, and Erik Swanson
An effective comparative analytics platform requires four attributes: single sourced, structured, appropriate, and timely.
The art of execution: Identifying and mitigating risks in healthcare provider organizations
Pamela Damsky, Myra Aubuchon and Cynthia Bailey
Three examples illustrate the steps of putting designed processes, structures, policies, or systems into action using a methodical and intentional approach to change management.
Web extra: Sample provider profile with recommendations for change
Care management for Medicare patients drives more than 50% of savings
Care management for Medicare patients accounted for more than half of the shared savings in a study of three accountable care organizations.