Transforming Patient Access and Engagement
St. Luke’s Cornwall Hospital overcame patient access challenges with more than a technological fix. The hospital necessitated a culture change and put a high priority on data capture and analysis of previously unmeasured KPIs.
3 Key Areas for Financial Assistance Compliance
These requirements relate directly to hospital revenue cycle operations. Failure to comply could result in substantial penalties or the loss of not-for-profit status.
Providers Should Keep Watch on Payer Discount Increases
A significant uptick in payer contractual allowances and discounts in the first quarter of 2018 indicate that hospitals should remain focused on payer mix and payer category shifts.
hfm Magazine: November 2018
The November 2018 edition of hfm explores people and culture in healthcare finance, focusing on performance improvement, academic-community relationships, and care delivery.
Current Forces Shaping the Technological Landscape
Factors that are driving the increasing use of digital technology in health care include consumer expectations for cost transparency and a new outcomes-based payment and delivery models.
Sample Footnote for a Cost Accounting Report
This is an example of the type of footnote an organization might provide in its cost accounting report and is intended to serve as a template for such a footnote. It originally accompanied the article “Selecting the Right Costing Model,” by Paul Selivanoff, CPA (November 2018 hfm).
A New Approach to Curtailing Pharmacy Costs
In an effort to improve the availability and value of treatments that are available to patients, major health systems have banded together to form a new company that will produce generic drugs.
Sidebar: Additional Strategies for Managing the Drug Cost Problem
In an effort to improve the availability and value of treatments that are available to patients, major health systems have banded together to form a new company that will produce generic drugs.
Leading Through an Era of Disruptive Innovation
Many technological and infrastructure investments may seem enticing these days, but healthcare leaders should evaluate which are worthwhile by considering whether they will benefit patients and enhance the value of care.
Operationalizing Predictive Analytics to Guide Healthcare Business Decisions
Providers and health plans are turning to predictive analytics as a tool for identifying actionable insights that can be used to control costs and improve outcomes.