Systemness as a Lever for Greater Health System Resilience
Systemness, or operating in a way that enables the system to create more value than the sum of its parts, enhances an organization’s business resilience. The most important manifestations of systemness are patient access and provider network management.
Healthcare Cost Containment: October 2018
Subscribers can access the October 2018 issue of Healthcare Cost Containment.
Proposed Regulatory Relief Saves $1.1 Billion for Providers
A proposal to eliminate required outpatient medical histories and physicals could reduce costs for healthcare providers by $454 annually.
Key Factors in Cath Lab Financial Performance
The average cath lab program generates a negative profit margin on Medicare patients, and that population is growing. Analyzing cath lab care pathway design can help hospital leaders bend the cost curve back to operating profitability.
Cost Accounting: Bridging the Gap Between Where You Are and Where You Should Be
By creating a single source of truth, MultiCare aims to have coordinated oversight of all data, including security and design, and provide a consistent training curriculum for its finance team.
A Growing Health System Contains Costs Through Outsourcing
Methodist Health System wanted to manage and maintain its facilities more efficiently after more than a decade of expansion. Improved contracting practices saved $250,000 in the first several months.
Regional Hospital’s Focus on Rapid Results Reaps $6M in Savings
Henry Ford West Bloomfield uses 100-day productivity cycles to improve operations and reduce waste. Over a three-year period, the hospital saved $8.7 million contributing to a financial performance turnaround.
Revenue Cycle Strategist: October 2018 Issue
Subscribers can view the October 2018 issue of Revenue Cycle Strategist.
Outsourced Revenue Cycle Operations Experience Higher Denial Rates
Outsourced revenue cycle operations have lower performance on denial rates but other factors may still make outsourcing a viable option.
Using Seventh Characters
What are the key factors to consider when training coders on seventh characters?