Engaging Physicians in Strategic Decision Making
Physicians need structured opportunities to offer feedback to organizational leaders. One Missouri hospital has created several forums that give physician leaders regular access to the president and CEO to promote greater collaboration and transparency.
Revenue Cycle Strategist: November 2018 Issue
Subscribers can view the November 2018 issue of Revenue Cycle Strategist.
Key Strategies for Performance Improvement
Developing engagement across a hospital or health system encourages collaboration and problem solving on costly claim denials.
4 Clinical Reasons for Denials
Denial prevention efforts should focus upstream in the revenue cycle, starting with patient status and continuing through documentation practices, coding, CDI, utilization review, and charge capture.
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).