Finance and Business Strategy

Analysis: UHC calls out price variation for commodity services

Why health systems and providers need to prepare for potential changes by either Congress or employers, which could be triggered by recently published reports on the price differentials for healthcare procedures and services.

Chad Mulvany, FHFMA June 13, 2019

Analysis: What’s most important to healthcare consumers

The latest Beryl Institute findings on consumer perspective indicate that failure to invest in the patient experience could cost potential customers.

Chad Mulvany, FHFMA June 11, 2019

Earning a 4-start patient-experience rating takes dedication

Main article: Why optimizing the patient experience should be on every C-suite leader’s radar Under Maryland’s hospital rate-setting system, 1% of hospital payment from all payers is based on an organization’s performance on the HCAHPS inpatient survey. “It can be millions of dollars for organizations that can be lost or gained,” says Lisa Allen, PhD,…

Laura Ramos Hegwer June 11, 2019

How one hospital improved its call-bell responsiveness

Main article: Optimizing the patient experience from the C-suite NewYork-Presbyterian’s comprehensive patient experience strategy has led to year-over-year improvements in key metrics during the past three years, says Rick Evans, senior vice president and chief experience officer. He credits the organization’s rolling, three-year patient experience plan, which defines targets and sets strategies for a variety…

Laura Ramos Hegwer June 11, 2019

Why optimizing the patient experience should be on every C-suite leader’s radar

Jason Wolf, president and CEO of The Beryl Institute, knows from personal experience how easily a healthcare organization can lose a customer. A few years ago, his wife was mistakenly billed for a $25 copay that she already paid, and then the account was fast-tracked into collections. Despite receiving excellent clinical care, his wife vowed…

Laura Ramos Hegwer June 11, 2019

Analysis: Why some participants are likely to leave the Oncology Care Model

Some participants in CMS’s Oncology Care Model may exit the program instead of being transitioned into a two-sided risk model.

Chad Mulvany, FHFMA May 31, 2019

Analysis: CMS announces ET3 FAQs and request for applications

Chad Mulvany says watching how CMMI’s Emergency Triage, Treat and Transport model rolls out will be interesting because of the potential impact on Medicare ED visits and related inpatient admissions.

Chad Mulvany, FHFMA May 30, 2019

Analysis: Another week, another draft surprise bill legislative proposal

HFMA’s Chad Mulvany reviews why the Health, Education, Labor and Pensions committee’s cost-reduction bill released last week misses an opportunity to accelerate the spread of Alternative Payment Models.

Chad Mulvany, FHFMA May 29, 2019

How health systems can capture consumers’ attention and loyalty

To succeed in an era of consumerism, healthcare organizations must effectively engage consumers throughout the customer life cycle.

Erin Jospe, MD May 28, 2019

Developing a change agenda for ambulatory care: How consumerism, private-equity investments and partnerships are redefining the market

The shift to an outpatient- and consumer-driven healthcare system requires traditional providers to strategically respond to game-changing trends.

Dudley E. Morris May 28, 2019
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