Reeling hospital industry shouldn’t anticipate a turnaround anytime soon
Amid persistent financial and operational turbulence for hospitals, it appears unrealistic to expect significant improvement in the near future.
trends
340B Ruling: Good News for Some, Maybe
340B-eligible facilities are unsure of the fate of the 340B discount drug program as they await a U.S. District Court ruling on remedies that could further alter payments.
OIG’s Video Highlights a Busy Year
A recent OIG video highlighting various reports offers helpful reminders for finance personnel, compliance officers, legal counsel, and others who assist in ensuring that their healthcare organizations abide by all legal requirements.
Repeal of the Individual Mandate Means More Uncompensated Care
The individual mandate has driven an increase in the number of insured patients, and without it, hospitals are likely to face more uninsured patients and more patients with high co-pays and deductibles.
The 4 Qualities of ‘Next-Level’ Healthcare CFOs
The impact of “next-level” CFOs is felt and seen throughout organizations. For example, by mentoring and coaching to build financial literacy across teams and organizations, these CFOs are seen as proactive and selfless servant leaders who are improving their organizations.
Data Sharing Tips for Value-Based Payment Arrangements
Value-based contracts require that provider organizations and health plans share data and information that they may not have shared historically. Details about that data-sharing must be established in contracts.
4 Key Ways the OPPS Final Rule Affects the Revenue Cycle
Clinic visits in hospital settings and 340B payments are among the changes to be aware of in 2019.
Advanced Practice Providers Optimize Efficiency and Improve Financial Performance
Phoenix Children’s Hospital optimizes its advanced practice provider staff to ensure clinicians are working at the top of licenses, improving productivity and cost efficiency.
Advanced Practice Provider Strategy Improves Results
When advanced practice provider growth exceeds plans, it can lead to the costly challenges.