Ask the Experts: Contract performance
My organization recently transitioned to its first Ambulatory Payment Classifications (APC)/DRG-based contract with a commercial plan. We are struggling with determining how to monitor the contract’s performance and, in particular, with the primary focus on the APC payment. Are there recommended key performance indicators (KPIs) used to track this performance? Answer: It is likely that your organization…
Timing, details unclear for executive order on price transparency
An expected executive order on healthcare price transparency continues to change, even as its release has been delayed, say policy watchers.
Inconsistent address data could delay Medicare payments
One health system found in its Medicare enrollment system that addresses were missing for new facilities. Another found addresses still listed for a demolished facility.
Activity-Based Costing: When to Walk and When to Run
A modified approach to activity-based costing can balance an organization’s desire for operational excellence with its need for repeatable, low-maintenance solutions.
Bundle up: Developments in BPCI Advanced
Rich Daly interviews Michael Wolford, a senior manager at DHG Healthcare, about the early results of Bundled Payments for Care Improvement Advanced. Also, five reasons why health systems will need advanced cost accounting in a segment sponsored by Strata Decision Technology.
Analysis: Disruption possible if negotiated rates are publicly posted
What can be expected if President Trump releases an executive order to mandate the disclosure of prices in the healthcare industry.
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.
Analysis: How private purchasers can help control healthcare costs
HFMA’s Chad Mulvany reviews results of a recent West Health and Gallup Poll survey of public opinion related to healthcare costs.
Analysis: What’s behind the Trump Administration’s push on price disclosure in healthcare
The Trump administration is looking to price transparency initiatives to help strengthen the President’s resume on healthcare given that healthcare remains a key issue for voters across the political spectrum.
How providers can finance, profit from programs to tackle social determinants
Hospital and finance leaders have heard much about the theoretical benefits of addressing the social determinants of health (SDOH). But some have found ways to fund such activities — and get an ROI.