Advanced Analytics Must Drive the Next Round of Productivity Initiatives
To achieve the next round of cost-reduction goals facing hospitals, care delivery models that use a different mix and quantity of healthcare professionals must be put in place. Supported by advanced analytics and statistical modeling, hospital leadership can demonstrate how fewer labor hours and lower total costs can deliver consistent and excellent clinical outcomes.
Acute Care and Critical Access Hospital Occupancy Rate Variability by Location
An analysis of Medicare cost reports from 2016 shows that urban U.S. hospitals typically had higher occupancy rates than their rural counterparts, with notable exceptions in the Northeast and Arizona.
HFMA Executive Roundtable: Interoperability: Driving or Impeding Value-Based Care?
Poor data interoperability is limiting healthcare organizations’ progress with value-based models. In this roundtable, several healthcare financial and IT leaders discuss the challenges of poor interoperability and how organizations can overcome them.
Video: Predictive Analytics and the Revenue Cycle
Paul Bradley, chief data scientist for ZirMed, discusses how predictive analytics can be used to find lost revenue, improve the patient experience, and increase patient satisfaction.
Using Analytics to Design Provider Networks for Value-Based Contracts
Obtaining and analyzing the right data can help healthcare organizations thoughtfully and successfully plan provider networks with an eye toward value.
From Disparate Data to Informed Strategies: Using Technology to Transform Quality, Costs, and the Patient Experience
Using data aggregated from disparate sources, hospitals and health systems that can apply data analytics to assess clinical and financial performance and develop strategies that help the ensure their organizations’ long-term success.
Using Predictive Analytics to Align ED Staffing Resources With Patient Demand
A data analysis provided the basis for developing an emergency department staffing model that more precisely accounted for day-to-day variations in volume of patient visits.
HFMA Executive Roundtable: Pursuing a Data Driven Revenue Cycle
By monitoring key performance indicators and employing data analytics, healthcare organizations can uncover critical revenue cycle performance opportunities. In this roundtable, several revenue cycle leaders discuss how they use data analytics and the benefits they’ve seen.
A Data-Driven Approach to Improving Clinical Care and Reducing Costs
The experiences of two health systems provide insight into how healthcare providers can use advanced data analytics to sustainably improve patient outcomes and reduce costs.
Driving Innovation and Business Value in Healthcare with Big Data
Tim Spaeth discusses the importance of high-quality data in healthcare innovation.