Q&A: Executives Discuss Cost Accounting Obstacles, Opportunities
Feb. 15—Hospitals and health systems are increasingly pushing to better identify and reduce costs of care.
Health Care’s First Cost Accounting Adoption Model Is Now Available
Feb. 11—Amid an industrywide effort to better identify and reduce the cost of care, the HFMA-Strata L7 Cost Accounting Adoption Model, known as the L7 Model, was introduced this week.
Health Plan, Practices Focus on Care Overuse
Jan. 25—Although cost and quality are common features of value-based payment, a less common component is ensuring the provision of appropriate care.
Patient-Level Costing and Profitability: Making It Work
Healthcare providers can use patient-level costing to obtain accurate costing information.
Pressure Ulcer Prevention Can Save Costs
Pressure ulcer treatment can be as high as $150,000 and can add approximately $40,000 to a hospital stay.
‘Service Rationalization’ the Most Stubborn Cost Challenge: Hospital Survey
Oct. 15—The area where hospitals struggle most to find savings is in efforts to reduce or eliminate services.
Oct. 14-19: Healthcare Costs a Priority for Public, Policymakers
Oct. 11—Healthcare costs are likely to be a major focus in a discussion next week featuring Seema Verma, administrator of the Centers for Medicare & Medicaid (CMS). And heading into the 2018 midterm elections, the cost of health care is a top priority in both public polling and congressional planning.
Healthcare Cost Containment: October 2018
Subscribers can access the October 2018 issue of Healthcare Cost Containment.
Key Factors in Cath Lab Financial Performance
The average cath lab program generates a negative profit margin on Medicare patients, and that population is growing. Analyzing cath lab care pathway design can help hospital leaders bend the cost curve back to operating profitability.
Regional Hospital’s Focus on Rapid Results Reaps $6M in Savings
Henry Ford West Bloomfield uses 100-day productivity cycles to improve operations and reduce waste. Over a three-year period, the hospital saved $8.7 million contributing to a financial performance turnaround.