Cost Reduction

Analysis: Investment income may not be enough for not-for-profit hospitals as federal reductions in payments continue

A review of why not-for-profit hospitals’ reliance on investment income may not be enough in the face of continued reductions in federal payments to hospitals over the next 10 years.

Chad Mulvany, FHFMA November 5, 2019

Healthcare reform moves to the states: Strategies to increase access and control costs

An increasing number of states are looking to improve access and reduce costs by funneling innovations, such as a public option or reinsurance program, through Medicaid.

Pam Nicholson, MBA November 5, 2019

UW Health proves the ROI of energy conservation

An academic health system improved its energy performance by 24% over four years, and the ongoing efforts pay for themselves, on average, in 11 months.

Mary Evers Statz October 22, 2019

Allocating capital to medical technology in the age of value-based payment

As value-based payment and risk-bearing contracts become more prevalent, hospital leaders will be incentivized to incorporate methods that provide increased transparency and evidence into whether a technology improves patient outcomes at the lowest possible cost of care.

Terrance D. Hayslett October 17, 2019

Healthcare Cost Containment: October 2019

The October issue features articles on addressing the SDOH impact on readmissions, valuating the cost benefit of medical technology, reducing healthcare-associated infections and assessing clinical costs.

HFMA October 15, 2019

Understanding physician costs is the first step in clinical cost transformation

Costs associated with the physician enterprise are a significant driver of patient care costs and service line profitability. Health systems’ need for accurate and trusted physician cost data has only intensified.

Catherine Savage October 14, 2019

Care coordination can reduce $89 billion behavioral health cost impact

Lack of access to mental health services results in patients with psychiatric service needs relying on ED visits, which can range from $1,198 to $2,264.

HFMA October 14, 2019

5 guidelines for controlling contracted dining service costs while maintaining quality

Keeping an eye on labor costs, contractual concessions and diner reviews allows hospitals and health systems to offer high-quality patient, visitor and staff experience at efficient pricing.

Stephen Carrabba October 14, 2019

Don’t let infections hurt your bottom line

Finance leaders can ensure their organizations have the appropriate resources to combat healthcare-associated infections, said Susan Bleasdale, MD, of UI Health.

Laura Ramos Hegwer October 13, 2019

SDOH initiative reduces readmission penalties in one year

One major factor in McLaren Port Huron’s readmission rate reduction is the organization’s emphasis on identifying and addressing patient social determinants of health. The focus is on educating patients and involving them in their healthcare plan.

Holly Gould October 13, 2019
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