Cost Reduction

Are you paying more than you agreed to?

Monitoring and sharing vendor contract terms will ensure that time and money invested in negotiations is not wasted and that your organization realizes agreed upon prices for goods and services.

Stephen Carrabba August 9, 2019

Creative partnerships bring relief from soaring drug prices

With drug costs emerging as a central concern for healthcare leaders, providers are trying to mitigate the problem through partnerships.

Karen Wagner August 2, 2019

The price of precision medicine: 3 ways for health plans to manage genetic-testing costs

With spending on genetic testing expected to grow significantly, health plans can use three steps to get a handle on costs.

Emad Rizk, MD August 1, 2019

2 states take the lead in implementing innovative healthcare reforms

Washington and Colorado are seeking to funnel noteworthy innovations in healthcare reform, including a public option, through their Medicaid infrastructures.

Pam Nicholson, MBA July 25, 2019

Care management for Medicare patients drives more than 50% of savings

Care management for Medicare patients accounted for more than half of the shared savings in a study of three accountable care organizations.

HFMA July 14, 2019

Medication dashboard’s basic structure can be replicated, customized

The basic structure of PPMC's medication dashboard can be easily replicated by other hospitals and health systems.

HFMA July 11, 2019

Trend suggests the nation’s largest hospitals should prepare for declining available revenues

The nation's largest short-term acute care hospitals have recently seen a rise in allowances and discounts that will underscore the need for them to contain and reduce costs.

HFMA June 30, 2019

Recommendations for improving utilization review and denial management to reduce LOS

The utilization review and denials management functions play an important role at each transition phase in the acute care process in helping hospitals reduce patients' length of stay in acute care.

HFMA June 30, 2019

HFMA Chair to finance leaders: I dare you to move

HFMA Chair urges attendees “dare to move” to address challenges in healthcare finance.

Rich Daly June 26, 2019

HealthTrust: A holistic approach to value analysis

Three HealthTrust leaders talk about the cost and quality advantages of creating a value analysis program and offer strategies for getting started.

HFMA June 18, 2019
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