Using Dashboards to Drive Better Performance
The decision support team at Baptist Health implemented a new tool that provides dashboards to monitor service line performance, profitability, and utilization.
Employee Wages and Rising Drug Equipment Prices Present Cost Challenges
Wages and benefits account for almost 60 percent of inpatient hospital costs, reflecting the importance of people in the care process.
Examining the Economic Impact of a Physician Shortage
The changing regulatory environment in health care adds even more urgency to a looming physician shortage that will continue to impact health care and its delivery over the next decade.
The Future of Value
The move toward value remains a constant although the future of health care is uncertain.
Next-Generation Investments for Today’s Healthcare CFO
Two trends that anticipate the future of U.S. health care involve the emergence of hospital command centers and super-partnerships between providers and technology vendors.
Alternative Payment Models: The Courage to Lead
Healthcare finance leaders are finding the courage to move forward with value-based payment despite the uncertainties of a new administration in Washington, D.C.
Trending Solutions for Rising Drug Prices
Understanding the efficacy of high-cost drug across large patient populations will help providers, payers, and pharmaceutical companies to understand the value of certain drugs and offer patients their life-saving value.
Act Offers Funding for Research Mental Health Care
Recent legislation allows for additional funding of medical detox or substance abuse treatment centers and allows for Medicaid coverage for mental health treatment.
Identifying the Gap Between Hospital and Free-Standing Prices
One-third of healthcare finance leaders have created separate pricing for certain outpatient procedures versus inpatient procedures to mitigate volume migration from hospitals. Their greatest concerns are how low the pricing should go and how will this pricing impact the bottom line.
RWJBarnabas Health Transforms Its Equipment Replacement and Service Strategy
New processes, coupled with decision-support software, have helped New Jersey’s largest health system save on equipment service and better plan for equipment replacement.