The Next Generation of Budgeting for Healthcare
For some healthcare providers, a combined budgeting approach using advanced statistical forecasting techniques in conjunction with a rolling budget process provides an optimum balance between traditional budgeting techniques and future forecasting methodologies.
6 Steps for Effective Use of Peer Comparisons and Analytics
Peer comparisons help hospitals recognize that performance improvement opportunities exist and give them evidence that their peers are executing on those opportunities. With that information, leadership teams are motivated to pursue targeted corrective actions.
4 Things to Consider Before Signing That Lease
Tax liabilities, subleasing, permitted uses, and even HIPAA need to be considered when preparing healthcare facility leases.
CFOs Play a Key Role in Cybersecurity Planning
“As part of the overall leadership team, the CFO should be asking tech leadership for a cost/risk reduction analysis for each technological expenditure requested to remedy identified vulnerabilities and gaps,” says John Riggi of AHA.
The Blurring Boundaries of Elder Care: Implications for Providers and Patients
Healthcare providers are planning to invest in home health, palliative and end-of-life care, and geriatric caretakers in the coming years.
Trump Administration’s Plan to Boost Choice, Competition Draws Hospital Concerns
Dec. 4—An expansion of site-neutral payments, support for physician-owned hospitals, and changes to graduate medical education (GME) were among the newly revealed Trump administration priorities that drew early hospital opposition.
Dec. 3-7: Hospitals Expected to Face Growing Margin Pressure
Nov. 29—Policymakers in Washington, D.C., next week will focus on hospitals' Medicare margins, as one rating agency warns government- and consumer-driven margin pressure will increase.
Acquisition Versus Independence: Will Hospitals Continue Acquiring Physician Practices?
Small and solo physician practices are finding better ways of coping with administrative burdens, making it more practical, and desirable, to maintain or return to independence.
Rebalancing the Portfolio
As they modify their strategies to account for change in 2019, healthcare organizations should consider how risks and rewards might have changed and where they might best redeploy their dollars.
Recalibrating Payment in the Era of Consumerism
Among the key functions of an effective patient access program are to ensure patients receive clear and concise bills for their health care and to make those bills easy for patients to pay at the time of service.