Looking Beyond Cost Control: A New Role for Strategic Healthcare Supply Chain Leaders
Experiences of four healthcare organizations demonstrate the strategic role supply chain leaders can play in helping their organizations perform effectively in a value-based care model.
Consequences of PCI Noncompliance
Healthcare finance leaders should understand that the consequences of noncompliance with the PCI standards for security of credit card information can be severe.
Payment Security and Compliance: A Primer for Healthcare Revenue Cycle Decisionmakers
Compliance with credit card security standards has taken on greater importance for hospitals as with the increased likelihood that patients might use credit cards to cover growing payment obligations imposed by high-deductible health plans.
Robotic Disruption and the New Healthcare Revenue Cycle
Using software robots to perform repetitive, ongoing financial processes can improve efficiency, increase accuracy, and boost the overall well-being of a health system’s revenue cycle and other data management applications.
10 States Far Exceed National Average for Average Charge per Medicare Admission
In U.S. 10 states, the average charge per admission far exceeds the same measure for any of the remaining states, significantly surpassing the national average for the measure.
HealthFirst Financial: Opening the Door to Affordable Health Care
KaLynn Gates, president and corporate counsel for HealthFirst Financial, discusses how a patient-centered financing program can drive patient satisfaction and enhance loyalty while improving organizational financial performance.
Contracting With Physicians to Tackle Pervasive Challenges
Hospital efficiency improvement programs allow organizations to address quality and efficiency goals across service lines by providing all inpatient-focused specialties with financial rewards if they achieve specific outcomes.
Moving Toward a Revenue Ecosystem
To maximize results, healthcare finance leaders should establish an integrated view of the organization’s entire revenue ecosystem, aligning across organizational strategy, payer contracting, clinical operations, and revenue cycle drivers.
Strategic Financial Planning: Summer 2017
Subscribers can access the Summer 2017 issue of Strategic Financial Planning.
Action Steps for Health System Innovation
Four strategies can drive an innovative spirit within health systems.