Cost Reduction

The 4 Cs of social determinants of health

Community resources and patient screening are important elements in an SDOH program.

HFMA October 13, 2019

Control labor costs with a 7-pronged approach

Understanding future needs and eliminating non-value activities are two key components to reducing costs and building a quality workforce.

HFMA October 2, 2019

Analysis: Yes Virginia (and Tennessee), controlling healthcare costs requires hard choicesc

A discussion about the challenges of achieving cost savings by rationalizing care delivery assets, post-merger.

Chad Mulvany, FHFMA September 26, 2019

Analysis: 8 steps to ensuring hospital mergers result in projected cost savings

HFMA’s Chad Mulvany reviews eight strategies management teams can take to achieve post-integration cost savings and increase the likelihood that mergers are successful.

Chad Mulvany, FHFMA September 11, 2019

NFP hospital revenue growth tops expense growth for first time in three years: Moody’s

For 2018, one credit rating agency found not-for-profit hospitals’ revenues increased faster than expenses.

Rich Daly September 9, 2019

Client relationships and the supply chain

A hospital or health system that wants the best possible client service from its supply chain must provide resources — including staff, technology and tools — as well as opportunities to collaborate on decision-making that will position the supply chain for success.

Gregg Lambert August 13, 2019

Keeping an eye on Massachusetts

Several payer-provider collaborations launched in Massachusetts seek to better manage Medicaid risk by including behavioral health resources, among other services.

HFMA August 12, 2019

Why behavioral health should be part of a holistic healthcare approach

The dual risk of physician and mental health conditions often compound the cost of care. In fact, people with a combination of medical and behavioral issues have medical costs that are two times higher than the general population.

Jeremiah Reuter August 12, 2019

NPs, PAs could reduce the costs of caring for complex patients

Organizations that don’t use NPs and PAs as primary care providers for complex patients are missing an opportunity to maintain good outcomes and potentially reduce costs, says Perri Morgan of Duke University School of Medicine.

Laura Ramos Hegwer August 9, 2019

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
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