SDOH initiative reduces readmission penalties in one year
One major factor in McLaren Port Huron’s readmission rate reduction is the organization’s emphasis on identifying and addressing patient social determinants of health. The focus is on educating patients and involving them in their healthcare plan.
The 4 Cs of social determinants of health
Community resources and patient screening are important elements in an SDOH program.
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.
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.
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.
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.
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.
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.
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.
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.