Combining Data Across Care Sites Specialties and Provider Types for More Complete Cost Accounting
Adding professional services data to department-level costs can help hospital leaders understand all relevant costs in an increasingly value-focused environment.
NYU Langone Medical Center Achieves Cost Reductions Through Rehab Fine Tuning
Early mobilization and other strategies cut length of stay, acute rehab utilization, and post-acute costs. The medical center’s ICU project alone yields $1.5 million in savings.
How DCH Health System Tackled Clinical Variation to Reduce Costs
By engaging clinicians in efforts to reduce clinical variation, one regional health system has transformed the way finance leaders and physicians work together.
Three Rivers Health Uses Analytics to Accomplish Financial Turnaround
A rural Michigan hospital regained its financial footing after integrating disparate financial systems into one platform and leveraging new analytics tools to lead process improvement efforts.
Augusta University Health System Leverages Decision Support for Costing and Planning
By integrating case cost data with financial data in their decision support system, the health system can now gain a clear picture of the true cost of a single patient case.
Financial-Clinical Integration in 2017
Advisory Board’s John Johnston discusses the significant margin implications of care redesign initiatives—and the importance of financial and clinical teams working in tandem.
Productivity Growth Remains a Key Success Factor in the New Healthcare Economy
There is little question that 2017 will be another year of unprecedented change for health care, potentially signaling another positive step toward better aligning systems to achieve the Triple Aim.
Helping Clinical Leadership Manage and Control Nurse Staffing Costs
Clinical and financial staff must work together in order to create a nurse staffing strategy that serves the organization’s needs.
Alternative Payment Model Initiatives at Banner Health
Banner Health participates in a variety of alternative payment models, including the Comprehensive Primary Care initiative, Oncology Care Model, bundled payments, and more.
Patient Engagement: Establishing Patients as Partners in Care
Dorothy Fisher, MD, writes that successfully engaging patients requires thinking like them and offering robust resources and service choices.