Health system obstacles can prevent the elimination of low-value services
Health system processes — not just physician practice patterns — can create obstacles to eliminating low-value care, value-based payment advocates have found.
Health plans expect to offer generic drugs by 2022
A health plan alliance with hospitals aims to produce generic drug alternatives that will save consumers “hundreds of millions” of dollars.
HFMA announces new event aimed at healthcare financial sustainability
HFMA announces the Financial Sustainability Summit, a national conference for healthcare executives designed to help the address the most pressing challenges facing health systems today.
How a new view of performance improvement can help healthcare organizations rein in costs
Succeeding in U.S. healthcare’s challenging financial environment requires a disciplined, data-oriented approach with a corresponding investment in data systems and infrastructure.
Why hospitals should focus on improving the value of care in the cardiac cath lab
Web special: Healthcare finance leaders should be aware of care protocols that can improve patient outcomes and satisfaction while reducing costs, particularly in high-cost services lines. One such protocol is the use of transradial access for patients undergoing percutaneous coronary intervention.
How using artificial intelligence enabled Flagler Hospital to reduce clinical variation
Flagler Hospital used an artificial intelligence application to support physician-led efforts to develop and adopt care pathways aimed at improving care quality and outcomes while reducing cost.
Healthcare Cost Containment: April 2019
Healthcare Cost Containment subscribers can access the individual articles and web exclusives listed below. Cost Transformation Boosting Accountability Helps ProMedica Save $108 Million in 2018 BY LAURA RAMOS HEGWER Each year, leaders at ProMedica set a 3 percent cost-reduction goal, which they believe is achievable and still has a significant impact on the bottom line. Margin…
Addressing the social determinants of health
Nancy Johnson, CEO of El Rio Community Health Center in Tucson, talks about her organization’s processes for addressing the social determinants of health among its patient population. The interview is a follow-up to a panel discussion at HFMA's 2019 Thought Leadership Retreat. Also in this episode: insights on effective leadership of teams and pricing strategy objectives.
Atrius Health: Experience with global-risk contracts paves way to success in new arrangement
Previous success in risk-based contracts will allow Atrius Health to thrive in its new global-risk arrangement with Blue Cross Blue Shield of Massachusetts, two of the provider’s leaders write.
Capitalize on purchased services’ unusual suspects to enhance revenue
A transformative healthcare company outlines some conventional and unusual strategies for streamlining purchased services spend to expand margins and drive revenue.