Operations Management

Boosting Accountability Helps ProMedica Save $108 Million in 2018

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.

Laura Ramos Hegwer May 19, 2019

HOPDs vs. ASC: Understanding Payment Differences

The growth of ambulatory surgery centers has hospitals and health systems looking at payment in a new way.

David McMillan, CPA May 19, 2019

Reconsidering post-acute care options

HFMA President and CEO Joe Fifer highlights the need to consider post-acute care in the context of reducing the total cost of care.

Joseph J. Fifer, FHFMA, CPA May 16, 2019

Consolidating Answering Services After Mergers Contains Costs, Increases Physician Satisfaction

Piedmont Healthcare stabilizes costs, improves clinical efficiency, and boost physician satisfaction through careful consolidation of physician answering services.

Merrie Wallace, RN, BSN, MN May 16, 2019

Hospitals cut safety-related patient deaths by 22% since 2016: Leapfrog

A national safety-grading group concluded that a combination of factors enabled hospitals to reduce annual safety-related deaths by 45,000, or 22%, since 2016.

Rich Daly May 16, 2019

Health plan data helps physicians, but additional insight would improve outcomes

A patient-centered medical home program has fostered collaborative relationships between a health plan and participating providers, but one provider says the program would be even more effective if the data supplied by the health plan were more actionable.

Lola Butcher May 16, 2019

Analysis: Walmart’s provider partnerships address cost reduction, patient experience and outcomes

Walmart’s venture into healthcare cost savings for its employees has wide-ranging potential financial impacts for hospitals and health systems.

Chad Mulvany, FHFMA May 15, 2019

6 Steps to Effective Document Retention and Destruction

Implementing a document retention/destruction process avoids unnecessary storage fees and potential legal issues.

Stephen Carrabba May 15, 2019

Viewing Sustainability Through the Cost-Savings Lens

Sustainability strategies like installing fluid management systems in the operating rooms (ORs) can improve safety and reduce waste and associated costs.

Laura Ramos Hegwer May 15, 2019

Setting Targets for Health System Leaders Garners Results

Swedish American Health System’s VP and treasurer shares her organization’s successes in margin improvement.

Betty Hintch, CHFP May 15, 2019
googletag.cmd.push( function () { googletag.display( 'hfma-gpt-leaderboard' ); } );