Operations Management

Advanced Practice Provider Strategy Improves Results

When advanced practice provider growth exceeds plans, it can lead to the costly challenges. 

HFMA January 16, 2019

Engaging Physicians in Value-Based Compensation Models

The University of Maryland St. Joseph Medical Center model layers a 50/50 share of any incentive payments on top of a work RVU-based component to account for revenue that is still generated by the number of patients that providers see. 

Lisa A. Eramo January 16, 2019

New Approaches and Technologies for Improving Cost Performance in Health Care

One health system tackled their readmissions problem by identifying reasons for overstays.

Kathleen Masiulis December 26, 2018

The Use of ABC for Indirect Expenses

There is a potential connection between the use of the idea of activities with respect to patient-level costing to activity-based costing (ABC) and its variant time-driven activity-based costing (TDABC).

HFMA December 26, 2018

Winning Strategies to Transform Health Care in 2019

Healthcare providers should keep certain best practices in mind when choosing new technology in 2019.

Geoff Martin December 26, 2018

Patient-Level Costing and Profitability: Making It Work

Healthcare providers can use patient-level costing to obtain accurate costing information.

Gary Cokins December 26, 2018

5 Ways to Boost Billing Capabilities for Transitional Care Management

Samantha Sizemore shares tips for success in transitional care management. 

Samantha Sizemore December 20, 2018

Using a Lab Formulary to Improve Value

In an effort to improve the value of the care it delivers, Vanderbilt University Medical Center uses a multidisciplinary committee to determine which lab tests to make available to providers.

Lola Butcher December 18, 2018

Behavioral Economics: A New Approach to Healthcare Improvement

Behavioral economics goes beyond information sharing and financial incentives to give providers tools that can nudge both patients and clinicians to make beneficial healthcare decisions.

Nick Hut December 18, 2018

Pressure Ulcer Prevention Can Save Costs

Pressure ulcer treatment can be as high as $150,000 and can add approximately $40,000 to a hospital stay.

HFMA December 12, 2018
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