Developing Talent in the Revenue Cycle
A health system created a training program for revenue cycle leaders, resulting in improved performance.
6 Steps for Effective Use of Peer Comparisons and Analytics
Peer comparisons help hospitals recognize that performance improvement opportunities exist and give them evidence that their peers are executing on those opportunities. With that information, leadership teams are motivated to pursue targeted corrective actions.
The Blurring Boundaries of Elder Care: Implications for Providers and Patients
Healthcare providers are planning to invest in home health, palliative and end-of-life care, and geriatric caretakers in the coming years.
Using Lean Six Sigma to Improve Healthcare Business Processes
One health system improved its billing accuracy rate from 72 percent to 90 percent by using Lean concepts, Kaizen, and Gemba walks.
The Healthcare Finance Fellowship: Benefits for the Organization and the Young Professional
Three professionals with experience in the Massachusetts General Physicians Organization’s Finance Fellowship program explain how the program works and why it is so important.
Tipping the Scale: A Methodological Approach to Revenue Analysis
When acquiring a medical group, health systems should eschew blunt profit and loss statements in favor of more precise approaches, using market metrics to assess each site or specialty.
Steps to Effective Succession Management
Leaders of healthcare organizations can use a 90-day plan to implement the initial stages of a succession management plan.
Taking a Holistic View of Procure-to-Pay
An in-depth look at how one company is enabling more efficient procure-to-pay processes to streamline healthcare organizations’ financial operations.
Hospitals Lead Healthcare Price Growth Plunge
Nov. 19—An unusual slump in hospital price increases—especially among commercial health plans—has pulled down overall healthcare price increases, according to a recent analysis.
Succession Planning as a Strategic Initiative
Hospitals and health systems can groom future leaders using methods such as analytics, performance evaluations, and formal development programs.