Cost Accounting: Bridging the Gap Between Where You Are and Where You Should Be
By creating a single source of truth, MultiCare aims to have coordinated oversight of all data, including security and design, and provide a consistent training curriculum for its finance team.
A Growing Health System Contains Costs Through Outsourcing
Methodist Health System wanted to manage and maintain its facilities more efficiently after more than a decade of expansion. Improved contracting practices saved $250,000 in the first several months.
Regional Hospital’s Focus on Rapid Results Reaps $6M in Savings
Henry Ford West Bloomfield uses 100-day productivity cycles to improve operations and reduce waste. Over a three-year period, the hospital saved $8.7 million contributing to a financial performance turnaround.
Outsourced Revenue Cycle Operations Experience Higher Denial Rates
Outsourced revenue cycle operations have lower performance on denial rates but other factors may still make outsourcing a viable option.
Launching Revenue Integrity Programs in Hospital-Owned Practices
University of Maryland St. Joseph Medical Center’s revenue integrity program ensures a formal process to perform regular audits and educate physicians and their staff about compliance, and under-coding as well as over-coding.
Using Business Intelligence to Succeed in Value-Based Care
Gain buy in for value-based care by picking a few key areas to cost and monitor. A few easy wins builds momentum and confidence across a healthcare organization.
Penicillin Skin Testing Leads to Better Care and Significant Savings
Bruce Jones explains the benefits—and simplicity—of confirming a patient is allergic to penicillin before opting to use alternative treatments.
AI Meets Health Care’s Turnover Problem
One health system found that artificial intelligence (AI) can provide an effective means to ensure the right nurses are hired for the right roles, which helps it meet strategic goals on quality, satisfaction, and costs.
At the Tipping Point for Assuming More Risk
An in-depth look at how organizations can build capabilities to implement effective value-based payment contracts and care delivery models.
Reducing Cancer Costs: Lessons from Leading Oncology Practices
Sita Kapoor highlights seven lessons learned from early participants in the CMS Oncology Care Model about reducing cancer care costs.