A New Approach to Curtailing Pharmacy Costs
In an effort to improve the availability and value of treatments that are available to patients, major health systems have banded together to form a new company that will produce generic drugs.
Sidebar: Additional Strategies for Managing the Drug Cost Problem
In an effort to improve the availability and value of treatments that are available to patients, major health systems have banded together to form a new company that will produce generic drugs.
Preventing Readmissions with a Personal Touch
An in-depth look at how one organization is preventing chronic care readmissions through in-home monitoring, patient education, and counseling.
Telepsychiatry: Improving the Provider Distribution Model
Geoffrey Boyce explains how using technology can address both behavioral health workforce shortages and geographical challenges as the need for greater availability of behavioral health services grows.
Calculating KPIs for Value-Based Payment Models
If hospitals and health systems know the patients for whom they’re at risk and the benchmarks against which they are held accountable, they can lower costs and improve outcomes for an entire population—not just a single patient.
Key Factors in Cath Lab Financial Performance
The average cath lab program generates a negative profit margin on Medicare patients, and that population is growing. Analyzing cath lab care pathway design can help hospital leaders bend the cost curve back to operating profitability.
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.