Using Physician Assistants Can Save Costs
Healthcare executives responding to a recent survey overwhelming agree that transforming costs is a “significant” or “very significant” need, but more than 50 percent have no cost reduction targets for the next five years or have a goal of 1-5 percent—a range that is far below what will be required to transform cost structures.
Crisis Behavioral Health Readiness
Geoffrey Boyce describes the benefits of putting telehealth infrastructure in place before a natural disaster or other crisis strikes.
5 Ways to Build a Successful Work-From-Home Program
For hospitals, a well-executed work-from-home program can help improve staff morale and quality of life, as well as attract and retain high performers in competitive markets, especially those who have a long commute or may be moving out of the area.
New Survey Finds Current Cost Transformation Initiatives Lack Required Urgency
Healthcare executives responding to a recent survey overwhelming agree that transforming costs is a “significant” or “very significant” need, but more than 50 percent have no cost reduction targets for the next five years or have a goal of 1-5 percent—a range that is far below what will be required to transform cost structures.
Using Artificial Intelligence to Reduce Long-Term Care Costs and Improve Patient Outcomes
A two-year study found that technological support for assisted living facility caregivers resulted in a 45 percent increase in patient aging in place, allowing for better quality of life for residents and cost savings of approximately $50,000 per patient per year.
Striving for Cost Optimization Instead of Cost Cutting
Cost optimization involves more than cutting a set percentage from the traditional targets, such as labor, real estate, or IT. Cost optimization is an enterprisewide effort, requiring leaders to reset their operational strategies and align with value-based payment models.
Benchmarking Helps OSF HealthCare Save $160M Annually
Spurred by a drop in operating income, OSF HealthCare embarked on a clinical and financial improvement initiative that has saved the organization $160 million each year.
A Holistic Approach to Reducing Hospital Readmission Rates
Main Line Health’s Barry D. Mann and Chinwe Onyekere describe the promising results the organization has seen from a volunteer program in which medical students serve as advocates for underserved patients.
Modeling the Financial Benefits of a Physician Adviser Program
Elizabeth Lamkin and Larry Field, DO, describe how healthcare organizations can assess the efficacy of a physician adviser as part of strategic-planning efforts.
Modeling the Financial Benefits of a Physician Adviser Program
Elizabeth Lamkin and Larry Field, DO, describe how healthcare organizations can assess the efficacy of a physician adviser as part of strategic-planning efforts.