NewYork-Presbyterian Curbs Costs with a Structured Redesign Approach
By pairing project management professionals with operational leaders on key initiatives, the organization achieved $96 million in cost savings in 2017 while maintaining high-quality care.
Integrating Care to Improve Surgical Outcomes and Reduce Costs
As a hospital’s major source of income, surgical procedures present the biggest opportunities for cost savings and process improvement.
Should utilization review report to patient care or revenue cycle?
Utilization review should work as part of a productive whole, alongside many other areas, says a former Cleveland Clinic finance executive. The function can report to finance, administration, operations, and even patient experience.
Optimizing Care Delivery Through Perioperative Value-Based Care
A focus on value during perioperative care can result in better financial and clinical performance.
The Golden Hour for Member Engagement: Onboarding and Pre-Boarding for Lower Costs and Improved Healthcare Consumer Experience
Cynthia Nustad describes how commercial health plans can improve consumer communication.
Total Joint Replacement Costs Decline
Value-based models such as bundled payment and accountable care organizations have bolstered reductions in total joint replacement costs.
After the Performance Improvement Initiative Ends: Sustaining Gains with Analysis
Southern Illinois Healthcare saved approximately $60 million in one year through improved denials management and billing protocols and reductions in clinical variability, supplies, and benefit costs.
Cost Accounting Evolves as Provider Needs Change
Organizations can use their current data to understand what it truly costs to deliver healthcare services. Using existing data and automating the pull of that data also allows for less human intervention to maintain cost accounting models.
Why Organizational Culture is Critical to Success
Effective leadership requires good communications skills as well as a strong vision.
hfm Magazine: June 2018
The June 2018 edition of hfm explores people and culture in healthcare finance, focusing on performance improvement, academic-community relationships, and care delivery.