A 5-step process to achieve and sustain physician preference item cost reduction
To identify and reduce the costs of physician preference items, hospitals and health systems should use a five-step process that begins with cleaning and organizing PPI cost and utilization data.
McKinsey & Company survey: Physician perceptions of COVID-19 risk influence referral patterns
HFMA's Chad Mulvany says these McKinsey findings illustrate the importance of involving physicians in the development and execution of checklists used to safely reopen clinics and restart non-emergent procedures.
5 high-leverage areas for improving medical group financial performance
By examining five high-leverage areas within medical group operations, health systems can identify improvement opportunities.
Coronavirus, Walmart and the risks and benefits of M&A
Rich Daly and Chad Mulvany cover the latest from Washington on the coronavirus, Joe Polaris of R1 RCM discusses how to reap the promised benefits of M&A and Rich Daly talks about his interview with Lisa Woods of Walmart.
Cardiac Surgical Product Adoption Survey
Survey analysis reveals important learnings from a February 2020 HFMA-conducted study, sponsored by Edwards Lifesciences, about cardiac surgical product adoption.
Physician Compensation Systems Survey
Survey analysis reveals important learnings from a February 2020 HFMA-conducted study, sponsored by Ludi, about physician compensation.
Factors that Influence Cardiac Surgical Technology Purchases
A visual analysis of a February 2020 HFMA survey about factors that influence cardiac surgical technology decisions.
Survey: Understanding and mitigating risk in compensating physicians
Important learnings from a February 2020 HFMA-conducted survey about physician compensation, where healthcare organization leaders offer insights on the complexities of the process.
Pace of physician practice acquisition by health plans may accelerate post-pandemic
HFMA’s Chad Mulvany says it is likely health plans will have both motive and the wherewithal to acquire physician practices or employ physicians whose practices didn’t have the balance sheet to survive the revenue shock of the COVID-19 pandemic.
Hospitals need engaged physicians to manage supply preferences
Gainsharing and co-management are two strategies hospitals and health systems can employ to effectively engage physicians in organizational efforts to manage costs of physician preference items.