Healthcare Cost Containment: April 2019
Healthcare Cost Containment subscribers can access the individual articles and web exclusives listed below. Cost Transformation Boosting Accountability Helps ProMedica Save $108 Million in 2018 BY LAURA RAMOS HEGWER Each year, leaders at ProMedica set a 3 percent cost-reduction goal, which they believe is achievable and still has a significant impact on the bottom line. Margin…
Beyond compliance: Healthcare CFOs face many situations in which ethics can guide decision-making
From deciding on capital allocations to collaborating on efforts to reduce waste, healthcare CFOs have many opportunities to set a tone that influences behavior throughout their organizations.
Staking a claim in home-centered care: A partnership-based strategy
A home-centered strategy can help manage costs under value-based payment structures, increase patient satisfaction and manage total cost of care.
Healthcare leaders view care coordination as an increasingly vital investment, survey finds
An HFMA survey of healthcare finance leaders found varying approaches to care coordination payment mechanisms, infrastructures and strategies for generating an ROI.
Dell Medical School: A low-cost approach to increasing colorectal cancer screening in vulnerable patients
A program that sends underserved patients at-home screening tests for colorectal cancer is paying off for Dell Medical School in Austin.
Houston Methodist saves $15.5 million by sharing actionable cost data
Finance leaders at Houston Methodist are true partners with clinicians, the hospital’s chief medical information officer said. They help validate the cost savings achieved through clinicians’ work to reduce variation.
How hospital quality executives are pitching value-based payment to CFOs
Healthcare quality-improvement executives see ways in which an emphasis on value can improve some hospitals’ finances.
Opponents of Medicare expansion should focus on pitfalls of proposals
Eye on Washington: Challenges to Medicare expansion and "Medicare for All" proposals should address some of the very real potential pitfalls of the proposal, including their projected price tags.
To transform your organization, start by transforming your strategy execution
In an era when strategy execution is more important than ever in healthcare, a Strategic Realization Office can be a vital tool.
Wireless infant sensors present an opportunity for ROI in innovation
The process of vetting new technology for infants in the NICU shows the rigorous standards for implementing technology in healthcare.