hfm Magazine: July 2018
The July 2018 edition of hfm explores people and culture in healthcare finance, focusing on performance improvement, academic-community relationships, and care delivery.
Service Line Analytics: Sound Decision-Making Starts with Reliable Data
Healthcare organizations are recognizing that incorporating service line analytics into strategic activities enables better understanding of each area’s financial and operational impacts. In addition, service line analytics signal when real-time improvements are needed and drive more informed decision-making.
VA Bill to Ease Veterans’ Use of Private Care
May 30—Following years of complaints from hospitals and other providers, Congress recently revamped the Veterans Affairs (VA) Department’s use of outside providers.
Strategic Financial Planning: Summer 2018
Subscribers can access the Summer 2018 issue of Strategic Financial Planning.
From What to How: Moving from Planning to Execution
When data-driven strategy management tools are used, transparency and accountability create speed to solution, speed to execution, and competency in execution.
To Succeed at Managing Population Health, Adopt a Health Plan Mindset
To be successful with population health management, healthcare provider organizations should take a lesson from the strategies health plans use to improve the quality of population-level outcomes and performance around costs.
Optimizing a Health System’s Post-Acute Care Network
Health systems should develop strong networks of post-acute care providers as part of strategic efforts to deliver high-quality service across the care continuum, from wellness to end-of-life care.
3 Rural Hospital Challenges and Solutions in the Brave New World of Value
Artesia General Hospital is tackling common rural health challenges by developing new relationships with established regional providers and supporting clinician EHR concerns with an end-user feedback program.
Video: Denials and the Revenue Cycle
David Dyke, former vice president of product management for Change Healthcare, discusses how to reduce denials that disrupt the revenue cycle and how to keep up with changing rules around claims.
How Innovation Can Start with Value Analysis … But Often Doesn’t
Value analysis committee ROI calculations must look beyond the immediate economic costs of payment, cost-per-procedure, and cost of labor to consider overall value to hospitals. For example, questions to ask include, “How does a new product help to reduce the overall cost of care?” and “Are there complications and readmissions that typically arise beyond 30 days that the new product aims to minimize?”