hfm Magazine: February 2018
hfm Magazine: February 2018
The Digital Front Door: Why Total Cost of Care Risk Is Not Inevitable
Rapid technological advancements have savvy health plans and provider organizations considering how to succeed in a value-based system.
Finding Success with Provider-Sponsored Health Plans During Uncertain Times
Community Health Choice, a provider-sponsored health plan started by Harris Health System, has grown its marketplace membership from 300 enrollees to 150,000 over four enrollment periods. Despite uncertainty about the future of federal healthcare laws and the marketplaces, the health plan says that it may still experience growth in 2018.
Fundamentals of Effective Cognitive Predictive Analytics
To obtain a healthy ROI for a predictive analytic system, hospitals and health systems should assess its own needs against what the system promises to deliver.
Using Dashboards to Drive Better Performance
The decision support team at Baptist Health implemented a new tool that provides dashboards to monitor service line performance, profitability, and utilization.
Palliative Care Results in $1.7M Savings While Improving Outcomes
A decision support system helped a hospital measure its cost savings from palliative care and justify expanding the service.
Cleveland Clinic Saves $22M in Pharmacy Costs by Developing Dashboard Tool
Cleveland Clinic’s 2016 prescription drug savings resulted from smarter pharmacy sourcing, thanks in part to new technology developed in-house and greater visibility into drug price changes.
Augusta University Health System Leverages Decision Support for Costing and Planning
By integrating case cost data with financial data in their decision support system, the health system can now gain a clear picture of the true cost of a single patient case.
Technology as a Thriving Enabler
Technology and technology-enabled access to data are profoundly beneficial to health care, making it critical for healthcare boards to give priority to ensuring cybersecurity.
Tool: Key Question Checklist for CFOs When Evaluating Population Health IT Investments
Hospital and health system CFOs can use this checklist to assist with population health IT investment decisions.