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This Nov. 11 webinar outlines how the physician services of LifePoint Hospitals launched a consumer-friendly billing program that transformed the scalability of its collections.
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MAP App is a web-based application that helps organizations improve revenue cycle performance based on industry-standard metrics called MAP Keys.
Find suppliers and products in this comprehensive vendor directory for healthcare finance professionals.
Improve your revenue cycle performance through standard metrics, peer comparison, and successful practices.
Guidance for understanding and communicating about the price of health care.
Guidelines on how to make it easier for consumers to get information about healthcare prices.
In the face of the nation's economic challenges, hospitals are under increasing pressure to reduce costs. Benchmarking is key to achieving that goal.
Having a good theoretical understanding of business intelligence is all well and good, but what really matters is how you apply it.
This exhibit depicts the heart failure and shock MS-DRG triad from facilities in a four-state area with similar acute and CCU bed sizes, teaching programs, and significant volumes for the MS-DRGs studied.
The Medicare payment landscape is changing, and hospitals should be taking steps to ensure they receive appropriate payment. Here's how.
Recent declines in the total number of hospitals and beds nationwide have raised questions about effects on emergency department services.
Payment challenges, spiraling healthcare costs, and a slow economic recovery are some market forces that have ignited the national explosion of consolidation.
Healthcare entities need to determine an appropriate accrual from their medical malpractice medical malpractice year-end adjustments to ensure adequate reserves in year-end financial statements.
A study looking at data adjusted for patient severity found that both revenues and expenses showed increases per adjusted discharge from the second quarter of 2010 through the second quarter of 2011.
An analysis compares the profitability of urban and rural hospitals paid under the inpatient prospective payment system with that of rural hospitals with special Medicare payment provisions.
An analysis of changes in discharge rates discloses that, after increases in 2006 and 2007, the percentage change dropped from 2008 through 2010 for all hospitals and most groups in the analysis.
An hfm web exclusive.
Seven measures are indispensable to healthcare financial executives for assessing their organizations' financial well-being.
Applying leading practices long used by other industries may help your hospital gain a competitive edge while improving its financial performance.
Shifts in demand for a hospital's services can occur unexpectedly. Demand forecasting can help you prepare for these shifts and avoid strategic missteps.
"Our managers needed a more up-to-date budget that could reflect changes in referral patterns, drug utilization, or costs occurring after development of the original budget,” says Karen Wartenberg at Moffit Cancer Care.
What are the most important performance indicators for a new hospital or physician practice?
With the right process and tools, healthcare finance leaders don't need a PhD or a crystal ball to predict the future.
The service line model benefits nearly all stakeholders involved in healthcare delivery. But how is its success measured?
A multihospital system decides to use advanced forecasting methods to determine the upcoming year's charity write-offs and realign targets for its community benefits goals.
If you are not using market intelligence data to analyze your organization's performance, you may be missing out on some great opportunities to develop product lines.
Look beyond the bottom line, and focus on your organization's complete financial health through effective reporting and data analysis.
"Many rural providers believe they are operating within the coordinated Medical Home-type approach that promises to reduce healthcare costs. The findings of this analysis support that contention. "
Continuing trends on deductions from hospital revenue and other data points indicate how challenging it will be for hospitals to achieve greater returns on revenue cycle initiatives.
The clinic visit HCPCS code compression will undoubtedly result in potential winners and losers. Each hospital needs to determine which category it falls into and take appropriate action.
Abiding by key dos and don’ts will position an organization to maximize the benefit of its internal benchmarking efforts.
Amy Amick, president, revenue cycle management, and William Davis, vice president, revenue cycle advisory solutions, both with MedAssets, share insights on the industry and techniques to drive sustainable performance improvement.
Eric Ward, president and CEO, Parallon Revenue Cycle Services, discusses key trends in revenue cycle management and factors providers should consider when partnering to advance their revenue cycle performance.
Doug Festermaker, managing partner and executive vice president of health care, Warbird Consulting Partners, shares strategies to leverage outsourced CFO expertise to lead special projects or fill interim roles while recruiting is underway.
Lisa Schneider, CFA, managing director, non-profits & healthcare systems at Russell Investments, offers insights on today’s asset management environment and what to look for when working with a solutions provider to optimize a healthcare organization’s portfolio strategy and manage risk.
Todd W. Lillibridge, president and CEO of Lillibridge Healthcare Services Inc., and executive vice president of medical property operations at Ventas, discusses trends in healthcare real estate strategy and key considerations when choosing a partner for managing a healthcare organization's service and capital needs.
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