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This Aug. 21 webinar explains how consolidation methodology expedites value analysis efforts and improvement management of high-variability items.
Advance your own or your organization's revenue cycle knowledge base with our online CRCR course and exam.
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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.
How can we best measure our cost position and drive performance?
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 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 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.
Having a good theoretical understanding of business intelligence is all well and good, but what really matters is how you apply it.
In the face of the nation's economic challenges, hospitals are under increasing pressure to reduce costs. Benchmarking is key to achieving that goal.
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.
Recent declines in the total number of hospitals and beds nationwide have raised questions about effects on emergency department services.
The Medicare payment landscape is changing, and hospitals should be taking steps to ensure they receive appropriate payment. Here's how.
An hfm web exclusive.
The service line model benefits nearly all stakeholders involved in healthcare delivery. But how is its success measured?
With the right process and tools, healthcare finance leaders don't need a PhD or a crystal ball to predict the future.
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.
Look beyond the bottom line, and focus on your organization's complete financial health through effective reporting and data analysis.
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.
Applying leading practices long used by other industries may help your hospital gain a competitive edge while improving its financial performance.
Seven measures are indispensable to healthcare financial executives for assessing their organizations' financial well-being.
Shifts in demand for a hospital's services can occur unexpectedly. Demand forecasting can help you prepare for these shifts and avoid strategic missteps.
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.
"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. "
When comparing a hospital's labor productivity with that of peer hospitals, finance leaders should keep in mind some limitations of the most widely used metrics.
Finance leaders at UMass Memorial Medical Center share this contribution and total margin scorecard with service line leaders during quarterly actual-versus-budget analyses.
At Urban Health Plan (UHP), a federally qualified health center (FQHC) in the Bronx, performance software monitors 36 clinical, access, operational, and financial metrics. The final column in the dashboard (i.e., direction) shows which way the indicator should be headed.
Sentara Healthcare shares its finance team's approach for identifying opportunities to implement cost-cutting strategies, using reporting and analytics combined with budgeting and costing data--without terminating staff positions.
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.
Paul Weygandt, MD, JD, vice president of physician services, talks about the importance of integrating clinical documentation improvement with patient care in real time, and how Nuance is turning the EHR into a tool valued by physicians.
Robert Reid, CEO, of Intacct discusses healthcare providers' urgent need to manage growth, and how the right cloud financial management application can make all the difference for their financial leaders.
Chris Armstrong, principal and ICD-10 practice leader for Deloitte Consulting LLP, and Steve Burrill, partner and health care provider advisory practice leader for Deloitte & Touche LLP, offer strategies to consider for determining the best path forward during the delay.
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