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Accelerate your own or your team's revenue cycle expertise with our Certified Revenue Cycle Representative program.
This Jan. 21 webinar shares practical advice on how to improve revenue through an end-to-end clinical documentation chain.
Focus, strengthen, and master the skills critical for individual and organizational success. Available in multiple locations.
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Get the perspectives of leading healthcare finance professionals on today's hottest issues.
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Forum members can submit vexing questions to a panel of experts using our Ask the Expert service.
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Get an objective third-party evaluation of products and services used in the healthcare finance workplace.
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.
Financial, clinical, and administrative leaders identify key strategies to drive healthcare value.
Help patients understand the cost of services they receive, their insurance coverage, and
their individual responsibility.
The accelerating trend towards hospital employment has affected compensation levels in both hospital-owned and non-hospital-owned physician practices.
The typical U.S. hospital increased its average length of stay slightly, from a median of 3.25 days in the first quarter of 2010 to 3.29 days in the first quarter of 2011.
A hypothetical case example demonstrates the value of business intelligence tools for trending analysis.
Implementing a business intelligence system signals a hospital’s readiness to embrace the future of data analysis for performance improvement.
Benchmarking revenue cycle performance requires comparing your organization with true peers. This article shares HFMA analysis on the factors that make true peers and the bottom-line benefit from using benchmarking to improve performance.
Not-for-profit hospital revenue growth has declined to its lowest level in two decades. Revenue pressure is coming from Medicare, Medicaid, commercial payers, patient volume, uncompensated care, ICD-10, and fee-for-service and bundled payment.
Report data from the Program for Evaluating Payment Patterns Electronic Report are a useful tool for hospitals to enhance compliance efforts and strengthen processes.
As the need to integrate services and collaborate with other provider types increases, it will be important to know the playing field for other care settings, including skilled nursing facilities.
Four industry leaders share the ways in which business development is changing in an era of reform—and how CFOs and other healthcare leaders should prepare.
As our nation contemplates the best ways to drive improvements in healthcare quality and safe reductions in healthcare costs, the healthcare industry is coming to the conclusion that there is strength in numbers.
Measuring trends in Medicare and Medicaid day utilization percentages can help hospitals in budgeting, planning, and measuring financial performance.
Cleveland Clinic's Performance Wheel. For more information, see Using Business Intelligence to Improve Performance. Exhibit 1
Cleveland Clinic tracks KPIs daily to measure progress toward achieving the organization's strategic objectives. This effort has helped reduce labor costs and other expenses-and improve quality of care.
Overall, hospital operating margins have remained steady over the past several years, but for different hospital classes, results were mixed.
Equivalent patient units is a new measure of hospital volume that improves finance leaders’ ability to compare activity and costs—and identify savings potential.
CFOs should work with the hospital’s actuary and external auditor in deciding on the discount rate to apply to self-insured medical malpractice reserves.
Publicly available data from Medicare can help hospitals benchmark their experience against the experiences of their peers to identify unexpected variations and opportunities for improvement.
Providers at the forefront of business intelligence share a number of lessons learned.
View a table comparing average costs for a high-volume surgical procedure.
Top performing hospitals in the 2010 Community Value Index® achieve their rankings primarily on the basis of their low cost structures.
Less-than-stellar patient satisfaction results are dragging down hospitals’ value-based purchasing (VBP) scores—a tally that the Centers for Medicare & Medicaid Services (CMS) intends to use in calculating Medicare reimbursements beginning October 1, 2012.
This article includes 2008 inpatient data on cost per discharge, staff hours per discharge, net price per discharge, and Medicare payment percentage.
Hospital operating margins have been largely unaffected by the economic downturn.
Average payment period, current asset turnover, salary per FTE, and outpatient revenue percentages are included.
Your hospital can implement four process-improvement steps immediately to increase the efficiency of your denials management process.
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