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Attend this May 22 webinar to learn how to plan and manage the transition from fee-for-volume to fee-for-value.
Manage risk, align leadership, improve care delivery. Get the best ideas out there. June 16–19.
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Get the perspectives of leading healthcare finance professionals on today's hottest issues.
Information about leading vendors helps your buying decisions.
This Forum members-only webinar explains how to manage the financial risks associated with adoption of ICD-10.
An ever-expanding collection of spreadsheets, policies, job descriptions, checklists, and more that you can adopt and adapt.
Forum members can submit vexing questions to a panel of experts using our Ask the Expert service.
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Distinguish yourself as a leader among your peers and advance your career by earning certification in our healthcare finance programs.
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.
Financial, clinical, and administrative leaders identify key strategies to drive healthcare value.
Improve your revenue cycle performance through standard metrics, peer comparison, and successful practices.
New HFMA research shows value-driving practices for specific hospital types.
Measuring trends in Medicare and Medicaid day utilization percentages can help hospitals in budgeting, planning, and measuring financial performance.
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.
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.
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.
Equivalent patient units is a new measure of hospital volume that improves finance leaders’ ability to compare activity and costs—and identify savings potential.
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.
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.
Overall, hospital operating margins have remained steady over the past several years, but for different hospital classes, results were mixed.
Cleveland Clinic's Performance Wheel. For more information, see Using Business Intelligence to Improve Performance. Exhibit 1
Q&A on time-frame arbitrage, steps to ensuring diversification, and other investment strategies.
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.
Financial indicators derived from Medicare cost report data are reliable tools for assessing the effectiveness of a hospital's operations.
Recent declines in the total number of hospitals and beds nationwide have raised questions about effects on emergency department services.
Market Strategic Considerations Service area definitionPatient origin analysisDemographic analysisMarket share trendsPayer market considerationsCompetitor potential partner profilesAmbulatory competitor profilesQuality benchmarkingPhysician market profilesFacilities assessmentProgram service performance analysisPhysician staff analysisInpatient and outpatient utilization trendsBaseline utilization projectionsFinancial Operational Considerations Operational
Finding the right data sources requires ingenuity and resourcefulness.
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.
A hypothetical case example demonstrates the value of business intelligence tools for trending analysis.
Utilization and associated revenue capture of six baseline CPT codes reflecting nursing activity can be a useful diagnostic tool of the health of a hospital’s ED revenue cycle.
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.
There is compelling evidence that improving the management of chronic diseases holds huge potential for improving quality of care and lowering costs.
Findings of a recent study suggest that some types of hospitals participating in CMS's Value-Based Purchasing program can expect to perform much better than other types.
Performance dashboards enable multihospital systems to translate priorities for quality and safety improvement, fiscal performance, and customer satisfaction into measurable targets.
Top performing hospitals in the 2010 Community Value Index® achieve their rankings primarily on the basis of their low cost structures.
Health system leaders should understand the total costs of care in their communities, and how those costs across the continuum compare with total costs in similar communities.
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