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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.
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A look at the issues covered in the December 2011 issue of HFMA's newsletter Healthcare Cost Containment.
Hospitals can achieve cost savings by reminding surgical house staff and attending physicians about the charges associated with ordering daily blood drawing for routine blood work.
Memorial Hermann Healthcare System in Houston initiated an electronic payment and invoicing system for suppliers in 2008—and has achieved seven-figure savings.
In the last year, Our Lady of Lourdes Medical Center’s cardiovascular unit has shaved three days off of its length of stay, reduced treatment costs by thousands of dollars, and improved quality measures such as door-to-balloon time—thanks largely to its innovative partnerships with physicians.
Tracking and documenting expensive implants as they are used is expected to save $1 million this year for a teaching hospital with a busy OR.
Inside the April 2012 issue of HFMA's newsletter Healthcare Cost Containment, featuring practical strategies for reducing labor expenses, supply chain costs, service-line costs, and other expenses affecting hospitals and health systems.
Learn why we’re wasting every other dollar we spend in health care.
Involving patients and family members in clinical and administrative improvement initiatives can not only provide patients with a better healthcare experience, but also enhance healthcare organizations' overall performance.
The realities of healthcare reform are driving hospitals and physicians to recognize margin management as a key component in securing a financially viable healthcare delivery system for the 21st century.
Eliminating unnecessary touch points in medication distribution can reduce costs and enhance safety at hospitals.
Learn strategies for helping physicians understand what is driving the bottom line.
Costing for physician practices presents unique challenges for hospital finance professionals.
An analysis by Premier healthcare alliance has identified measurable hospital savings opportunities in 15 categories.
Learn the innovative approaches two health systems are using to limit variation and waste and improve value.
In 2009, the average inpatient hospital stay was 0.3 days shorter and $2,600 more expensive than the average stay in 1997, according to a November 2011 report.
This article includes 2008 inpatient data on cost per discharge, staff hours per discharge, net price per discharge, and Medicare payment percentage.
The October 2012 issue of HFMA's newsletter Healthcare Cost Containment offers practical strategies for financial strength.
A strong partnership between revenue cycle operations and supply chain management is essential to protecting revenue integrity.
Focusing on clinical and operational across multiple facilities enabled one health system to more effectively pinpoint trouble spots—and has led to millions of dollars in cost reductions.
View the lineup for the August 2012 issue of HFMA's newsletter Healthcare Cost Containment, featuring strategies for reducing healthcare labor and supply expenses and other costs.
David Butz, a University of Michigan professor who researches the economics of healthcare delivery, offers a number of practical strategies for physician engagement by finance.
Studies by a professor of radiology and neurosurgery at Mayo Clinic show that treatment costs for some neurovascular conditions are higher than reimbursement from the Centers for Medicare & Medicaid Services for such treatments.
How can hospitals and health systems gain greater efficiency in transportation services and reduce costs? One transportation executive provides strategies organizations should consider.
A look at the February 2012 issue of HFMA's Healthcare Cost Containment newsletter, featuring strategies for reducing costs related to labor, supply chain, service line management, and other areas in hospitals and health systems.
Scripps Health shares five of the health system’s most successful strategies for reducing variation.
Stuart Hanson, director of business development (healthcare solutions) at Citi Retail Services, discusses how improving the payment experience can benefit consumers and healthcare providers.
Scott Schmidt, vice president, Cerner RevWorks, LLC, shares insights on best practices for maximizing a revenue cycle management partnership.
Dale Hockel, senior vice president of operations, and Jim Fanelli, CFO, TriMedx, share strategies for elevating clinical engineering through innovative management programs.
Rick Heise, senior vice president, revenue cycle, at Cerner Corporation, discusses the importance of integrating clinical and financial data to excel in health care's changing payment environment.
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