CY 2019 OPPS/ASC Final Rule: HFMA Executive Summary Presentation
This presentation briefly summarizes the CY 2019 OPPS/ASC final rule, published by CMS.
Healthcare Cost Containment: December 2018
Subscribers can access the December 2018 issue of Healthcare Cost Containment.
Pressure Ulcer Prevention Can Save Costs
Pressure ulcer treatment can be as high as $150,000 and can add approximately $40,000 to a hospital stay.
Some Regulatory Reduction Plans Draw Hospital Concerns
Areas of concern include around transfer agreements and patient status.
Mercy Saves Millions in the OR Through Standardization and Automation
Surgeons from Mercy’s 41 hospitals worked with perioperative directors to reduce costly physician preference items. The health system also used an inventory management system to improve charge capture and eliminate time-wasting manual processes. Overall, Mercy has cut its supply costs by $3.6 million in 12 months.
7 Focus Areas for Reducing Healthcare Expenses
Healthcare providers should focus on seven areas to control costs and maximize savings while continuing to deliver high-quality patient care.
Hospital Saves $49M by Engaging Department Leaders
Small-scale projects to reduce waste and improve efficiency can add up to boost hospital bottom lines. The key is tapping leaders’ knowledge of what processes need to change.
From Professional Evaluation to Clinical Excellence
Leading hospitals are stretching farther and using actionable data on physician performance to accelerate overall performance improvement.
Purchased Services Contracting for Employed Physician Practices Cuts Cost, Improves Service
Piedmont Healthcare saved almost $90,000 for its employed physician practices by securing a purchased services contract for after-hours answering services.
Achieving Care Integration Boosts Hospital’s Quality Metrics
Parrish Medical Center gained integrated certification by implementing a series of process improvements, starting with gaining physician buy-in and installing interdisciplinary teams.