FastFinance: OPPS; hospital efficiency

HFMA’s FastFinance newsletter is now a podcast. Host Rich Daly discusses the most current and relevant healthcare news, delivered in an easily digestible format.

Former hospital executives detail an approach that helped their organization improve quality while obtaining average commercial rates of 150% of Medicare. The former executives now offer other hospitals insights on their approach through their consulting firm Kada Health.

Also, this week’s Weird Number: $10 billion. The amount Medicare was expected to spend this year for provision of skin substitutes — one of the treatments on which a new prior authorization model will focus.

One More Thing: Details of the recently issued hospital outpatient payment rule from Medicare, which carries significant financial ramifications.

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