Healthcare Cost Containment subscribers can access the individual articles and web exclusives listed below.
By David Stenerson and Linda Albery
Spurred by a drop in operating income, OSF HealthCare embarked on a clinical and financial improvement initiative that has saved the organization $160 million each year.
Containing Clinical Costs
By Piali De, Keiron Stoddart, and Tom George
A two-year study found that technology support for assisted living facility caregivers resulted in a 45 percent increase in patient aging in place, allowing for better quality of life for residents and cost savings of approximately $50,000 per patient per year.
By Jacques Mulder and Carole Faig
Cost optimization involves more than cutting a set percentage from the traditional targets, such as labor, real estate, or IT. Cost optimization is an enterprisewide effort, requiring leaders to reset their operational strategies and align with value-based payment models.
By Laura Ramos Hegwer
Providers can avoid many of the missed opportunities associated with risk contracts by carefully reviewing the targeted patient population, narrowing the number of performance metrics, and selecting the right clinicians to participate.
Cost Transformation Strategy
By Todd Fitz
From our sponsor Kaufman, Hall & Associates
Healthcare executives responding to a recent survey overwhelming agree that transforming costs is a “significant” or “very significant” need, but more than 50 percent have no cost reduction targets for the next five years or have a 1-5 percent goal—a range that is far below what will be required to transform cost structures.
Healthcare Costs at a Glance
Using more physician assistants can save healthcare costs and hospital salaries.