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New Committee for Patient Safety Will Coordinate National Efforts
As CFOs field more funding requests for patient safety initiatives, they need to be included in initiatives that develop a culture of safety.
Cohort Reports from the 2018 Annual Conference
HFMA presents reports detailing strategies on cost reduction, consumerism, and business intelligence and analytics.
Big Data: Another Emerging Disruptive Force in Health Care
A Texas hospital used big data to improve processes in magnetic resonance imaging.
Decline in Hospital-Acquired Conditions Saves Almost $3B
AHRQ reports that hospital-acquired conditions fell by 350,000 between 2014 and 2016. With an adverse drug event costing a hospital anywhere from $1,200 to $9,000 and a catheter-associated urinary tract infection costing between $5,000 and almost $30,000, this reduction is a positive indicator for reducing health costs.
Improving Patient Experience May Reduce Readmissions
Providers should ask high-risk patients about their care experiences before discharge to help reduce costly readmissions.
Number of MSSP ACOs and Shared-Savings Characteristics
The number of ACOs participating in the Medicare Shared Savings Program increased at a faster rate from 2013 to 2018 than did the number of participants that achieved shared savings in the first four years of the program.
Ask the Experts: Presumptive Eligibility
Is a free service provided on the basis of presumptive eligibility allowable for charity on Medicare’s cost report worksheet S-10?
Transforming Accounts Payable: Opportunities, Challenges, and Next Steps
Education report that delves into the importance of revamping accounts payable and considering automation.
CY2019 Medicare End-Stage Renal Disease (ESRD) Prospective Payment System Proposed Rule: HFMA Executive Summary
CMS published a proposed rule updating payment rates under the Medicare End-Stage Renal Disease prospective payment system for CY2019, in the July 19, 2018, Federal Register.
Grant Thornton: Optimizing the Ambulatory Workforce
One of Grant Thornton’s senior healthcare consultants addresses the topic of workforce management and the importance of a data-driven approach.