Healthcare Cost Containment: October 2019
Read the contents of the October issue of HFMA’s Healthcare Cost Containment newsletter.
Reducing Medicare penalties
SDOH initiative reduces readmission penalties in one year
By Holly Gould
One major factor in McLaren Port Huron’s readmission rate reduction is the organization’s emphasis on identifying and addressing patient social determinants of health. The focus is on educating patients and involving them in their healthcare plans.
Allocating capital to medical technology in the age of value-based payment
By Terrance D. Hayslett
As value-based payment and risk-bearing contracts become more prevalent, hospital leaders are incentivized to provide increased transparency and evidence into whether a technology improves patient outcomes at the lowest possible cost of care.
Don’t let infections hurt your bottom line
By Laura Hegwer
Finance leaders can ensure their organizations have the appropriate resources to combat healthcare-associated infections, said Susan Bleasdale, MD, of UI Health.
5 guidelines for controlling contracted dining service costs while maintaining quality
By Stephen Carrabba
Keeping an eye on labor costs, contractual concessions and diner reviews allows hospitals and health systems to offer high-quality patient, visitor and staff experience at efficient pricing.
Understanding physician costs is first step in clinical cost transformation
From our Sponsor, Kaufman Hall
By Catherine Savage and David Blunt
Costs associated with the physician enterprise are a significant driver of patient care costs and service line profitability. Health systems’ need for accurate and trusted physician cost data has only intensified.
Healthcare costs at a glance
Care coordination can reduce $89 billion behavioral health cost impact
Lack of access to mental health services results in patients with psychiatric service needs relying on ED visits, which can range from $1,198 to $2,264.