Q&A: Financial lessons from Northwell’s ACO
As the federal government gears up for another expansion of accountable care organizations (ACOs) and other types of value-based payment, one health system reflected on ways it improved its financial performance. Northwell Health has been part of the Medicare Shared Savings Program (MSSP) ACO for several years, treated nearly 90,000 attributed beneficiaries, earned shared savings…
Soaring charity care grabs hospital leaders’ attention
Across the country, hospitals are reexamining their approach to uncompensated care, with first movers in this space increasing the availability of financial assistance and working harder to reduce the chances that an account will be sent to collections. And now, new data paints a picture of the collective impact of these efforts and other trends…