$28M in Healthcare Costs Associated with Opioid Epidemic
Health care accounts for about one-third of the total $78.5 billion costs attributable to the prescription opioid epidemic.
Ask the Experts: RAC Reserves on Balance Sheets
How should hospitals account for RAC reserves on their balance sheets?
Revenue Cycle Risks and Rewards in the Era of Value-Based Care
Physician specialty practices face the daunting task of recalibrating their revenue cycle management processes to optimize their financial performance under value-based care.
Finding Cost Savings in the Era of Value
The transition to value requires healthcare organizations to control costs while maintaining quality and patient satisfaction.
Healthcare M&A Activity? Beware of Accounting Basis Differences
Differences in FASB and GASB accounting and reporting rules can be critical considerations for healthcare organizations in evaluating financial fit when looking to merge or affiliate with an organization that is under a different basis of accounting.
Healthcare Cost Containment: December 2016
Subscribers can access the December 2016 issue of Healthcare Cost Containment.
Managing the Cost of Quality
Healthcare leaders need to provide relevant stakeholders organizationwide with transparency into quality-related costs to drive performance improvement progress. The right tools and processes make the needed visibility possible.
Children’s Hospital Uses EHR to Save $6 for Every $1 Invested
Nationwide Children’s Hospital piloted a continuous improvement program that reduced total inpatient days, admissions, and emergency department visits. A major success factor was the capture of specific data with every patient encounter, creating systematic opportunities to improve patient outcomes and deliver care more efficiently.
Keeping Ahead of the RACs
Changes announced by the Centers for Medicare & Medicaid Services underscore the need for healthcare organizations to prepare for escalating auditor activity.
Video: Consciously Lowering the Cost of Care
Gordon T. Edwards, CFO for Marshfield Clinic Health System, discusses the high cost of hospital care and how Marshfield treats patients outside the hospital care setting at a lower cost.