Competing with Freestanding Outpatient Centers—Where to Focus on Pricing
Price reductions should be included in pricing strategies to help hospitals better compete with these free-standing centers.
12-Year Trend Shows Steady Rise in Acute Care Hospital Administrative and General Costs
An analysis of Medicare cost reports shows that U.S. Hospitals saw a gradual increase in their administrative and general costs from 2004 through 2016.
ALOS Analysis Reveals Significant Regional Variances
An analysis of average length of stay looking at U.S. hospitals identified noteworthy variation among states within each of four regions.
Benchmarking: Moving Beyond a Metrics Beauty Pageant
The true power of benchmarking entails studying how best practice organizations achieve their top performance levels and then takes those lessons learned and adapts them for use by other provider organizations.
Ask the Experts: Service Line Analysis
What are the main steps in developing a productivity benchmark model for a service line?
Median Indicators for 2017 Provide Snapshot of U.S. Hospitals’ Recent Operational Performance
Hospital data was collected for one year and grouped into five categories.
Benchmarks Are a Starting Point, Not the Goal
Nick Vennaro makes the case for a standardized benchmarking framework as a basis for improvement.
Analyzing the Frequency of Changes Among Worksheets in Medicare’s HCRIS
A study ranked worksheets providers use in filing Medicare cost reports by the frequency with which they needed to be updated, highlighting some areas requiring special attention from individuals charged with completing the cost reports.
Benchmarking Helps OSF HealthCare Save $160M Annually
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.
Modeling the Financial Benefits of a Physician Adviser Program
Elizabeth Lamkin and Larry Field, DO, describe how healthcare organizations can assess the efficacy of a physician adviser as part of strategic-planning efforts.