A New World Order for Hospital Margins
As expenses grow faster than revenues, hospitals are looking for ways to maintain margins.
On Costs, Congress Eyes Transparency, Billing, Consolidation
July 2—Members of Congress say they are increasingly concerned about rising healthcare costs and are looking at policies around transparency, balance billing, and provider consolidation.
Avoiding Costly Mistakes When Purchasing Financial Software
By understanding what to include in their RFPs, finance leaders can make sure they select the best cost accounting, decision support, and business intelligence platforms.
Pursuing an Integrated Approach to Pharmacy
This article looks at Premier’s work in helping health systems improve their pharmacy operations to be more integrated, cost-effective, and patient-focused.
Have Hospitals Done Enough to Reduce Costs?
John Johnston describes the need for a meaningful, long-term plan to cut costs.
Top 5 Factors Essential for Pharmacy Revenue Integrity
Maintaining pharmacy revenue integrity requires accurate, longitudinal data; physicians who understand how their prescribing decisions affect revenue integrity; and real-time data. With that information, finance leaders can determine the ROI of various drugs.
Christiana Care Avoids $100M In Costs by Improving Quality, Cutting Waste
Leaders at Christiana Care have reduced waste by ensuring appropriate use of telemetry and modifying their electronic health record to eliminate ordering of automatically recurring lab tests. They also have improved outcomes by better managing blood products and using a care management tool to target at-risk groups.
Hidden Costs of Duplicate Patient Records
Accurate patient data is more important than ever as value-based payment models take hold. An enterprise-wide database is one solution to avoid duplicate patient records that negatively affect productivity and costs.
Leading Hospitals Turn to Advanced Strategies for Pharmacy Savings
Organizations like Froedtert Health and Intermountain Healthcare are working on both internal and collaborative strategies to reduce pharmacy costs and improve clinical care.
Pursuing Data-Driven Workforce Management
This article discusses how Premier Inc. partners with health systems to reimagine workforce management, offering integrated data and advisory services to improve efficiency, reduce costs, and drive performance.