Cost Reduction

Analysis: CVS launches oncology program marrying precision medicine with care management

The pairing of precision medicine and care management have the potential to significantly reduce spend and improve patient outcomes.

Chad Mulvany, FHFMA December 19, 2019

Dell Medical School: A low-cost approach to increasing colorectal cancer screening in vulnerable patients

A program that sends underserved patients at-home screening tests for colorectal cancer is paying off for Dell Medical School in Austin.

Michael Pignone, MD, MPH December 12, 2019

How texting taps into better patient communications and savings opportunities

The almost universal use of cell phones opens up the convenience and benefits of texting as a means of patient communication.

Brandon Daniell December 12, 2019

Individual spending on healthcare was $10,000 in 2017

Healthcare spending in 2017 grew at a similar pace to the 2008 to 2013 timeframe, just prior to coverage expansion.

HFMA December 12, 2019

Houston Methodist saves $15.5 million by sharing actionable cost data

Finance leaders at Houston Methodist are true partners with clinicians, the hospital’s chief medical information officer said. They help validate the cost savings achieved through clinicians’ work to reduce variation.

Laura Ramos Hegwer December 11, 2019

Medical costs for diabetes increase 26%

The excess medical cost per person with diabetes grew by 14% from $8,417 to $9,601 in 2017.

HFMA December 3, 2019

Analysis: Taking healthcare to the street is effective for patients and reduces healthcare costs

Healthcare can be more medically effective and cost effective by removing barriers, establishing relationships and engaging patients with interventions that begin where the patient is, including living on the streets.

Katie Gilfillan December 2, 2019

5 areas where hospitals can improve both financial performance and patient care

Data Trends: CMS data in the Medicare Provider Analysis and Review file indicates U.S. hospitals' average loss per admission increased 5% from 2016 to 2018.

Jan Welsh December 2, 2019

Pursuing innovation in the revenue cycle to transform operations

A roundtable of healthcare revenue cycle leaders discusses the importance of embracing innovation, including new and emerging technologies, to combat shrinking margins and navigate new payment models and the ever-changing regulatory environment.

HFMA December 2, 2019

The price of innovation: 3 steps for managing specialty drug costs

Health plans can help control the cost of specialty drugs by communicating with providers about appropriate treatments, integrating coordination of pharmacy and medical benefits and implementing fixed-price models.

Emad Rizk, MD December 2, 2019
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