4 strategies for improved Medicare Advantage plan performance
Positive operating margins in the Medicare Advantage segment require a shift toward more effectively managing Medicare populations by recognizing their unique needs and characteristics.
3 Best Practices to Reduce the Cost of Healthcare Miscommunication
Will O’Connor discusses the top causes of miscommunication among medical staff and ways to avoid them to ensure patient safety and fewer malpractice claims.
3 Best Practices to Reduce the Cost of Healthcare Miscommunication
Will O’Connor discusses the top causes of miscommunication among medical staff and ways to avoid them to ensure patient safety and fewer malpractice claims.
Telehealth Use Among Medicare Patients Limited but Growing
Growth in telehealth use among Medicare beneficiaries is occurring in patients 85 years and older and living in rural areas.
Aligning Executive Compensation to Strategic Priorities
As hospital boards and executives embark on transformational strategies like clinical integration and population health management, finance leaders are key in helping to set performance targets that are appropriate relative to industry-wide statistics as well as past performance.
Healthcare Predictions Focus on Innovative Corporate Structures and Alternative Financing
An alternative corporate structure called a “benefit corporation” is at the center of one of 10 predictions issued by BDO. Two others one related to telemedicine and the other related to sources of alternative capital pertain to hospital finance.
No-Divert Policy, Strategic Growth Help Erlanger Increase Revenue by $300 Million
A strategic plan that focused on growth and expanding specialty services helped Erlanger Health System improve its balance sheet while maintaining high-quality performance. A pay-for-performance program also increased nurse productivity.
Hospital Spending to Accelerate in Coming Years: CMS
Feb. 20—Hospital care spending is expected to accelerate over the coming 10 years as Medicare enrollments surge, more states expand Medicaid eligibility, and prices increase.
Annual Hospital Costs for Opioid Overdose Patients Approaches $2 Billion
The average cost for an overdose patient who was treated and released totaled $504, but the average cost rose to $11,731 for those that were treated and admitted to a hospital.
The 4 Qualities of ‘Next-Level’ Healthcare CFOs
The impact of “next-level” CFOs is felt and seen throughout organizations. For example, by mentoring and coaching to build financial literacy across teams and organizations, these CFOs are seen as proactive and selfless servant leaders who are improving their organizations.