What’s Driving Increased Hospital Cost Concerns?
Cost control eclipsed revenue growth as the top priority among health system CEOs, according to Advisory Board’s Annual Health Care CEO Survey.
4 Ways Real Estate Strategy Curbs Costs and Supports Care
By perfecting the “puzzle” of care settings and reaching more patients more effectively, health systems can make invaluable headway in their critical goals of reducing fixed and operating costs.
Improving Patient Experience May Reduce Readmissions
Providers should ask high-risk patients about their care experiences before discharge to help reduce costly readmissions.
Advanced Analytics Must Drive the Next Round of Productivity Initiatives
To achieve the next round of cost-reduction goals facing hospitals, care delivery models that use a different mix and quantity of healthcare professionals must be put in place. Supported by advanced analytics and statistical modeling, hospital leadership can demonstrate how fewer labor hours and lower total costs can deliver consistent and excellent clinical outcomes.
In Q2, Hospital M&A Slows, Practice Acquisition Stays Flat
Aug. 3—The merger-and-acquisition (M&A) momentum in health care during the second quarter of the year switched from hospitals to physician practices, according to tracking companies.
For Hospitals Facing Hurricane Season, Preparation and Practice Are Critical
Stewart Simonson, former HHS Assistant Secretary for Public Health Emergency Preparedness, points to four areas where potentially affected hospitals should consider revising their disaster preparedness plans in preparation for hurricane season.
Healthcare Finance Industry Names Leading Innovators
July 30—Providing an indication of where the healthcare finance industry is headed, stakeholders recently selected a patient revenue cycle system and a telemonitoring company as leading innovators.
Members of Congress Identify Ways to Cut Administrative Costs
July 31—Healthcare administrative costs could be cut in half over the next five years through a series of congressional and administrative actions, members of Congress were told this week.
Effective Merger Integration Requires Focus on All Four Pieces of The Treasury Platform
To achieve a truly effective merger integration, careful attention should be paid to treasury operations and invested assets, along with capital management and external financing.
Six Ways to Look at Your Next Consolidation
To avoid making changes simply for the sake of change, healthcare leaders should attend to any unfinished business from prior changes and ensure any new move toward consolidation accounts for future uncertainty as well as potential new opportunities.