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.
Developing a Future Generation Integrated Healthcare System
To envision new and better ways to rapidly reduce healthcare costs, the U.S. healthcare industry should take a lesson from approaches used by other countries, including China.
How Healthcare Providers Can Reap the Benefits of an Actuarial Mindset
By adopting actuarial approaches to managing risk, healthcare providers can improve their financial security, apply greater leverage in contract negotiations, and enhance their clinical capabilities.
4 Strategies to Unlock Healthcare Performance Management Constraints
Hospital and health system finance leaders should play a central role in ensuring their organizations are applying high-quality enterprise performance management approaches that improve their organizations’ strategic agility in addressing enterprise risk.
The Evolution of Risk
These are the top risk categories identified by healthcare providers.
ERM: Evolving From Risk Assessment to Strategic Risk Management
Hospitals and health systems must learn how to manage risk effectively to successfully face new challenges in health care.
Federal and Other Initiatives That Are Transforming Provider Risk
Healthcare providers are increasingly taking on payment risk as a result of value-based payment arrangements being implemented by the federal government and the private sector.
The Benefits of Direct-to-Employer ACO Arrangements
Clifford Fullerton, president of Baylor Scott & White Quality Alliance, describes a direct-to-employer accountable care organization arrangement that is improving patient access and care quality.
Undoing Siloes to Improve the Patient Experience
A health system has improved the patient experience with a variety of new processes and protocols, including the introduction of a new patient access center and tutoring by physician coaches.
5 Steps for Consumer-Friendly Payment Options that Raise Satisfaction and Revenue
Today’s hospitals rely more on innovative consumer-friendly revenue capture solutions because of increasing patient responsibility and the risk of non-payment. Providers benefit significantly from implementing technological and non-technological solutions that integrate with operational workflows to mitigate leakage and increase cash flow.