Cost Reduction

Pandemic era requires flexible revenue cycle solutions

Learn how one company’s enterprise revenue cycle management solution delivers operational success for customers.

HFMA August 24, 2021

How a dashboard and an 8-step process helped a hospital slash drug costs

Penn-Presbyterian Medical Center reduced its cost for anesthesia medications by creating a dashboard to assess usage patterns and using a change management process to encourage providers to embrace improvement opportunities.

Mark-Alan Pizzini, MD August 16, 2021

Moving a 340B covered entity’s pharmacy enterprise to an LLC may prove beneficial, but it requires a feasibility study

University of Utah Hospitals and Clinics (UUHC) in Salt Lake City performed research to assess the feasibility of moving its 340B covered-entity pharmacy enterprise to a Limited Liability Corporation (LLC), with a focus on risks that should be factored into the decision. Other organizations that are considering such a move could benefit from adopting UUHC’s assessment approach.

Nathan Hagen, PharmD, MS July 21, 2021

Why success in cost reduction is a matter of trust

According to a survey, healthcare organizations that discuss cost reduction with clinicians more often are better prepared to achieve cost-reduction goals. Find out what approaches can restore trust for a better bottom line in this research report.

HFMA June 2, 2021

New research suggests there’s no need to worry that patient experience surveys lead to low-value healthcare

Findings from a new study may assuage concerns that low-value care is encouraged through the use of patient experience ratings in payment formulas.

Nick Hut June 1, 2021

Atlas Health: Helping healthcare providers offer patients philanthropic financial assistance

Learn how one company uses a database of more than 10,000 philanthropic programs to tap into funds available for patient medical costs associated with care for chronic diseases, rare conditions or high-cost therapies.

HFMA April 28, 2021

Unleashing the power of healthcare workforce data

Find out how one company helps healthcare organizations improve their workforce using a comprehensive assessment program to leverage real-time data and sophisticated analytics for insights on human capital and challenges.

HFMA April 1, 2021

Survey responses provide snapshot of the toll of the COVID-19 pandemic on hospital finances

A government-issued report used survey responses from hospital administrators to examine the impact of the COVID-19 pandemic on hospitals in various aspects, including finances.

Nick Hut March 30, 2021

Healthcare’s financial recovery after COVID-19 depends on data and evidence

One of the greatest cost-savings opportunities for hospitals and health systems lies in controlling variation in costs for surgical procedures, a key area of focus for such an effort is the supply costs for such procedures.

Dan Hermes, MBA March 26, 2021

It’s all in the breath: An argument for improved outcomes and reduced costs in healthcare

Effective breathing is known to promote good health, but our healthcare system has given relatively little attention to the concept of breathing therapy. COVID-19 has increased the need for a greater focus on this issue, and there are simple steps healthcare organizations can take to address it.

Martin Bluth February 19, 2021
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