Why reining in wasteful healthcare spending requires more than just reducing costs
To rein in expenses and improve margins, finance leaders must dive into drivers of waste and low profitability.
Novant Health: Shared reading program is a novel way to influence culture
Novant Health in North Carolina uses a shared reading program to engage team members, with books chosen to support either a system initiative or personal development.
Analytics help create an integrated health system
For health systems that have gone through a period of growth, strong strategic financial planning, enhanced service line analytics, appropriate benchmarking, standardized costing practices, and rolling forecasting can help realize the efficiencies of scale that growth provides.
Transforming healthcare through better resource management
A transformative software company discusses how its enterprise resource planning (ERP) solution helps healthcare organizations become more agile, sustainable and consumer-oriented by integrating and strengthening financial, human resource and supply chain functions.
Health system obstacles can prevent the elimination of low-value services
Health system processes — not just physician practice patterns — can create obstacles to eliminating low-value care, value-based payment advocates have found.
Health plans expect to offer generic drugs by 2022
A health plan alliance with hospitals aims to produce generic drug alternatives that will save consumers “hundreds of millions” of dollars.
HFMA announces new event aimed at healthcare financial sustainability
HFMA announces the Financial Sustainability Summit, a national conference for healthcare executives designed to help the address the most pressing challenges facing health systems today.
How a new view of performance improvement can help healthcare organizations rein in costs
Succeeding in U.S. healthcare’s challenging financial environment requires a disciplined, data-oriented approach with a corresponding investment in data systems and infrastructure.
Why hospitals should focus on improving the value of care in the cardiac cath lab
Web special: Healthcare finance leaders should be aware of care protocols that can improve patient outcomes and satisfaction while reducing costs, particularly in high-cost services lines. One such protocol is the use of transradial access for patients undergoing percutaneous coronary intervention.
How using artificial intelligence enabled Flagler Hospital to reduce clinical variation
Flagler Hospital used an artificial intelligence application to support physician-led efforts to develop and adopt care pathways aimed at improving care quality and outcomes while reducing cost.