HealthTrust: A holistic approach to value analysis
Three HealthTrust leaders talk about the cost and quality advantages of creating a value analysis program and offer strategies for getting started.
Using artificial intelligence to improve revenue cycle operations
In God we trust; all others must bring data — W. Edwards Deming The ability to use the data aggregated throughout the revenue cycle is critical to proactive issue resolution, project prioritization, estimation of financial impact of revenue cycle initiatives and forecasting. However, data analysis at each stage of the revenue cycle is dependent on…
Bridging the gap between finance and clinical data
A Mount Sinai emergency department physician’s work with data analytics demonstrates how bringing together clinical and revenue cycle information can bridge gaps and solve payment problems.
7 ways to address financial barriers to medication adherence and contain costs
When patients are able to afford their medications, they are also more likely to take those medications as prescribed, thereby avoiding costly hospitalizations and ED visits. Lower costs in this way helps healthcare providers achieve success under value-based payment models that reward high-quality, low-cost care.
5 tactics to reduce clinical costs and improve performance
Learn about clinical cost reduction strategies and examples.
HFMA’s Annual Conference helps leaders reimagine the future of healthcare
The conference offers customized cohort sessions and keynote speakers focused on innovation.
Optimizing the hospital workforce in a rapidly changing environment
Hospitals and health systems can use the insights from modeling exercises to calculate the impact of everything from changes to weekend staffing schedules to the creation of new float pools.
A high-reliability healthcare supply chain: beyond the clinician
Applying the principles of high-reliability organizations to the healthcare supply chain is a key step in enhancing overall quality.
How one hospital improved its call-bell responsiveness
Main article: Optimizing the patient experience from the C-suite NewYork-Presbyterian’s comprehensive patient experience strategy has led to year-over-year improvements in key metrics during the past three years, says Rick Evans, senior vice president and chief experience officer. He credits the organization’s rolling, three-year patient experience plan, which defines targets and sets strategies for a variety…
CMS cardiac procedure changes could cost hospital cardiac programs $700 million
In a move that could have profound financial implications for hospitals, the 2019 Outpatient Prospective Payment System final rule adds 17 cardiac procedures to the list of procedures approved by CMS to be performed in ambulatory surgery centers.