Carolinas Healthcare System Saved $1.5M Annually by Using Remote Interpreter Technology
The health system increased patient interpreter services from 370,211 minutes in 2015 to 915,466 in 2016, but still experienced a systemwide language access expense reduction of $203,360.
UI Health Cuts ED Homeless Patient Costs by 45 Percent
The Illinois public hospital pays $1,000 per patient per month to an outside agency to house 27 homeless patients in furnished, one-bedroom apartments. This investment is significantly less than the nearly $3,000 per patient per day that UI Health and managed care organizations were spending on some chronically homeless patients.
A National Conversation About Patient Safety and Medical Errors
Findings of a survey about the public’s experience and understanding of medical errors suggest a public health approach is needed to address patient safety.
Trendsetter: Reimagining Physician Preference Items: Why Value—Not Cost—Is the Name of the Game
This article discusses how Premier worked with a large, mid-Atlantic, urban medical center to develop a defined, value-focused, data-driven methodology that optimizes the high-value implant-selection process.
Short-Term Financial Hit for Hospitals Post-M&A: Report
Contrary to expectations, there is no immediate turnaround in the finances of acquired hospitals, according to an HFMA and Deloitte study.
Why Hospitals Should Partner With Home Health Agencies
By bringing post-acute care into patient homes, home health services are reducing readmissions by 31 percent and overall healthcare costs by 24 percent.
Feeding the Demand for Performance Management Information: Reports or Dashboards?
Access to actionable data presented in well-structured reports and dashboard formats optimizes decision-making.
Mystery Markups: Medical Supply and Drug Pricing Policies Vary Across Hospitals
Hospital markup policies that set prices for medical supplies and pharmaceuticals can vary significantly across the country, leading to large variances in drug and supply charges.
Executive Summary: CMS Quality Payment Program 2018 Final Rule
This document briefly summarizes key financial and operational impacts from the 2018 Quality Payment Program (QPP) final rule, published by CMS.
What Revenue Cycle Departments can Learn from the Hospitality Industry
An emphasis on customer service can help revenue cycle staff increase cash flow, mitigate denial risk, and improve customer satisfaction.