Service Line Management

Latest patient volume data highlights some of the challenges facing hospitals in the COVID-19 era

Hospital patient volumes show signs of rebounding in some areas but continue to lag in others, especially in the ED.

Nick Hut February 9, 2021

How The Johns Hopkins Hospital uses financial, operational and clinical collaboration to achieve cost savings

Using a framework for managing financial performance improvement across its enterprise that involved collaboration among finance, operations and clinicians, The Johns Hopkins Hospital was able to create many opportunities for costs savings and long-term financial success.

Eric C. Reese, PhD January 22, 2021

Amid ‘dire’ losses, some eye restart of hospital elective surgeries

As hospitals' financial losses mount, guidance emerges on restarting elective surgeries.

Rich Daly January 22, 2021

3 ways hospitals need to pivot their OR strategy in the wake of COVID-19

To maintain OR procedural revenue in the years following COVID-19, hospitals and health systems require a new surgical services strategy led by physicians and characterized by a focus on ambulatory care, with a strong emphasis on improving the patient experience and overall OR process efficiency.

Jeff A. Peters December 17, 2020

How a West Texas hospital used a PSH to improve outcomes and cut costs

A not-for-profit hospital in West Texas undertook a perioperative surgical home initiative wit a focus on caring for geriatric patients with hip fractures and demonstrate how such an initiative can improve patient access and clinical outcomes while reducing a hospital's cost of care.

Jasper Mesarch, DO, MBA, FASA November 23, 2020

Why effective maternity care requires an innovative, value-based strategy

An episode-of-care approach may be the best way to address cost variation in maternal care and promote partnerships across the healthcare continuum.

Tessa Kerby, MBA, MPHE October 22, 2020

McKinsey & Company survey: Physician perceptions of COVID-19 risk influence referral patterns

HFMA's Chad Mulvany says these McKinsey findings illustrate the importance of involving physicians in the development and execution of checklists used to safely reopen clinics and restart non-emergent procedures.

Chad Mulvany, FHFMA August 6, 2020

‘Carve outs’ among keys in managed care negotiations

Carve outs are a critical tool hospitals should use in negotiations with health plans to ensure the costs of more expensive conditions are covered.

Rich Daly July 16, 2020

Hospitals began to reverse job losses in June as other healthcare segments surged

Hospitals restarted hiring in June after two months of steep job losses, but it’s unclear whether the latest resurgence of COVID-19 cases will cut off the rebound.

HFMA July 8, 2020

Virginia Mason Institute transformation expert says healthcare systems can reduce waste and improve their margins

Virginia Mason Institute’s Rhonda Stewart shares how healthcare systems can reduce costs and improve patient and worker metrics by eliminating waste.

Deborah Filipek June 24, 2020
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