Prioritizing Accounts Helps Sanford Health Lift Patient Payments by $2.1M

Scoring and segmenting patients according to their propensity to pay, combined with using an automated dialer, can significantly improve the productivity of patient account teams. 

Laura Ramos Hegwer October 13, 2017

Research: Hospital Mergers & Acquisitions

A joint study by HFMA and Deloitte explores how hospital merger and acquisition activity has increased significantly in the past decade, driven by the pursuit of economies of scale and the potential for reducing the cost of care.

HFMA October 10, 2017

The Finance Leader’s Role in Cybersecurity

Chetan Parikh describes best practices for preparing for and avoiding cyberattacks.

Chetan Parikh October 9, 2017

Crisis Behavioral Health Readiness

Geoffrey Boyce describes the benefits of putting telehealth infrastructure in place before a natural disaster or other crisis strikes.

Geoffrey Boyce October 3, 2017

Baylor Scott & White Revamps Patient Payment Processes, Saves $1.5M in Agency Fees

A Dallas-based health system increased POS collection by incorporating more up-front discussions on patients’ out-of-pocket costs and offering more payment options.

Laura Ramos Hegwer October 3, 2017

Striving for Cost Optimization Instead of Cost Cutting

Cost optimization involves more than cutting a set percentage from the traditional targets, such as labor, real estate, or IT. Cost optimization is an enterprisewide effort, requiring leaders to reset their operational strategies and align with value-based payment models.

Jacques Mulder October 3, 2017

Optimizing Financial Performance Under Value-Based Care

As they seek to adapt their organizations to the demands of value-based care, physician leaders can follow the example of participants in the Oncology Care Model.

Charles Saunders, MD October 2, 2017

Bridging the Divide in Device Development

An on-site incubator’s pilot training program helps medical device entrepreneurs and government regulators better understand each other.

Laura Ramos Hegwer September 20, 2017

How Telehealth Can Keep Care In-Network

Lee Horner explains how provider-to-provider communication using telehealth tools can help patients stay in-network.

Lee Horner September 6, 2017

How Penn Medicine’s EHR Conversion Yielded an Integrated Revenue Integrity Department

In addition to measuring metrics at each EHR go-live stage, the budding revenue integrity structure included revenue reconciliation committees at each hospital to review department charge capture daily. Ultimately, the revenue integrity department would support the clinical areas for each of these committees long-term to ensure sustainability.

Technology: Jill Richards August 29, 2017
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