Video: The Benefits of Behavioral Economics
David Asch, MD, executive director of the Penn Medicine Center for Healthcare Innovation, discusses how behavioral economics can help the healthcare industry enable health-oriented behavior.
Healthcare providers are increasingly taking on payment risk as a result of value-based payment arrangements being implemented by the federal government and the private sector.
Expanding on thoughts in his April 2018 column in hfm, HFMA President and CEO Joseph J. Fifer, FHFMA, CPA, talks about the need to develop a shared understanding of value.
Video: The Benefits of Behavioral Economics
David Asch, MD, executive director of the Penn Medicine Center for Healthcare Innovation, discusses how behavioral economics can help the healthcare industry enable health-oriented behavior.
By collaborating with state agencies, a provider-sponsored health plan has thrived and expanded in an economically disadvantaged area.
For a health system, developing the analytics required to manage service-line performance across the care continuum involves an evolutionary process from rudimentary and intermediate to advanced and, ultimately, innovator stages.
The recently announced Amazon-Berkshire Hathaway-JPMorgan Chase affiliation has been widely discussed an important development in health care, but it would not likely have enough control and leverage to bring about meaningful change.
Hospitals and health systems that are contemplating establishing a provider-sponsored health plan face considerable challenges today in such an undertaking, but it can be an effective strategy for some.
Hospitals and health systems must learn how to manage risk effectively to successfully face new challenges in health care.
By adopting actuarial approaches to managing risk, healthcare providers can improve their financial security, apply greater leverage in contract negotiations, and enhance their clinical capabilities.
Hospital and health system finance leaders should play a central role in ensuring their organizations are applying high-quality enterprise performance management approaches that improve their organizations’ strategic agility in addressing enterprise risk.
A pocket guide to help hospitals and health systems navigate pay-for-value programs.
The Tax Cuts and Jobs Act is likely to have a unique effect on the healthcare industry.
Amid the healthcare industry’s ongoing transformation, healthcare leaders are called upon to be stewards in guiding their organizations through change and managing financial and operational risk.
Our shared vision of value is at risk. We won’t attain high-value health care unless we agree on what that means.
Reduced utilization of hospitals has many calling their future usefulness into question.
To envision new and better ways to rapidly reduce healthcare costs, the U.S. healthcare industry should take a lesson from approaches used by other countries, including China.
An analysis of Medicare cost reports shows that U.S. Hospitals saw a gradual increase in their administrative and general costs from 2004 through 2016.
This article discusses key takeaways from a September 2017 HFMA survey of senior financial executives about value-based payment readiness and how it has changed in recent years.
This article highlights a white paper that shares top insights from a Fall 2017 gathering of senior healthcare leaders. Within the meeting, executives offered their perspectives on healthcare trends and gave recommendations for future work.
Andrew Motz, assistant vice president, supply chain consulting at HealthTrust, discusses the value of a data-driven approach when procuring purchased services.
This article discusses how Premier Inc. partners with health systems to reimagine workforce management, offering integrated data and advisory services to improve efficiency, reduce costs, and drive performance.