Strategic Planning
Pittsburgh-based Allegheny Health Network has acquired a majority stake in Klingensmith Healthcare, a Pennsylvania supplier of home medical equipment. The move comes as many health systems are bolstering their home-based and outpatient services.
Mergers and acquisition activity in the health and life sciences sector is expected to keep gaining momentum in 2015, a new survey released Tuesday claimed.
Patient experience is one component of value-based reimbursement, and hospital finance staff must be aware of the connection, and their role in contributing to the overall patient experience.
Where once healthcare CFOs were essentially entrusted with overseeing the nuts and bolts of finance and accounting, today their roles have been dramatically transformed.
For healthcare financial executives, the integration of a new operation carries many challenges. And not the least is the question of how to compensate physicians who are joining the organization.
As Medicaid enrollment tops 68 million in 2014, health systems are testing out new financing and delivery systems to handle the financial risk and reimbursement issues stemming from the surge.
Collaboration with university-based business schools can bring a new perspective to hospital and health system problems, especially when trying to introduce new thinking into an organization.
While narrow networks aren't new, they have emerged as one of insurers' major levers for keeping costs down under the Affordable Care Act. Patients are often distressed at narrow networks' restrictions, but such plans can be designed right.
Accountable care organizations can be risky business. ACO care partners must be able to depend on one another for proper patient handling, data flow, clinical cooperation, revenue sharing and other agreed-upon measures.
The change from a fee-for-service healthcare model to a value-based approach might be inevitable, but that doesn't mean it's happening quickly. In fact, the majority of providers remain tied to the old model.