Strategic Planning
Children's hospitals increasingly face the same market challenges as other hospitals, including a growing pressure to significantly reduce costs. Dan May of Huron Healthcare offers performance improvement suggestions for finance and operations leaders at these facilities.
To boost patient satisfaction scores and compete with urgent care centers and walk-in clinics, hospitals are allowing patients to book appointments in the ER.
In an effort to survive and thrive in the transition to value-based payment models, New Jersey's Hackensack University Medical Center launched an experiment, which, so far, looks promising.
Many small, rural hospitals have struggled financially in recent years. But one critical access facility in Nebraska has discovered a means to financial stability and beyond.
Healthcare finance professionals must better understand how value is delivered by frontline providers, and simultaneously offer providers business insight, said an expert on nursing management today at the HFMA ANI 2014 conference.
Health system acquisitions and affiliations are being driven more by strategy than by financial need, according to survey research released Sunday at the Healthcare Financial Management Association’s 2014 National Institute in Las Vegas.
Two greater Chicago health systems are joining forces to create what could become Illinois' third largest health network. But don't call it a merger.
Despite hiring consultants, assigning process improvement teams and redesigning workflow, hospitals across the country struggle with stagnant metrics. Not only is this frustrating, but having ineffective processes and roles is costly.
How do hospitals survive if they keep patients healthy and at home? For New Hampshire’s New London Hospital, the answer is to partner with the largest hospital in the state to keep costs low and possibly boost patient volume.
Hospital revenue fell in 2014's first quarter compared with the final three months of 2013, the Census Bureau estimated last week. And for a full year -- from Q1 2013 to Q1 2014 -- revenue for healthcare and social assistance rose only 2.9 percent.