Chuck Green
Unless you have a lot of cash, the often-upgrading world of hospital equipment makes leasing the better option.
The timeworn image of the number-crunching hospital CFO, toiling behind the scenes, has transformed over the past several years into that of a key management figure, deeply entrenched in daily operations and strategic planning.
Although CMS paused the RAC audit program in March, hospitals must remain vigilant. The agency has promised a new round of recovery auditor contracts will be awarded before the end of 2014.
As risks in healthcare get more significant and complex, vigilant monitoring must be a highly deliberate process requiring oversight by a cross-functional team within a hospital.
With greater focus on outpatient care and, where possible, cost cutting, many facilities now are doing more than "paying lip service" to workforce management.
As health systems and hospitals straddle the two worlds of volume and value, it’s tough to know what to do about upgrading revenue cycle management systems.
Hospitals face the decision of leasing or buying equipment on a regular basis. Ultimately, whether to lease or buy comes down to a hospital’s objectives.
Hospitals face the decision of leasing or buying equipment on a regular basis. Ultimately, whether to lease or buy comes down to a hospital's objectives.
As health systems and hospitals straddle the two worlds of volume and value, it's tough to know what to do about upgrading revenue cycle management systems. Upgrade? Or get by on what's already there?
Keeping a hospital's revenue cycle healthy while transitioning to outcome-based quality payments requires both a "hard" and "soft" approach.