Jennifer Zaino
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.
There's a great deal at stake in hospital sourcing and the management of medical supplies. A focus on lowering costs by standardized purchasing of drugs or devices can't come at the expense of compromising high-quality care.
Hospitals and health systems want to mitigate their compliance spend as much as possible, as well as reduce the odds of facing large penalties for being out of compliance. The path to lowering the costs of compliance starts with putting appropriate policies and procedures in place -- and getting the right people at the table to make that happen.
It's the rare hospital that has never experienced delays in receiving reimbursement as a result of clinical documentation coding snafus. But hospitals that don't make a serious stab at clinical documentation improvement (CDI) will be poised to take an even harder hit come October 2015, the start date for ICD-10 implementation.
There’s a great deal at stake in hospital sourcing and the management of medical supplies. A focus on lowering costs by standardized purchasing of drugs or devices can’t come at the expense of compromising high-quality care.
After several years of gloom, there was encouraging news for defined-benefit pension plans in the not-for-profit health sector last year.
It wasn't all that long ago that most surgeries, and many medical and diagnostic procedures, required patients to plan for an inpatient hospital stay. But times have changed.
It wasn't all that long ago that most surgeries, and many medical and diagnostic procedures, required patients to plan for an inpatient hospital stay. But times have changed.
There is encouraging news for defined-benefit pension plans in the U.S. not-for-profit health sector, but the multitude of variables at play means there is also much unpredictability.
Hospitals are one of the most expensive commercial structures to build, with median construction costs for mid- and large-sized facilities hovering at around $300 per square foot.