Rodney J. Moore
Squeezed budgets make it difficult to finance hospital equipment, so hospitals are turning to flexible equipment financing as a solution.
The confusion caused by patient billing documents impacts providers' ability to collect on patient bills, so some providers are trying to simplify billing for patients in an effort to increase their debt recovery.
The market will continue to grow, but slowly, while international demand looks promising.
The hospital CFO's role has expanded thanks to healthcare reform, including taking a more hands-on approach to supply chain management.
For years, hospitals have been trying to discover new strategies for getting greater efficiencies out of their supply chains. Here are some current trends.
Since undocumented immigrants can't participate in the healthcare insurance exchanges created by the Affordable Care Act, millions of foreign-born residents will be excluded, leaving hospitals to continue to pick up the cost of their care.
Investing in data warehousing may pay off for the healthcare industry, but the key to success lies in how to mine that data.
Most hospitals do a solid job of managing patient receivables and associated bad debt expense, but even well performing organizations are quick to say there is always room for improvement.
With implementation of the Affordable Care Act fast approaching, the eligibility process could be queuing up for an overhaul.
As the annual benefit planning season draws near, hospitals are facing some of the same struggles over fine-tuning their plans as other employers trying to meet the requirements of the Affordable Care Act.