Accounting & Financial Management
Payments to outpatient care centers saw the most growth.
Leaders from the House Ways and Means Committee and the House Energy and Commerce said healthcare providers need more time.
New research suggests a path forward that could save money while also improving patients' health.
By itself, the higher-value care intervention doesn't live up to its cost reduction potential, due mostly to inadequate funding, researchers say.
Evidence suggests the technology can assist clinicians in earlier detection of patient deterioration, helping to reduce patient length of stay, minimize use of intensive care units, reduce falls and pressure ulcers and avoid cardiac and respiratory arrests.
Attendees share photos, insights and potent one-liners on social media during the Healthcare Financial Management Association event in Las Vegas.
Running its own health plan has allowed this Wisconsin system to design a homemade value-based reimbursement model.
Higher numbers of payers and practice managers coming to the show, underscoring the need for collaboration in the face of volume-to-value shift.
Starting salaries for both primary care physicians and specialists have shot up in the last 12 months, according to a 2016 report by Merritt Hawkins, a physician search firm and subsidiary of AMN Healthcare. The spike represents a rising demand for physicians and amid the growing doctor shortage, Merritt Hawkins said.
Cost saving strategies vary from health system to health system, but experts say close monitoring of labor costs is one of the most important areas that can affect an organization's finance structure.