Accounting & Financial Management
Hit especially hard were Massachusetts' community hospitals, with median operating margins plunging to 0.9 percent.
Automating core administrative functions equates to unlocking $15 million in operating income for every 100 full-time employees, Accenture says.
What looks like a nightmare for hospital finance executives is also an opportunity to reduce excessive losses typically associated with such claims.
AI, Blockchain and visualization are coming to help hospitals make the move to value-based care.
The top two priorities boil down to cost and consumerism has surged into the top 5 for 2018, mirroring industry trends.
Healthcare Finance wants to know what plagues your revenue cycle management the most right now and we'll report the results back to you.
The insurer rewards physicians in care coordination reimbursements.
The trend even includes Medicare bad debt, which results when hospitals exhaust efforts to collect from beneficiaries and must be paid back.
Doing a full financial assessment is key to forecasting financial distress but there's more to it than looking at cash flow ratios and profitability.
A more concerted effort by pharmaceutical companies to drive medication adherence could help them increase their sales growth and margin profile.