Analytics

Top services include upper airway endoscopy and nerve injections.

Infections treatments lead to millions in medical charges.

Healthcare financial planning is more complex than ever, evolving from a function-focused activity into integrated financial and operational planning that touches the entire organization.

Perhaps the biggest value-based challenge on the finance side is the lack of a single set of metrics by which to gauge quality.

Changes in payment trends brought about by the Affordable Care Act, technology expenditures related to electronic health records, and fluctuations in cash flow from higher deductibles and patient copays have all impacted the need for readily available cash.

Bert Zimmerli, Executive Vice President and Chief Financial Officer of Intermountain Healthcare, enthuses about wireless technology, sensors and connected health as they pertain to the growing focus on revenue cycle management in healthcare.

The Centers for Medicare and Medicaid Services said it was releasing the data to provide greater transparency on what drugs were being prescribed, and by which physicians.

Linda Burt of Nebraska Methodist and Katrina Belt of Baptist Health say analytics gives them the data to reshape their healthcare environments in the transition from fee-for-service to value-based care reimbursement.

The integration will give providers additional expertise as they navigate ICD-10, meaningful use, population health management, privacy and security, revenue and cost management and analytics.

Jeffery D. Hurst, SVP Finance at Florida Hospital, describes changes in revenue cycle management at his organization, including a new focus on analytics and an emphasis on driving patient engagement.