Analytics
Recent rankings by Healthgrades and Truven claim to list the best hospitals in the country for measures such as quality, safety, patient experience and financial management, yet only one made all four.
Optum, a major player in provider data and finance services, will pay the $12 million San Mateo, California-based Cave Consulting Group for using a licensing methodology for physician analysis that was already patented.
Hospitals see the proverbial writing on the wall, and are preparing for the industry transition to value-based purchasing. But under a value model, many organizations will struggle, at least initially, to maintain their margins and to retain adequate market share in their regions.
As clinical and financial lines blur, CFOs need to constantly keep tabs on which ones are integral to maximizing income.
Let us know how RCM helped your organization improve patient satisfaction, work more closely with clinicians, partner with IT and use analytics to optimize billing.
Strategic growth through consolidation, optimizing care by finding ways to become more efficient providers make experts' list of healthcare issues to watch in 2015.
A healthy revenue cycle is something for which every business strives, but it is especially important for healthcare organizations in the current industry environment, due to declining reimbursements, shrinking margins and evolving payment models.
Here's a look at some more recent headlines in the world of healthcare finance.
Minneapolis-based health system Allina Health intends to work with Salt Lake City-based data warehousing company Health Catalyst on a 10-year initiative to build a new model for improving outcomes system-wide.
Fee-for-service billing still dictates how these platforms work, HIMSS Analytics VP says.