Budgeting
The firm pointed to strain of expenses and stalled revenue growth as the core reasons.
The healthcare industry has been a stalwart buoy to the economy, adding jobs steadily for several years, but experts propose that boost may be driving lamented cost growth.
Doctors have balked at the increasing burden of implementing metrics, which cost roughly $15.4 billion annually to meet.
The average 1,500-bed hospital prints more than 8 million pages per month, adding up to about $3.8 million per year.
With transfers to larger hospitals comes a high cost burden, making it important for community-based organizations to strike the appropriate balance.
With bold projections that we are on the cusp of the biggest IT spending growth in a decade, new predictions from industry analysts show how much, and on which technologies, hospitals will acquire, modernize or optimize IT.
While the findings of two new research studies are unrelated, each is noteworthy in the opportunity presented to help bend the healthcare cost curve.
From an Epic install, a drop in patient volumes and Hurricane Harvey, MD Anderson's chief financial officer explains reveals how the system overcame financial hurdles.
Lack of access to nutritious food is a social determinant of health linked to high healthcare costs; about 13 percent of U.S. households report food insecurity.
Paying hospitals a fixed global budget reduced their prices but individual physicians continued to be paid on a fee-for-service basis.