HFN @ ANI
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As value-based reimbursement becomes the norm, consumers demand better-quality care, and federal agencies put new regulations in place, provider executives are feeling the impact. And perhaps no leader feels the effects of these changes more so than the chief financial officer.
The federal government is already pushing providers towards more risk, so it's not surprising that many are going all in by sponsoring a health plan.
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With the ICD-10 transition now behind them, leaders at Mission Health System in Asheville, NC, have their sights set on the future of clinical documentation.
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.
As hospitals and health systems invest heavily in patient engagement initiatives to deliver a better clinical experience -- and in many cases, to drive revenue -- sometimes just changing how medical professionals interact with patients can have the biggest impact.
