Operations
Site-neutral clinic payments, 340B drug program policy, adding procedures to covered list for ambulatory surgery centers all hit hospital margins.
Analytics enable providers to make decisions based on vast amounts of data, resulting in savings.
From direct contracting between employers and providers to campaigns aimed at reducing the stigma around mental health issues, employers are doing it for themselves.
Insurer is investing in at-home and hospice organizations and is focusing on senior primary care through Walgreens partnership.
Farrugia has served as vice president of Mayo Clinic and CEO of Mayo Clinic in Florida since January 2015.
Automating core administrative functions equates to unlocking $15 million in operating income for every 100 full-time employees, Accenture says.
Providers conduct 77 million prior authorizations a year, and getting payers and providers to use one standard could also save $6.84 per transaction.
Flexible schedules and improved organizational communication were the top two issues listed in what would improve the practice culture, results showed.
Amazon's tidal wave through healthcare industry continues as company is in talks to open primary care pilot clinic for select employees with plans to broaden access next year.
Sufficient funding is rare and providers hold back on investing in such programs thanks to inability to quantify benefits, understand delivery of services and insurance concerns.