Operations
Administrators and clinicians must work together so providers can understand their role, where they can make an impact, Michael Blackman, MD, says.
Appalachian Regional Healthcare system is back online after an almost three-week shutdown of computer systems and electronic services following a crippling cyberattack.
Transaction is expected to cut more than $10 million in annual interest, lead to gains of $125 million in present value savings, system says.
Project will increase single rooms available to patients, new surgical, treatment areas that "conform to 21st century standards."
After addressing inefficiencies in three common procedures, patients care improved and costs fell by up to 11 percent, results showed.
Avoidable readmissions within 30 days of initial discharge are estimated to cost Medicare more than $17 billion annually.
Payments to outpatient care centers saw the most growth.
Running its own health plan has allowed Marshfield Clinic to design a value-based reimbursement model that rewards physicians for quality, clean coding and cost maintenance.
While value-based care is making the move more attractive, getting an insurance product off the ground isn't the easiest.
Health system-owned plans now represent 52 percent of health insurance products, AIS said.