Workforce
When it comes to making difficult financial decisions at hospitals, it's crucial to maintain transparent communications with employees and the community. How one small hospital weathered a financial crisis was the focus of a presentation Oct. 26 at a hospital best practices workshop presented by the Maine chapter of the Healthcare Financial Management Association in Auburn, Maine.
New York City hospitals scrambled to ensure patient safety in the overwhelming aftermath of post-tropical storm Sandy, which caused unprecedented flooding and widespread power outages.
As Hurricane Sandy made her approach into the New Jersey and New York coastlines, Hackensack University Medical Center, in Hackensack, N.J., was busy taking all possible precautions and preparations in order to continue to safely provide necessary patient care and ensure sufficient supply levels.
According to Suzanne Menard, Revenue Cycle Director at Southern Maine Medical Center (SMMC), some of the most important keys to implementing a successful Point of Service (POS) collection program include clear objectives presented to all hospital committees and comprehensive training programs for involved staff members.
Independent doctors, before you hit the panic button and become employed by a hospital, take a deep breath. There are alternative options out there.
According to a recent study released by the North Dakota Hospital Association, North Dakota hospitals and their employees contribute an estimated $4.7 billion each year to the state economy.
An internship program can provide healthcare organizations with a competitive advantage, said Craig Nesta, JD, a practice management consultant and assistant professor at Boston University's School of Public Health, during a session Tuesday at MGMA-ACMPE's annual conference in San Antonio.
On Oct. 18, the Massachusetts Medical Society held its State of the State's Health Care 13th Annual Leadership Forum. After the event, MMS president Richard Aghababian, MD, spoke to Healthcare Finance News Editor Rene Letourneau about the biggest challenges and top-of-mind issues facing Massachusetts' physicians.
Think the transition to ICD-10 is just learning a bunch (a real big bunch) of new codes? Think again. A session held Oct. 22 during MGMA-ACMPE's annual conference in San Antonio laid out the impact of ICD-10 on physician practices and how they can prepare for it on the cheap.
Although many hospitals are searching for ways to become more efficient and cut costs, which can include cutting certain positions, the outlook for U.S. healthcare job growth looks positive, as evidenced by the Bureau of Labor Statistics' recent report that 44,000 healthcare jobs were added to the economy in September.