Accounting & Financial Management
Changes in the marketplace--namely the shift to outcomes-based reimbursement--call for new approaches to financial management.
As in other industries, a healthcare organization can also be better positioned to manage payments if its bank adopts a centralized payments hub.
The company last year lost thousands of customers to the health law's online exchanges where consumers shop directly for plans and find out if they qualify for subsidies.
Healthcare payment structures are changing, but won't necessarily hurt healthcare system's finances.
Healthcare financial planning is more complex than ever, evolving from a function-focused activity into integrated financial and operational planning that touches the entire organization.
Expenses are climbing by 8 percent this year over last, from $416 billion in 2014 to $608 billion in 2015, according to a new report from Kalorama Information.
New Hampshire ACO's goal is to have capitation make up 70 percent of reimbursements, dropping fee-for-service from its current 50 percent to 30 percent.
Operating income across Pennsylvania's 35 for-profit and 135 nonprofit hospitals decreased about 5 percent in fiscal 2014 from $1.8 billion to $1.7 billion, according to new data released by the Pennsylvania Health Care Cost Containment Council.
The further reimbursement cuts are expected push margins of an estimated 40 percent of all home health providers into loss territory.
Patient engagement can ensure the delivery of patient- and family-centered care while bolstering the ability of accountable care organizations to meet quality and savings goals.