Budgeting
Changes in the marketplace--namely the shift to outcomes-based reimbursement--call for new approaches to financial management.
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.
The cardiac defibrillator market continues to be competitive, even though replacing older systems is the primary reason healthcare organizations are purchasing new defibrillators.
By tracking differential pay and overtime by cost centers, healthcare organizations can see a sizable reduction in their employee compensation costs.
Hospital financial planning is no longer simply a forecasting and budgeting exercise, but needs to reflect the effect of various initiatives and scenarios contained in increasingly complex strategic plans.
CEO Ram Raju wants to grow the health system's patient base to 2 million people and double the enrollment of its Metroplus health plan.
In its annual recommendations to Congress on Medicare policies, the Medicare Payment Advisory Commission recommends a 3.25 percent update to inpatient and outpatient hospital payment rates for 2016, as well as repeal of the Sustainable Growth Rate (SGR) methodology for physician services.
Projecting the financial future of a healthcare delivery system is like hitting a continually moving target being pushed in various directions by a wide variety of forces. But sometimes small steps can offer big benefits.
Leaders, providers and vendors shared top insights into healthcare news on Twitter.
Lower revenue makes tracking costs even more important for these smaller healthcare facilities.