Operations
According to tax and advisory firm KPMG, 74 percent of healthcare providers say they are either in the beginning stages or have not even begun to invest is systems for analytics and financial reporting.
Ian Morrison tells insiders at the Healthcare Financial Management Association's 2015 Annual National Institute that U.S. systems have to reconcile costs to improve value.
The best method to attract and keep consumers is to build access to points of care throughout the organization, from a hospital's retail clinic to physician offices, primary care and medical specialists, experts at HFMA 2015 ANI say.
According to iVantage, these hospitals excel at managing risk, achieving high quality, outcomes and patient satisfaction while running on lower reimbursements and charges than their peers.
But spending on community programs still a small slice of the tax savings these health systems receive.
Amid increasing financial challenges, Parkview could no longer survive as a stand-alone hospital.
Dozens of advocates for saving rural hospitals from closure marched into Washington D.C. on Monday, after walking 283 miles to signify the 283 rural hospitals that are on the brink of closure.
New report by Standard & Poor's claims a more diverse payer mix brought about by the Affordable Care Act and a surge in admissions as more Americans have health insurance lifted the sector.
"Cadillac tax" on high-priced plans is also contributing to the spending decline and accelerating the cost shift from employer to employee, PricewaterCooper report finds.
Battle between SignatureMD and MDVIP rages over alleged anticompetitive practices that require doctors to sign noncompete agreements.