Revenue Cycle Management
There is plenty of disagreement regarding the ROI of workplace wellness programs, but some evidence suggests the savings are there in the long run.
Community Health Systems, based in Franklin, Tenn., recently announced that their net operating revenues for the first three months of 2013 increased despite a drop in admissions.
The American Telemedicine Association's finance and operations track during its annual meeting in Austin, Texas, sets out to give conference attendees a better understanding of telemedicine's return on investment and efficiencies.
In a memo to its employees last week, one of Maine's largest health systems said it has suffered an operating loss of $13.4 million in the first half of its fiscal year. The health system's leadership has determined $15 million needs to be saved to breakeven by year's end.
The results are in from the MGMA-ACMPE Medical Directorship and On-Call Compensation Survey: 2013 Report Based on 2012 Data.
In "Perfecting Patient Journeys" ($70, Lean Enterprise Institute), authors Judy Worth, Tom Shuker, Beau Keyte, Karl Ohaus, Jim Luckman, David Verble, Kirk Paluska and Todd Nickel offer a how-to guide for using lean management to make progress toward improving service delivery and costs. Beau Keyte and Jim Luckman talked to Healthcare Finance News about the book.
A growing number of small businesses are turning to bartering to get healthcare services they otherwise couldn't afford. It's a strategy that also offers benefits for the healthcare businesses providing the services.
University Hospitals, a healthcare system in northeast Ohio, has joined up with three smaller health systems in the state to create a new purchasing collaborative to save money on supplies and improve the efficiency and effectiveness of care delivery.
Hospitals make more of a profit when surgical patients develop complications finds a new study published Wednesday in JAMA.
The Federal Bureau of Investigation estimates that healthcare fraud costs are approximately $80 billion annually. To prevent some of the billions from being siphoned from the healthcare system, many organizations are turning toward analytics.