Strategic Planning
As payment moves to value-based models, telemedicine could become an important part of the hospital's financial future. One health system is already planning on the financial benefits by creating a standalone virtual medical center.
There is encouraging news for defined-benefit pension plans in the U.S. not-for-profit health sector, but the multitude of variables at play means there is also much unpredictability.
Business intelligence is a popular buzzword in the healthcare industry, tapped as a cure-all for almost every faulty business or clinical process. But while BI is not a panacea, done properly it can translate raw data into actionable knowledge and help cut hospital costs.
A new tool for modeling the physician workforce is now available for free to hospital and health system administrators, policy makers and others.
As healthcare continues the transition to value-based reimbursement models, acute and post-acute care collaboration that benefits both organizations -- financially and clinically -- is the future of patient care.
South Nassau Communities Hospital CFO Mark Bogen spoke with Healthcare Finance News about risk, controlling costs and revenue challenges for his Oceanside, N.Y.-based organization.
At a time when emergency care is increasingly viewed as inconvenient, overcrowded and overpriced, and possibly losing ground to urgent care clinics, some health systems are trying to make their ERs a place where people actually want to go and spend their time and money.
Catholic Health Initiatives, one of the nation's largest health systems, is keeping its eye on the future by launching a new health brand that will compete with established health insurers.
If we can identify the "underlying path" of health spending, we can do a better job of predicting the future from a noisy history. This underlying path can also serve as the curve to be monitored for evidence of any "bend."
When physicians are uninvolved in how expenses are handled in the larger health system environment, and it does not affect their income, behavior changes and apathy for the operational overhead ensues. Institutions leave themselves open to problems when a physician has no incentive to keep costs low.