Strategic Planning
When it comes to using business intelligence tools, most medical practices have yet to graduate kindergarten. But a closer look at these BI systems suggests it's time to start using them to define trends in patient population and improve operational and clinical performance.
The decision by lawmakers to delay implementation of ICD-10 by a year will give hospitals extra time to get ready for the transition, but will have a negative financial impact.
Healthcare providers are good at collecting data, but are they using it to make good clinical and financial decisions?
In a recent report, MedPAC identified the common traits of the nation's poorly-performing hospitals. These are traits that have a big impact on hospital financial performance and should be understood by all hospitals -- even if they aren’t performing poorly currently.
In today's healthcare environment, improving the performance of employed physician practices is essential. But simply employing a physician isn't enough. The structure of compensation can be a key component for improved physician alignment.
Reducing utilization will reduce the total charges on a patient’s bill, but it doesn't necessarily make cost of care less expensive for hospitals.
With a new study showing both inpatient reductions and specialty care increases linked to high-risk medical home patients, health systems have more evidence to buy into the PCMH model as part of their clinical and financial improvement strategies.
Having IT is a necessity for hospitals, but for many, having an IT team to support that technology is a luxury. Here are some tips from experts on creating an IT team on a budget.
Entrepreneurial doctors looking for an alternative to hospital employment and solo practice and seeking increased business opportunities are turning to an emerging option - the mega-group.
The need for business intelligence is pretty much understood by all, but how do hospital administrators separate self-proclaimed BI "experts" from the real deal? Here are five foolproof questions to ask of your potential BI partner that will ensure return on investment.