Strategic Planning
If post-acute care providers want to participate in new care and payment models like accountable care organizations, they need to take the initiative.
Once an organization decides to transition to the accountable care model, there is an immediate need to begin long-term financial planning. While your organization is working to drive down costs, it must also look for ways to maintain profitability.
As healthcare reimbursement shifts from a system that rewards quantity of care to quality of care, the onus is on the CFO to determine where best to allocate financial resources and how best to pare them.
If post-acute care providers want to remain viable as businesses, they’re going to have to invest in technology.
Honolulu's Kuakini Medical Center was anticipating an enormous capital investment to upgrade its energy systems, when a golden opportunity came along.
National healthcare expenditures grew at an annual rate of 4.1 percent in 2013, according to an analysis by the Altarum Institute. This is the fifth consecutive year of spending growth in the 4 percent vicinity.
There is a common misconception in healthcare that nearly all value-based care models are one-of-a-kind. In truth, while the starting point may be unique for many organizations, value-based models are actually conceptually quite similar.
As out-of-pocket medical costs grow for many Americans, the insurance industry is offering a way to help and, at the same time, expand its business: by selling supplemental policies that may fill the gaps for consumers.
Back in the early 2000s, Mid-State Health Center was in dire need. The new CEO knew something had to be done immediately, but the facility didn't have access to appropriate funding. So, the CEO got creative.
Many healthcare organizations are realizing that in less than nine months, ICD-10 will be upon them. Healthcare Finance News talked to some industry experts to find out where organizations are in the run up to Oct. 1.