Healthcare News & Insights

Like all organizations, healthcare organizations are under mounting pressure to cut costs and increase revenue. Read about the top techniques for improving revenue cycle management and getting the most out of a hospital’s budget.

What your hospital should know when measuring total cost of care

The rising cost of health care has become a major concern for payors and the feds. To curb the costs associated with patient care, hospitals must be looking at the total cost of care – usually defined as the direct and indirect costs for an episode of care over a period of healthcare coverage (e.g., […] [MORE]

Survey: Patients want financial info before treatment

Facilities may need to take a second look at their policies on patient payment. Here’s why: According to a new survey, there’s a significant gap between what patients want regarding payment and financial options for their treatment, and what hospitals are providing. 

Big changes to bundled payments: What to expect next

The feds have changed their strategy for the implementation of bundled payments, giving facilities much more leeway in participating. While some hospitals may be breathing a sigh of relief, rest assured – they aren’t going away entirely. Neither is the growing shift toward value-based care. 

7 ways hospitals can cut drug costs

Prescription drug costs are one of hospitals’ biggest expenses, and it doesn’t look like the trend’s going away anytime soon. As pharmaceutical companies continue to raise their prices, hospitals bear the brunt of the increases. 

Are quality improvement programs really lowering costs?

Hospitals are doing all they can to lower their costs. One way they’re doing this is by using quality improvement programs to prevent readmissions. And while they are having success at lowering readmissions, a new study shows the cost-savings aspect isn’t always there. 

CMS inpatient payment rule brings payment increase & more changes

The Centers for Medicare & Medicaid Services (CMS) recently released its proposed rule for next year’s hospital inpatient payment schedule. Along with a pay increase, there are several other changes coming that facilities need to know about. 

Avoid uncompensated care costs & bad debt in your hospital

Hospital bills have become costly for patients, so many aren’t paying them. It’s become a battle for facilities to collect balances from patients and, as a result, bad debt is increasing. However, some hospitals are using different strategies to work with patients so they can get paid. 

ACA replacement, bundled payments delayed

The healthcare climate became even more unstable for hospitals recently with two big announcements from the feds: Republicans have withdrawn their first attempt at repealing the Affordable Care Act (ACA), and the Centers for Medicare & Medicaid Services (CMS) has delayed the widespread adoption of bundled payments. 

4 ways a united Republican House, Senate and Presidency will impact healthcare revenue

Now in control of all three branches of the Federal government, the GOP has made it clear its agenda over at least the next two years will focus tightly on deregulation – including with a priority push to effectively defund the Affordable Care Act (ACA). In this guest post, Shawn Yates, director of healthcare product […] [MORE]

The return of the provider-sponsored health plan

“Everything old is new again.” The latest expression of this familiar adage is the return of the provider-sponsored health plan (PSHP). Originally introduced in the 1990s, PSHPs quickly fell out of favor for a variety of reasons. Not the least of which was they simply didn’t make financial sense in a fee-for-service (FFS) world. In […] [MORE]

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