Cost Accounting for a Value-Based System

Gone are the days of traditional fee-for-service models, when hospitals could freely decide on charges and negotiate appropriate reimbursements.  Today, value-based payment models are on the rise, and corresponding price transparency requires that hospitals get a firm handle on their … Continue reading

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Budget Changes in the Age of Health Reform

Chuck Green writes in Healthcare Finance News about “Reform creating budgeting changes” for hospitals.  He cites the long list of reform measures hospitals are now required to adhere to, and the resulting shift away from ledger budgeting towards patient-centric predictive … Continue reading

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