The 4 Requirements for Outsourced Agreements All hospitals rely on outsourced agreements and services to deliver quality patient care, but they are complex, with financial and operational implications.In this new blog series, we will cover the four mission critical requirements to effectively manage your outsourced agreements (also referred to as purchased services).In this introductory article,
3 Bundled Payment Strategies This article was written by Lisa Miller. As the healthcare sector continues to explore its options for payment models, bundled payments are becoming more popular. To maximize profit from this type of payment model, I recommend three overlooked bundled payment strategies that I discuss below. The Rise in Popularity of Bundled
Defining Data Analytics for Hospitals This article was written by Lisa Miller. Table of Contents The following topics are thoroughly covered in this article: What is healthcare analytics? Examples of analytics in healthcare How analytics benefits providers, patients and payers How data analytics can support your hospital or healthcare systems’ cost savings and financial improvement goals
This article was written by Jim Cagliostro. Nurses and Hospital Cost Savings Healthcare in the United States is expensive. The US health care system spends almost twice as much as any other country without significantly better outcomes to show for it. [1] In formulating cost reduction strategies, we recommend that nurses must be included in
Effective Cost Management This article was written by Lisa Miller. Change is recognized as the one constant factor in the healthcare sector. Sometimes that change is impossible to predict, as the COVID-19 pandemic has shown. Our two part blog series on finance and budgeting, summarized below, offers proven strategies and considerations to manage your hospital’s
Physicians Can Provide Quality Care at Lower Costs This research report was compiled by Lisa Miller. EXECUTIVE SUMMARY “Our goal is to empower hospitals to create the optimum patient experience, develop strong community partnerships, and build a unique bond between provider and patient.” Current US healthcare spending statistics are alarming. The Center for Medicare and
