Taking Action: Four Ways Hospitals Are Improving Revenue Cycle Performance
June 1, 2018
With continual pressure to cut costs and improve revenue, hospital finance leaders are innovating like never before. This report examines four ways high-performing revenue cycle teams are taking smart, actionable steps to address their top pain points.
Hospital leaders are also learning that successful long-term financial planning must include the entire organization. For example, when Indiana University Health (IU Health) discovered its payer mix was shifting and operating margin was declining, it revamped financial planning processes to include greater collaboration between doctors, nurses, operations teams, and regional executive teams. As a result, clinicians were more engaged in identifying opportunities to improve savings and standardize system operations.
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This report looks at the top changes happening in CDI this year, including CDI’s growing role in improving quality and growing revenue. Healthcare executives will learn about CDI’s increasing importance in helping tackle big challenges such as denials and approvals and key tips on creating a successful outpatient CDI program. Download this free report to learn more!
Next-Generation Technologies: Hospitals Pave the way for Innovation in 2018
February 2, 2018
As healthcare organizations move into 2018, they are rolling out next-generation technologies to address key goals in areas that are still front of mind, including value-based care, population health, consumerism, clinical integration, and the revenue cycle.
As more healthcare organizations take on risk-based models, care management practices and the technologies surrounding them, must support these initiatives. In the latest HealthLeaders Media Industry Focus, we examine these technologies and strategies that:
As the healthcare industry undergoes a deep transformation due to consumerism, healthcare organizations are making strides to shape the customer experience before a patient even enters a hospital or doctor's office.
Download this report to learn how two healthcare organizations about as opposite as they can be - IU Health and Jefferson Health - are reimagining the patient experience by using their unique characteristics and relentlessly pushing to understand their customers.
In the last few years, population health and value-based care goals have been driving data and analytics strategies. As organizations take on more risk, they are also using different data types and algorithms to improve care for high-cost, high-risk patients.
In a 2017 HealthLeaders Media Analytics in Healthcare Survey, 85% of respondents say they have the capabilities to perform descriptive (or retrospective) financial data analytics, while 76% have capabilities to perform descriptive clinical data analytics. The survey found that healthcare organizations have less capability when it comes to predictive financial (56%) and clinical (46%) data analytics. Finally, about one-third of healthcare organizations have the capability each for prescriptive financial (34%) and clinical (35%) data analytics.
Download this report to learn about insights about transitioning to new data strategies from health systems including Beth Israel Deaconness Care Organization.