7 Resources for Boosting Outpatient Business
5.Four Ways to Accelerate ED Triage, Boost Revenue
Long waits in the emergency department aren't just bad for patients. They're bad for hospitals, which are under increasing pressure to improve ED service, as delays can impact revenue. "Having a speeded-up ED process is something 'we take advantage of,' says the CEO of a 128-staffed-bed community hospital in New York State, 'We have a half-hour distance from our competitors. People have a choice where to go for their ED treatment. We're doing this because people are voting with their feet.'"
6.With Help, Patient Assistance Programs Can Save You Millions on Outpatient Drugs
This article explains how hospital pharmacies and patient advocates can work with patients to potentially save millions of dollars through bulk purchasing and better patient assistance.
7. FACTFILE: Outpatient Trends
The growth of outpatient procedure volumes has been largely beneficial to hospitals, but for some procedure groups, hospital share has declined as nonhospital settings have shown share increases, notably in major outpatient surgery. Still, focusing on significant procedure groups, from 2007 to 2009, hospital-based outpatient utilization rates grew more rapidly (4.6% annually) than non-hospital providers (1.9%).
Cora Nucci is the Senior Online Editor for HealthLeaders Media.
- $6.4B Henry Ford, Beaumont Merger Failed on Cultural Hurdles
- How Chargemaster Data May Affect Hospital Revenue
- House Lawmakers Grill CMS Over Health Exchange Navigators
- Fortunately, Angelina Jolie Isn't On Medicare
- ED Physicians Key to Half of Hospital Admissions
- Don't Let Nurses Sink Your Bottom Line
- Primary Care Docs Average More Hospital Revenue Than Specialists
- Insurer's App Aims to Lower Healthcare Costs, Securely
- Uncompensated Care Faces a Double Hit in Some States
- 69% of Employers Plan to Offer Healthcare Coverage After 2014