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 Digital Associate Editorial Director for HealthLeaders Media.
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