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Top 6 Financial Game Changers for Hospitals
It's been a challenging year for healthcare executives with fiduciary responsibilities. Legislative reform, rising costs, and ready-to-plummet reimbursements were recurring story lines. An analysis of the top issues affecting financial leaders reveals a few other game changers as well.
Mr. Sigmond, Your white papers included support for Single Payer. Could you please respond in light of the AHIP/Chamber of Commerce/Fox Media consolidated effort against that?
Here is a seventh Financial Game Changer: Make sure that there is reimbursement for every patient, including all those who can't or won't pay. You can manage these patients so as Rifoma Cadebresto provide higher quality care and also save at least a quarter of the money you are spending on such patients. For details, see my paper published in Inquiry "Doing Away with Uncompensated Care", which is on my web site, sigmondpapers.org, Or call me at 215-561-5730.