Maternal & Infant Health Trends Series: The Added Cost of Complications During and After Delivery
January 21, 2020
Premier’s latest analysis on maternal healthcare highlights that excess hospital costs in labor and delivery are in part due to potentially preventable complications and pre-existing chronic conditions.
Key findings include:
Complications, including severe maternal morbidity (SMM) factors and chronic conditions, add on average 20% to the cost to hospitals to perform a vaginal delivery and 25% to the cost to perform a cesarean delivery.
Women with SMM stay in the hospital 70-75% longer, on average, and their care averages 88-111% more in hospitals’ cost compared to uncomplicated deliveries.
Behavioral health disorders that complicate childbirth add 27% and nearly 36% to the cost of uncomplicated vaginal and cesarean deliveries, respectively.
This analysis shines light on the opportunity to improve outcomes and avoid excess costs and longer lengths of stay by working across provider networks to ensure appropriate care prior to childbirth, and standardizing processes to identify and prevent labor and delivery complications.
Succeeding in Value-Based Care with a Next-Gen Revenue Cycle
January 17, 2020
Value-based reimbursement (VBR) models are becoming more common. Success under these models depends on showing positive improvement in key metrics, but providers often struggle to accurately report the quality of care provided.
A next-generation revenue cycle that combines clinically aware artificial intelligence (AI) with an unmatched foundation of evidence-based medical research and knowledge provides the transparency necessary to both accurately report care quality and directly influence the patient satisfaction quality metric.
This paper reviews how a well-tuned revenue cycle can help hospitals succeed with value-based contracts, earning appropriate incentives and avoiding penalties.
Moving from Patient to Consumer: Patient Expectations Then vs. Now
January 2, 2020
There was a time when a whole family went to one doctor and it was paid for by their insurance. They rarely saw a specialist because they trusted their doctor’s word as law. Patients were patients and doctors were doctors but lines have blurred and patient experience has changed today’s patients have consumer expectations and they are knowledgeable
Healthcare is making the transition from the pure traditional model of patient to the world of patient/consumer. Understanding what this shift from patient to consumer looks like is the first step toward successfully navigating these changes.
Convenience Care is Here, and it's Eating Your Lunch
December 11, 2019
Patients want high-quality care that is accessible and affordable.
The number of Americans who report they have a dedicated primary care doctor is on the decline. Consumers now expect to engage with healthcare providers on their phones, tablets, or computers. Patients who don’t feel well want care right away, and as close to home or the office as possible.
The days of making an appointment to see the family doctor and waiting days or weeks for care are over. And healthcare systems that don’t see that—and that don’t find a way to meet those patients where and when they are—will be part of the past as well.
Empowering Patients Helps Improve Your Bottom Line
December 10, 2019
Price transparency is becoming increasingly more important as we usher in the new era of healthcare consumerism.
While insurance carriers benefit from reduced financial risk, providers and patients struggle to adapt. Patient responsibility accounts for a growing percentage of a practice’s accounts receivable, and that number can be even higher in the early part of the year as many plan deductibles reset in January.
Providers that don’t take action are putting their practice revenue at risk. Fortunately, providers now have access to simple financial clearance tools that help both them and their patients understand what is owed. It also helps providers begin the conversation with their patients.
Three Ways Advanced Printing Technology Supports Clinical Goals
December 10, 2019
In this executive brief, written with HIMSS, Dr. Patel takes us through three ways that advanced printing technology can support clinical goals. As the landscape shifts to a value-based care model, it is critical that every piece of technology in environment has a part in delivering the best patient experience. Learn about the three ways that printers, the original IoT device, have a key role in patient care.