Survey Results: How Health Care Providers are Becoming Financially Resilient in the COVID-19 Era
March 30, 2021
Financial resiliency for hospital executives is a continual pain point. Not only are they grappling with huge operational and care delivery shifts, but they also face growing financial challenges that will take years to sort through.
In a new HealthLeaders Buzz Survey, more than 100 health care provider leaders including CEOs, financial, clinical, operations, and IT, reveal that everything from workforce issues and technology gaps to inefficient business processes and dwindling investment capital have had an impact on revenue cycle performance in the last year.
Download the latest research brief today to learn:
Top barriers to achieving financial resilience
Areas ripe for improvement
Key strategies for achieving stronger financial health
Case Study: Increase Patient Engagement with Inspira Health
March 29, 2021
Many patients struggled to understand the charges on their billing statement and found the medical terminology confusing. When it was time to pay their bill, patients found the experience difficult, even with an online payment option available.
In this case study, find out how Inspira Health improved their patient experience to offer their patients easy-to-understand bills and provide a more intuitive online bill pay portal, resulting in revenue growth of more than $1.5 million across its hospital and physician groups in less than two years.
Hospitals Feel Greater Responsbility for Employee Financial Wellness During Pandemic
Bank of America
March 29, 2021
COVID-19 has taken a serious toll on hospital employees of all ages, impacting their wellness in numerous ways that go deeper than some organizations may initially realize. While hospitals have demonstrated incredible resilience and an innovative mindset since the start of the pandemic, gaps have begun poking through when it pertains to employee financial, physical, and emotional wellness.
A HealthLeaders Buzz Survey recently asked over 100 healthcare leaders about the harsh impact of COVID-19 on the current financial state of their health systems and the growing need for robust wellness programs.
In this exclusive report, learn the results of this survey and gain insights from healthcare’s top leaders in the following areas:
The most consequential non-COVID-19 health effects
Meeting Today’s Complex Pulmonary Needs through LTACH Expertise
Kindred Hospital Rehabilitation Services
March 29, 2021
Compounded by the COVID-19 pandemic and flu season, providers and payors have sought new strategies to address respiratory failure. For patients experiencing respiratory failure conditions, such as acute respiratory distress syndrome (ARDS), specialized acute care after the initial hospital stay is proving to play a critical role in improving patient outcomes, reducing readmissions, and decreasing the severity of long-term effects.
Long-term acute care hospitals are often the most appropriate recovery setting for complex pulmonary patients, as they are licensed acute-care providers, with physician-directed teams specializing in the care and rehabilitation of patients on mechanical ventilation. LTACHs can provide the optimal level of care for lasting patient recovery and for reducing STACH readmissions.