The Proven Four-Step Method to Achieve and Sustain Implant Savings
January 16, 2023
Hospitals are struggling financially. Implant manufactures are not.
Implant savings are not achieved once the new contracts are signed. In order to truly realize the savings, a systematic approach is needed to ensure that contract pricing and terms are adhered to on each bill sheet, new products are not introduced, and analytics are leveraged to curb variance and catch financially impactful trends before they erode negotiated savings.
In downloading this whitepaper, learn how hospitals and health systems across the nation have achieved more than $200 million in implant savings through the implementation of an innovative four-step approach.
Avoid Post-Pandemic Pitfalls: Getting Health Systems Back to Growth
January 3, 2023
Hospital and health system leaders face incredible challenges as we enter yet another year navigating the coronavirus pandemic. Based on our experience in working with hospitals of every size and type across the nation, we estimate that about 60-70% of health systems continue to face disruptive labor challenges, daunting costs and a surge in indigent, uninsured and underinsured care, all while struggling with budget deficits.1
In this whitepaper, we’ll identify cost savings and revenue-generating initiatives that health leaders can put into action to stabilize and thrive.
• Learn the ironic price tag for being too cost-focused
• Read tips to prevent dollars from leaking out of your health system
• Understand how a patient-centric strategy can return your health system to growth
Reference: 1 Based on Cardinal Health-sourced account data estimates
How Automation Can Solve Burnout and Staffing Shortages
December 29, 2022
Hospital finances are the most strained since the Great Recession, and no one can seem to find and hire enough staff. Meanwhile, 57% of healthcare staff are worried they will burn out due to the number of repetitive tasks they have to handle.
This survey of 1,000 American healthcare professionals explores:
The causes of staff burnout
How staff view the role of technology in helping (and hurting) their work
How automation can help decrease burnout and enable providers to do more with less staff
Standard Consumer Scoring Tools Don’t Fit Patients
December 9, 2022
There’s no such thing as a ‘one-size-fits-all’ patient engagement strategy. Healthcare executives should beware—using conventional scoring tools to predict how patients will engage with and pay their healthcare bills is not an effective strategy.
More patients are displaying consumer behaviors in how they seek, access, and pay for healthcare. However, paying for healthcare is fundamentally different than purchasing other high-ticket consumer goods.
In this white paper, we’ll explore how using a healthcare-based propensity scoring model can better predict how patients will engage with and pay their healthcare bills.
Learn why conventional propensity-to-pay scoring is a poor fit for healthcare
Understand how to make the most of healthcare-based propensity scoring models
Gain insight into what healthcare providers should look for instead
Gain insights into other strategies healthcare providers can implement
Maximize Self-Pay Revenue with Better Coverage Detection
December 9, 2022
Over the last few years, an estimated 48 million people1 in the U.S. (under the age of 65) have lost their jobs. This spike in unemployment caused many people to lose employer-provided health insurance as well.
About 20% were insured through their employer and more than 30% had coverage through Medicaid, CHIP, or another family member’s job.
While millions of these individuals and families are expected to remain uninsured, many will enroll in ACA, secure coverage through a new employer, or become eligible for Medicaid or other public programs.
What can providers do?
Download this whitepaper to learn more about proactive steps to find hidden insurance coverage among patients who present as self-pay—so you can collect more from patients and payers alike, limit bad debt and improve financials.