Linking your financing and investment decisions to improve the overall health of the enterprise
April 25, 2016
For a non-profit enterprise seeking to design effective investment portfolios for its asset pools, understanding the role of each of those asset pools is a crucial first step. The organization's goals and exposures can impact all parts of its portfolio construction process, from initial broad decisions on risk tolerance to more targeted decisions on asset-class exposures and investment vehicle preferences.
Given that each non-profit hospital and health system has its own unique situation, this Russell Viewpoint offers a framework for evaluating asset-allocation decisions. We highlight the need to consider and discuss the following:
Multiple roles of each asset pool within the enterprise
Market environments in which the stability of the individual pools would become most important
Any income statement implications of portfolio decisions
Disrupting Healthcare's Legacy Approach to Staffing
April 6, 2016
An innovative staffing and scheduling methodology is emerging in healthcare, and reinventing how hospitals and health systems leverage their most valuable resource – their employees – to achieve better outcomes. These outcomes include more satisfied employees, reduced labor costs and, ultimately, improved quality of care and patient satisfaction.
This new approach, called Collaborative Staffing, reimagines traditional staffing practices and offers new solutions to long-standing problems. The Collaborative Staffing model is being leveraged by many leading healthcare organizations to drive down labor costs and optimize staffing processes. These organizations are able to save money through smarter staff utilization, as opposed to workforce reductions. And with a focus on employee empowerment, organizations are seeing this positively impact turnover, recruitment, and staff engagement, which ultimately contributes to improved patient outcomes and quality.
Download the Whitepaper to understand the research demonstrating how Collaborative Staffing improves the efficacy, efficiency, and organizational outcomes associated with staff management. The analysis aims to detail the power of this staffing and scheduling paradigm, and exemplify how it benefits financial health, staff, and patients for hospitals using this model.
Reimbursement for Value-Based Care: Analytics Tools Can Help Providers Navigate Stormy Seas
April 1, 2016
U.S. healthcare providers are venturing into the treacherous waters of value-based care, and many are starting their voyages in leaky boats, according to a recent survey of industry executives conducted by HealthLeaders Media and sponsored by RelayHealth.
Download this free report to gain insight into industry feedback and key analysis surrounding the following survey questions:
In which specific payment models is your organization planning to make IT solutions investments over the next three years that are focused on improving its ability to manage reimbursement?
How many unique contracts does your organization have across all of its risk- or value-based payment models?
Does your organization have the ability to model its patient costs and revenues across all payment models and care settings?
The State of Web and Mobile Application Security in Healthcare
March 14, 2016
Given the widespread adoption of electronic health record (EHR) systems and health IT generally, healthcare organizations now are faced with the daunting challenge of securing these systems to keep patients safe, data secure and systems running efficiently.
Taming the Wild, Wild West of Ambulatory CDI to Enhance Overall Hospital Revenue Strategies
March 1, 2016
Driving financial performance in the outpatient setting is a top-of-mind priority among senior health system leaders. But managing the differing clinical documentation methodologies and risk assessment strategies present the greatest challenges to optimizing this important source of revenue, according to a recent HealthLeaders Intelligence survey. Provider organizations are finding the ambulatory setting is still a ‘Wild, Wild West’ in terms of assessing risk, clinical documentation, coding billing and medical record keeping practices. Download this report to discover key targets to improve ambulatory revenue.
Frost & Sullivan Position Paper: Product Innovation - GE Healthcare Value Based Care Administration
February 15, 2016
Successful management of the transition from volume-based to value-based reimbursement can only be achieved when organizations are clinically and financially integrated to ensure tight care coordination and efficient resource utilization.
Frost & Sullivan’s New Product Innovation Leadership award was bestowed on GE Healthcare’s Centricity Financial Risk Manager, a unique offering in the marketplace that enables healthcare systems to reduce the cost of administering risk-based contracts by streamlining business processes, thus improving profitability and maximizing efficient workflows.