By Patrick Burton – As consumers, we very seldom appreciate inconveniences, no matter how minor they are. As a result, producers of goods and services are competing feverishly to make transacting easy. In 2021, if we want something, we rarely have to go far to find it. Heck, most of it can now be delivered to your doorstep the same day.
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NAACOS reported that Medicare’s largest alternative payment model produced its highest annual savings to date in 2020, while continuing to provide high-quality care, as shown by performance data released by CMS. Check out ACOs reporting savings.
By David Burda – A caveat before you keep reading. As a journalist, I see things as half empty. I leave the half full to the marketing, communications and public relations people. With that bias out in the open, it turns out that not every hospital or health system loves their group purchasing organization.
The American Medical Association called the Biden Administration’s interim final rule on surprise billing an undeserved gift to the insurance industry that will reduce health care options for patients.
By David Burda – They say the first step to recovery is admitting you have a problem. That sage advice apparently applies equally to people suffering from an addiction and people running a health system. A new study in the Journal of Healthcare Management reveals a big gap between what many executives think of their health system’s performance and how their system actually performs.
By Lisa T. Miller MHA – Robust cost management is now imperative for every hospital. Adopting the 4 P’s of a successful hospital cost savings strategy can help to drive margin improvement across your hospital.
By Matt Rolfes – The shift toward greater patient financial responsibility is not slowing in healthcare. This trend—predicted by experts and underway for several years now—continues to tilt the reimbursement scale away from insurance claims and onto the patient.
By Mark Spinner – The move toward an omnichannel communications strategy in revenue cycle—from secure texts to online chat, patient portals and phone support—creates a customized experience that boosts patient satisfaction and financial engagement.
By David W. Johnson – In the classic “Casablanca,” cynical restaurateur Rick Blaine operates Rick’s Café Américain in occupied French Morocco during WWII. In an iconic scene, Louis tells Rick that he’s closing his establishment because he’s “shocked, shocked to learn there’s gambling in the cafe” just as a casino worker hands Louis his winnings.