By Lisa Miller – Physician preference items or physician driven spend is a significant driver for hospitals. Hospitals should aim to work together with their physicians, not just work with them when the need arises. Three obstacles are observed when hospitals begin the initiative of engaging their physicians for cost savings.
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By Matt Maslin – If you ask a hospital executive what issues are keeping them up at night, there’s a good chance staffing will be high on their list of concerns. John has spoken with 100+ senior hospital executives across the US to discuss biggest challenges they’re facing for 2022 and beyond.
By Jordan Rau – The federal government’s effort to penalize hospitals for excessive patient readmissions is ending its first decade with Medicare cutting payments to nearly half the nation’s hospitals. In its 10th annual round of penalties, Medicare is reducing its payments to 2,499 hospitals, or 47% of all facilities.
By David W. Johnson – My sister recently gave me a t-shirt that proclaims, “I speak in movie lines, song lyrics and sarcasm.” At least the middle part of that proclamation applies to this month’s song, “Sweet Hospital-at-Home,” sung to the tune of Leonard Skynyrd’s “Sweet Home Alabama.”
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 Derek Jones – For the longest time, healthcare facilities had been slow to adopt digital technology. A significant factor in this delay was anxiety regarding costs and privacy risks. This has, however, changed as there is currently a global digital transformation taking over the sector.
By Bernard J. Wolfson – A federal price transparency rule that took effect this year was supposed to give patients, employers and insurers a clearer picture of the true cost of hospital care.
By Michelle Andrews – The week before Brian Colvin was scheduled for shoulder surgery in November, he tested positive for covid-19. What he thought at first was a head cold had morphed into shortness of breath and chest congestion coupled with profound fatigue and loss of balance.
By Paul Nadrag – By now, all hospitals and health systems are aware of ransomware-related cyberattacks where a hacker will gain control of a computer network, data center or cloud server and encrypt the data, effectively blocking access until a ransom is paid.