Hospitals and physician practices generally achieve ‘moderately effective’ use of cost data, according to a survey, which also identified more effective approaches
Although many healthcare organizations say they have achieved middling results in their cost accounting efforts, that could improve through widespread adoption of approaches identified as most effective.
New report: Patients and insurance companies in the United States pay higher prices for almost everything healthcare-related
Healthcare providers are likely to experience increased scrutiny and pressure to lower healthcare costs in 2020. To help its members successfully navigate this new environment, HFMA is hosting its first Financial Sustainability Summit April 16-17 in Denver (hfma.org/events).
How long will employers continue to tolerate healthcare cost growth in excess of inflation?
Employer frustration with high healthcare costs is translating into support for more aggressive governmental intervention in healthcare markets.
Quality is table stakes, but patient financial experience of care is key to future referrals
A high-quality patient financial experience of care is key to a steady stream of referrals.
Fitch warns about a potentially big hit to NFP hospitals from Medicaid payment changes
The credit standing of not-for-profit hospitals could take a hit from proposed changes to aspects of Medicaid financing, according to a rating agency.
Health system obstacles can prevent the elimination of low-value services
Health system processes — not just physician practice patterns — can create obstacles to eliminating low-value care, value-based payment advocates have found.
Health plans expect to offer generic drugs by 2022
A health plan alliance with hospitals aims to produce generic drug alternatives that will save consumers “hundreds of millions” of dollars.
Many voters oppose giving government authority to set all healthcare prices
More voters oppose broad government rate-setting than support such an approach to addressing healthcare cost increases, according to a poll.
Cost transformation requires accountability
Incumbent providers will be put to the test as the healthcare business model shifts to a price-competitive, retail-focused market. All stakeholders within the organization must understand what is at stake and their responsibilities for achieving results.
A look into the cost-accounting systems of the future
Access to real-time data allows healthcare leaders to act on the activities that need immediate attention before they escalate to more serious problems.