How Healthcare Providers Can Reap the Benefits of an Actuarial Mindset
By adopting actuarial approaches to managing risk, healthcare providers can improve their financial security, apply greater leverage in contract negotiations, and enhance their clinical capabilities.
4 Strategies to Unlock Healthcare Performance Management Constraints
Hospital and health system finance leaders should play a central role in ensuring their organizations are applying high-quality enterprise performance management approaches that improve their organizations’ strategic agility in addressing enterprise risk.
The Evolution of Risk
These are the top risk categories identified by healthcare providers.
ERM: Evolving From Risk Assessment to Strategic Risk Management
Hospitals and health systems must learn how to manage risk effectively to successfully face new challenges in health care.
Federal and Other Initiatives That Are Transforming Provider Risk
Healthcare providers are increasingly taking on payment risk as a result of value-based payment arrangements being implemented by the federal government and the private sector.
The Tax Cuts and Jobs Act: Takeaways for Healthcare Finance Leaders
The Tax Cuts and Jobs Act is likely to have a unique effect on the healthcare industry.
The Benefits of Direct-to-Employer ACO Arrangements
Clifford Fullerton, president of Baylor Scott & White Quality Alliance, describes a direct-to-employer accountable care organization arrangement that is improving patient access and care quality.
Smarter Tech Tools Battle Physician Burnout
March 19—About half of all U.S. practicing physicians experience burnout, and several recent studies have placed the blame squarely on the widespread adoption of electronic health records (EHRs), which require data entry and other click-based tasks.
Undoing Siloes to Improve the Patient Experience
A health system has improved the patient experience with a variety of new processes and protocols, including the introduction of a new patient access center and tutoring by physician coaches.
5 Steps for Consumer-Friendly Payment Options that Raise Satisfaction and Revenue
Today’s hospitals rely more on innovative consumer-friendly revenue capture solutions because of increasing patient responsibility and the risk of non-payment. Providers benefit significantly from implementing technological and non-technological solutions that integrate with operational workflows to mitigate leakage and increase cash flow.