Annual Hospital Costs for Opioid Overdose Patients Approaches $2 Billion
The average cost for an overdose patient who was treated and released totaled $504, but the average cost rose to $11,731 for those that were treated and admitted to a hospital.
The 4 Qualities of ‘Next-Level’ Healthcare CFOs
The impact of “next-level” CFOs is felt and seen throughout organizations. For example, by mentoring and coaching to build financial literacy across teams and organizations, these CFOs are seen as proactive and selfless servant leaders who are improving their organizations.
Underinsured Rate Reached 15-Year High
Feb. 6—More insured people are struggling to afford care than at any time since 2003, according to a new survey. And it’s a challenge across all major private- and public-payer categories.
More Federal Support Pledged for Rural Hospitals
Feb. 5—The federal government plans to increase the number and variety of alternative payment models available for rural hospitals, which are facing growing financial pressures.
Extent of Corporate Venture Funds in Health Care
Investment by hospital-sponsored or corporate venture capital funds in digital transformation initiatives is projected to increase substantially in coming years.
Investment Areas for a Digital Future
Healthcare organizations are preparing for their industry’s digital future by investing in 13 key areas.
Financing a Digital Transformation
To keep pace with the rapid proliferation of digital technologies in health care, healthcare organizations must develop a framework for identifying the best funding source for each element in their digital strategies.
Drug Prices an Increasing Challenge for Hospitals: Survey
Jan. 15—Most hospitals have had to juggle their budgets in recent years to accommodate increasingly expensive drugs, according to a new survey.
Jan. 14-18: Focus Falls on Medicare Finances
Jan. 10—As Congress’s primary Medicare advisory panel meets next week to recommend 2020 payment rates, new research has identified a leading cost challenge in the program.
Using Talent Management to Drive Innovation
As finance departments are doing more with less, they begin to see how other organizations are evolving and seeing opportunities flourish as they progress themselves.