Hospitals need engaged physicians to manage supply preferences
Gainsharing and co-management are two strategies hospitals and health systems can employ to effectively engage physicians in organizational efforts to manage costs of physician preference items.
How CFOs can protect patients and clinicians during the COVID-19 pandemic
Marcus Schabacker, MD, PhD, president and CEO of ECRI, offers advice to healthcare CFOs on how they can help ease the burden on clinicians in the ongoing battle against COVID-19.
Key challenges hospitals must address to improve supply chain team effectiveness
To improve cost performance around physician preference items, hospitals must address challenges posed by the sheer volume of supplies and cost transparency, among others.
How a physician scorecard helps a clinically integrated network drive value
Mary Washington Health Alliance uses a scorecard to rate participating physicians on activities that promote value.
BSW Health: ‘Women Leaders in Medicine’ program prevents burnout
Baylor Scott & White Health has implemented a program to provide support for women physicians with a goal of reducing burnout and preventing attrition.
How pharmacists can play a role in curtailing the rising cost of drug therapy
Evidence shows improved collaboration between clinical pharmacists and prescribing physicians can help mitigate problems with selection, adherence and overutilization of pharmaceuticals, which cost the nation hundreds of billions of dollars each year.
IMPACT: The qualities required to promote engagement in change initiatives in any organization
Philadelphia-based Main Line Health attributes the success of its Performance Excellence 2020 initiative in large part to the conceptual framework it used to design and implement the initiative.
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.
7 keys to engaging physicians for success under BPCI-A
Physician engagement is a critical success factor for health systems that are pursuing bundled payment initiatives.
Physician pay increased but productivity remained stagnant in 2018
Medical specialties saw an increase of 1.9% in median wRVU production over last year’s survey.