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Popular Articles
Patient satisfaction costly, but maybe not so healthy
Half of Brooklyn hospitals on life support
CMS to introduce new fraud-fighting tools
Taming the Revenue Cycle Beast
Hospitals flout charity aid law
Vendor Management Moves to Next Generation
Study Finds New York Hospitals Flout Charity Rules
5 Common Hospital Problems — and Suggestions for How to Fix Them
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Articles in category: Editors Choice
Bigger hospitals drive cost increases
Explore healthleadersmedia.com (May 8 2012) Editors Choice , Accountable Care Organizations , Cost Containment , Cost Reduction
A study in the May edition of Health Affairs finds that hospitals' power to win steep payment increases—and insurers' relative inability to resist—varies quite a bit from one market to another and from one kind of hospital or hospital network to another. Reputation, location and the type of medical services provided play a role. The trend began well before the health law was passed. And the article doesn't attempt to resolve the dispute in health policy circles over whether new models in the health law, like accountable care organizations, will pave the way for high quality and efficiency or lead to new hospital-dominated monopolies as the leading hospitals absorb physician practices and smaller health centers and increase their clout.
(Read Full Article)
3 ways to prevent costly claims denials | Healthcare Finance News
Explore Healthcare Finance News (Mar 26 2012) Editors Choice , Business Process Improvement , Payment Models
NEW GLOUCESTER, ME – On average, roughly 10 percent of all healthcare claims are initially denied and require additional work on the part of the provider to secure payment, adding substantial personnel time and cost to the reimbursement process.
(Read Full Article)
Comment Mentions: Crowe Horwath LLP
Study Finds New York Hospitals Flout Charity Rules
Explore myaccount.nytimes.com (Feb 14 2012) Charity in Focus , Editors Choice , Feature Story
A report says most New York medical centers are violating state rules curbing aggressive debt collections against people who cannot pay.
(Read Full Article)
The road to quality in healthcare
Explore Healthcare Finance News (Feb 14 2012) Editors Choice , Feature Story , Cost Reduction , Quality Improvement
UnitedHealth recently announced it will become the latest insurer to overhaul the way it pays medical providers. UnitedHealth is targeting the traditional system that pays hospitals and doctors for each service provided. Under the new plan the carrier is rolling out, part of medical providers' compensation could be tied to goals such as avoiding hospital readmissions and ensuring patients get recommended screenings. Election Feature Content: No Feature No sticky read more
(Read Full Article)
Patient satisfaction costly, but maybe not so healthy
Explore healthleadersmedia.com (Feb 14 2012) Editors Choice , Feature Story , Cost Containment , Cost Reduction
A satisfied patient is not a cheaper patient: however important such a finding may be in these budget-constrained times, that comes as little surprise. More unexpected is the finding that a satisfied patient is not necessarily a healthier patient—that the patient happy with the medical attention he or she receives from a physician is more likely to die than the patient who grumbles about it. Yet both findings emerge from a study published "online first" on Monday in the Archives of Internal Medicine.
(Read Full Article)
Hospitals flout charity aid law
Explore healthleadersmedia.com (Feb 13 2012) Editors Choice , Feature Story , Collections , Community Benefit , Cost Reduction , Debt Management , Improving Collections , Patient Friendly Billing , Revenue Cycle , Vendor Management
New York's charity care system, partly financed by an 8.95 percent surcharge on hospital bills, is one of the most complicated in the nation, but many states have wrestled with aggressive debt collection by hospitals in recent years. Like New York, several passed laws curbing hospitals' pursuit of unpaid bills, including Illinois, California and Minnesota. But a new study of New York hospitals' practices and state records finds that most medical centers are violating the rules without consequences, even as the state government ignores glaring problems in the hospitals' own reports.
(Read Full Article)
How One Hospital Reduced Its Readmission Rate - Health Blog - WSJ
Explore WSJ Blogs (Sep 28 2011) Editors Choice
Northwestern Memorial Hospital saw its medical readmission rate fall to 16.7% from 19.9%.
(Read Full Article)
Comment Mentions: Health Blog Laura Landro
Growing Size And Wealth Of Children's Hospitals Fueling Questions About Spending
Explore Kaiser Health News (Sep 27 2011) Editors Choice , Cost Containment
Rising from a 60-acre field of old cypress swamp and cattle pasture near the Orlando airport, the 7-story Nemours Children’s Hospital will be a monument to “best-in-class” care, its leaders boast. That may be the case. But at a cost of about $400 million, the equivalent of $4.2-million for each of its 95 beds, Nemours will also rank among the more expensive children’s hospitals ever built when it is completed next year. Some people believe construction never should have begun. Florida health pla (Read Full Article)
Comment Mentions: American Hospital Association
Only 15 percent of healthcare execs "very familiar" with ACOs
Explore Healthcare Payer News (Sep 26 2011) Editors Choice , Accountable Care Organizations
The 2011 Accountable Care Organization (ACO) Readiness Study released recently by Beacon Partners shows that only 15 percent of healthcare executives are “very familiar” with ACOs. Nonetheless, more than half surveyed said they are moving ahead with plans for ACOs. (Read Full Article)
3 Ways Tech Can Help Hospitals Collect
Explore healthleadersmedia.com (Sep 22 2011) Editors Choice , Collections , Improving Collections , Point-of-Service Collections , Revenue Cycle
The way Americans pay for healthcare services is changing—and as a result healthcare providers will be forced to take on new or expanded roles a (Read Full Article)
The New Rules of Revenue Cycle: Adapting in an Era of Change
Explore healthleadersmedia.com (Sep 22 2011) Editors Choice , Collections , Revenue Cycle
The way Americans pay for healthcare services is changing—and so are their interactions with providers. (Read Full Article)
CFOs’ Leadership Role, Often Overlooked, Gets Some Sunshine
Explore healthleadersmedia.com (Sep 21 2011) Editors Choice
We’re bringing 30 of the best and brightest healthcare CFOs together to an invitation-only retreat in Southern California next month for two day
(Read Full Article)
Dr. Wes: When the Electronic Medical Record Died
Explore Dr. Wes (Sep 20 2011) Editors Choice , Meaningful Use
Musings in the life of an internist, cardiologist and cardiac electrophysiologist. (Read Full Article)
By focusing on prevention, Kansas City employers saved 11 million dollars in health care costs | Health, Medical, and Science Updates
Explore Health, Medical, and Science Updates (Sep 15 2011) Editors Choice , Cost Reduction
A group of employers that participated in the Kansas City Collaborative (KC2) announced they successfully avoided almost $11 million in direct health care costs by implementing a value based benefits project. (Read Full Article)
Less is more: top-performing hospitals spend less on pharmacy and supplies
Explore Health Populi (Sep 12 2011) Editors Choice , Accountable Care Organizations , Cost Reduction
in Accountable Care Organizations, Affordable Care Act, Hospitals, Medical innovation, Medicare, Pharmaceutical, Pharmacy, Supply chain, Telehealth, Telemedicine
(Read Full Article)
Comment Mentions: World Health Organization Health Populi
Medicare cuts to cost hospitals $41B in next decade
Explore fiercehealthcare.com (Sep 12 2011) Editors Choice , Cost Containment
The projected 2 percent cuts to Medicare could cost hospitals $41 billion over the next 10 years, according to consulting firm Tripp Umbach. In addition, the report (.pdf) indicates budget cuts would Read more... (Read Full Article)
Hospital prices lowered with health plan consolidation
Explore fiercehealthcare.com (Sep 9 2011) Editors Choice , Cost Reduction
As anti-monopoly critics feared, hospital market concentration leads to higher hospital prices, according to a new study published in Health Affairs. (Read Full Article)
Realizing Health Reform's Potential—When Unemployed Means Uninsured: The Toll of Job Loss on Health Coverage, and How the Affordable Care Act Will Help
Explore The Commonwealth Fund (Sep 6 2011) Consumer Impact , Editors Choice , Policy , The Fundamentals: Facts and Research , Accountable Care Organizations
In this period of chronically high unemployment, millions of Americans are losing their health insurance coverage along with their jobs. A Commonwealth Fund brief finds that unemployed workers have few affordable coverage options. While the Affordable Care Act will provide new options, extending subsidies for COBRA would further protect unemployed workers, the authors say. (Read Full Article)
Comment Mentions: Realizing Health Reform
Patients who bill their doctor for being late
Explore kevinmd.com (Sep 6 2011) Editors Choice
Central to medicine is a sacred covenant built on mutual trust, respect, and integrity. What happens when physicians fall into self-pity? (Read Full Article)
Why Cost Cutting Doesn’t Work – And What Will Work
Explore The Health Care Blog (Aug 24 2011) Editors Choice , Accountable Care Organizations
Cutting costs does not cut costs. If we hope to steer health care toward a better cheaper future, we have to wrap our minds around this conundrum: Slashing spending does not necessarily improve the bottom line. (Read Full Article)
Comment Mentions: World Health Organization Joe Flower
What's charitable care? - chicagotribune.com
Explore Chicago Tribune (Aug 22 2011) Editors Choice , Charity , Community Benefit , Cost Reduction
Three Illinois hospitals got some bad news last week: A big tax bill's coming.
The Illinois Department of Revenue took away the property-tax exemption enjoyed by the three not-for-profit health centers: Northwestern Memorial Hospital's Prentice Women's Hospital, Edward Hospital in Naperville and Decatur Memorial Hospital in Decatur.
(Read Full Article)
Comment Mentions: Provena Provena Covenant Medical Center
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