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There’s good reason why 40% of executives describe themselves as introverts. People often think a big, vibrant personality is needed to succeed in the business world, but that’s simply not true. It’s often the quiet ones who have the loudest minds. 1. They think first. Even in casual conversations, leaders learn by listening. They realize […]
Read MoreA large hospital can rack up $15 million in wasted surgical supplies annually, researchers find. At least some of these materials could be recycled for use in developing countries, they say. It’s not that surprising that millions of dollars in surgical supplies are opened in operating rooms but go unused every year in the average […]
Read MoreBundled payment models —which involve a set price intended to cover each element of clinical care or support for a specific procedure or condition — could prove an effective way for the care providers to contain costs while improving quality. However, some healthcare industry stakeholders have raised concerns about a possible downside to bundling payments: […]
Read MoreHundreds of healthcare providers have contracted companies in the past 2 years that handle all aspects of revenue cycle management. More healthcare providers are outsourcing end-to-end revenue cycle management amid the change to value-based payment models, a new survey shows. Experts predict the market for RCM outsourcing will approach $10 billion by 2016. According to […]
Read MoreInformed Consent Misinterpretations Are Common “If only the doctor had warned me of this terrible complication, I never would have agreed to his treatment.” When a patient has a poor outcome, that statement is typically the basis for a malpractice lawsuit claiming that the physician didn’t provide adequate informed consent before a procedure or treatment. […]
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