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Reduced costs for medical services and labor have trimmed the 10-year projected cost of Medicare and Medicaid by $89 billion, the Congressional Budget Office said Wednesday. Medicare spending is projected to drop by $49 billion — or less than 1 percent — from 2015 and 2024, while Medicaid spending is expected to drop by $40 […]
Read MoreWorking around supplier allocations has become a regular part of the job for pharmacists in hospitals and there’s no end in sight to the fluids shortage As flu season looms, materials management and pharmacy teams are anxiously watching their IV fluid supplies. Despite hopes that the months-long saline solution shortage would clear up over the […]
Read MoreManaging denials and taking corrective action as soon as possible saves time and may keep you in business The way your healthcare organization handles denials has a major impact on its bottom line. Most organizations have worklists or queues to work denials. Fewer have comprehensive denial management programs. It’s the difference between “working” denials and […]
Read MoreEvery practice should develop clearly written personnel procedures and policies that address theft It is estimated that approximately one in six physicians will be victims of embezzlement at least once during their lifetime. This may be due to the trusting nature of physicians, a lack of business training about separating duties in transactions involving money, […]
Read MoreEvery workplace seems to have that one employee who is nothing but a perpetual fountain of gripes. It’s tempting to ignore the constant complainer as a crank who can never be satisfied. But sooner or later, the complaints will lead to a confrontation that can seriously undermine a manager’s authority. Clearly this subordinate is challenging […]
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