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Businesses are using analytics to curb losses The Federal Bureau of Investigation estimates that healthcare fraud costs are approximately $80 billion annually. But it could be closer to $700 billion annually if fraud and improper payments are lumped together, said Julie Malida, principal of Health Care Fraud Solutions at SAS Institute Inc. This is 100 […]
Read MorePhysician recruitment is a difficult process for most hospitals and health systems. It requires months of planning and effort to get a physician in the door. So, after all of that work and effort, it is especially painful — and expensive — for the hospital or health system if the physician leaves the position soon […]
Read MoreOperating rooms are one of the most costly areas of hospital operations, and as hospitals face a range of mounting financial pressures, most are reexamining OR operations for any avoidable costs. Despite ORs being such a pillar for hospitals’ profitability, there is little published, formal data on true OR costs. For instance, there are far […]
Read MoreI thought this was interesting so I wanted to share it with our readers. The United States lives to some degree under the specter of the gun, and by extension so do its medical providers. It is a sobering fact but also one that could mean an opportunity for hospitals. There are hundreds of emergency […]
Read MoreNational hospital chain Tenet Healthcare is considering replacing local independent doctor groups with a large national physician staffing company at some or all of its 12 California facilities. Doctors in Orange County and across the state fret that bringing in an entirely new group from out of state to manage three different sets of physicians […]
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