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Wharton professor Adam Grant reveals the kind of person who’s really the key to making teams succeed. Employees who tell it like it is without any concern for your feelings might get on your nerves a bit–but they are the most undervalued people in business. That’s according to Adam Grant, author of the book Give […]
Read MoreAs hospitals and health systems strive to succeed in a rapidly changing industry, it’s crucial that they get physicians involved in not only efforts to improve quality of care but also cost reduction, according to Rob Schreiner, MD, managing director at Huron Healthcare, a healthcare management consulting firm. Here are three things to know about […]
Read MoreThe ICD-10 compliance date is finally less than a year away, but healthcare organizations vary in readiness for the transition. Some experts in the healthcare industry think the delays were unnecessary and more harmful that sticking to the original date. Sue Bowman, senior director of coding policy and compliance at the American Health Information Management […]
Read MoreIn the past doctors went to jail and hospitals got fined and their executives maybe fired so it is about time. A push by the U.S. Department of Justice to hold executives accountable for corporate misdeeds could mean an increased focus on prosecuting healthcare executives, the law firm Arent Fox warns. “Although it remains to […]
Read MoreI know this is not specific for our specialty but I wanted to share it with our readers. In the face of continuously changing healthcare reform laws, the increasing need for healthcare as baby boomers reach retirement age, nationwide physician shortages and other factors, the overall demand for physicians is on the rise — but […]
Read MoreIf cost improvement is important, and it is, we need more than just a cost committee to get results The rapidly changing healthcare delivery system and dwindling margins can make the future can look bleak—especially to organizations with eight or nine figure cost reduction targets, which unfortunately, have become the norm. The future looks even […]
Read MoreDespite the mixed results so far of Medicare accountable care organizations (ACOs), a new issue brief from the Navigant Center for HealthCare Research and Policy Analysis concludes that the traditional model is here to stay, although it will continue to evolve. The brief, “The Future of Accountable Care Organizations; How to Create Increased Share Savings […]
Read MoreRising rates of prescription painkiller addiction have led to spikes in claims for drug abuse treatment and renewed emphasis on prevention, according to Healthcare Payer News. Insurer payments for buprenorphine–a drug used to treat opioid addiction–increased by 38 percent per ember per month, according to a study of 12 insurers by the pharmacy benefits manager […]
Read MoreDemonstrating a dramatic move toward value-based payment, 40 percent of insurers’ reimbursements to providers are for value-based care that improves quality and reduces waste–an increase of 29 percent from 2013, according to a new report from Catalyst for Payment Reform. The report, which is a scorecard based on data representing almost 65 percent of commercial […]
Read MoreSixty-one percent of CFOs that self-identified their hospitals as struggling foresee being fired by 2016 because their revenue cycle management, staff and solutions were stuck in fee-for-service mode too long, according to recent Black Book survey results. The CFOs at struggling hospitals identified health IT as the primary reason for their revenue cycle management issues, […]
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