Healthcare Revenue Cycle Management, ICD-10, Claims Reimbursement, Medicare, Medicaid

Practice Management News

Gaining Visibility into Healthcare Workforce Management Cuts Costs

April 24, 2018 - If it takes a village to raise a child, then it may take an entire city to operate a health system. From executives and clinicians to IT managers and front desk staff, healthcare workforce management involves hundreds to thousands of employees who all ensure their organization delivers high-value care to every patient who walks through the door. Hospitals employed over 5.1 million individuals...


Healthcare Prices Hit Highest Annual Growth Rate Since Jan 2012


The growth rate for healthcare prices increased 2.2 percent in March 2018 compared to the previous year, representing the greatest annual growth rate since January 2012, revealed the most recent Health Care Price Index from Altarum. Hospital...

Average Physician Compensation Sees Modest Growth in 2018


Physician compensations increased slightly over the past year, with the average annual income increasing from $294,000 in 2017 to $299,000 in 2018, according to most recent Medscape Physician Compensation Report. The survey of 20,000 physicians...

Slowing Employment Key to Reducing Healthcare Costs, Experts Argue


Despite industry-wide efforts to cut spending, healthcare costs are unlikely to decrease unless the industry also reduces the growth in employment, professors from the Geisel School of Medicine, Dartmouth College and Kennedy School of Government,...

RFID, Smart Cabinets Improve Hospital Supply Chain Management


From EHR systems and revenue cycle management tools to data analytics and online patient payment options, hospitals and health systems are on the journey to automating all aspects of the healthcare experience. However, the hospital supply chain...

New Docs Don’t Use Social Media for Healthcare Recruiting, Jobs


While we seemingly cannot avoid Facebook, Twitter, LinkedIn, and other sites, healthcare organizations may want to reconsider using these social media sites for healthcare recruiting and employment opportunities. A recent CompHealth survey of...

AAMC Projects Physician Shortage to Reach 120K Doctors by 2030


Physician demand continues to outpace supply, resulting in a new physician shortage projection of up to 120,000 doctors by 2030, the Association of American Medical Colleges (AAMC) recently reported. The most recent analysis by the Life Science...

Real-Time Insights into Nursing Workflow Maximizes Productivity


An elderly patient presses the nurse call button to get assistance with standing up and using the toilet, while another patient in the next room presses the button to get help with changing the TV channel. Further down the hall, lights turn on...

Healthcare Mergers, Consolidation Increase Patient Safety Risks


Healthcare mergers and acquisitions, institutional affiliations, shared service agreements, and other healthcare consolidation activities may help organizations realize economies of scale and other financial benefits. But a recent JAMA report...

3 Strategies to Decrease Low-Value Care, Healthcare Costs


Low-value care, or care for which the potential harm outweighs the possible benefits or there are little to no benefits, is unnecessarily driving up already high healthcare costs and putting providers at risk under value-based reimbursement models....

Healthcare Fraud Allegations Spur $3.2M Settlement for Providers


A group of five provider organizations specializing in orthopedic surgeries or anesthesiology recently paid $3.2 million to the federal government to resolve healthcare fraud allegations involving kickbacks, the Department of Justice (DoJ) reported....

OR Efficiency, Machine Learning Boosts UCHealth’s Revenue by $10M


Moving from traditional block scheduling for the operating room (OR) to more of a service-based system that used machine learning maximized OR efficiency and increased revenue by $10 million across UCHealth’s University of Colorado Hospital...

Healthcare Mergers, Acquisitions Activity Strong in Q1 of 2018


Healthcare mergers and acquisitions are off to a strong start after ending a record-breaking year in 2017. Merger and acquisition activity was up 13 percent in 2017 compared to the previous year, marking the highest number of recorded healthcare...

CA Sues Sutter Health Over Healthcare Cost, Competition Concerns


California’s Attorney General Xavier Becerra recently announced that the state filed a lawsuit against Sutter Health that accuses the largest health system in Northern California of engaging in anticompetitive behavior that resulted in...

69% of Providers Delayed Care Over Hospital Supply Chain Shortages


A new Cardinal Health survey revealed hospital supply chain shortages are impacting patient care, particularly in the operating room (OR). The survey of over 300 frontline clinicians, operating room supply chain decision-makers, and hospital...

Hospital Care at Home Cuts Healthcare Costs in Half at MA Hospital


Healthcare costs for an acute care episode were 52 percent lower when acutely ill patients received hospital care at home, rather than being placed in a hospital bed, according to a recent study in the Journal of General Internal Medicine. The...

Data Analytics Top Healthcare Supply Chain Priority in 2018


Harnessing the power of data analytics to inform decision-making continues to be the number one healthcare supply chain outcome provider organizations hope to achieve in 2018, a recent Global Healthcare Exchange (GHX) survey found. The survey...

Oncologists Charge 9 to 51% More for Physician-Administered Drugs


Median charges for physician-administered drugs covered under Medicare Part B were 9 to 51 percent higher at the oncologist than other specialty offices, researchers from Memorial Sloan Kettering Cancer Center and Johns Hopkins University recently...

Transforming the Hospital Laboratory into a Profit Center


Hospital and health system executives are missing an opportunity to maximize revenue cycle and operational success by viewing the hospital laboratory as a cost, rather than profit, center, explained Charles Wilson, MHA, Vice President of Operations...

Price Transparency Crucial to Healthcare Consumerism Success


Providers should brace their practices for the rise and permanence of healthcare consumerism, a new brief from Rice University’s Baker Institute for Public Policy stated. Healthcare consumers are expecting their experiences with providers...

Become a member

Complete your profile below to access this resource.

Thanks for subscribing to our newsletter. Please fill out the form below to become a member and gain access to our resources.

Reset your password

Enter your email address to receive a link to reset your password


Join 30,000 of your peers and get free access to all webcasts and exclusive content

Sign up for our free newsletter:

Our privacy policy

no, thanks

Continue to site...