on May 17, 2013 |
Permalink
Topics: Margin Performance, Finance, Performance Improvement, Metrics and Analytics, Management Tools, Quality, Appropriateness, Evidence-Based Practice, Methodologies
Cindy Lin
Despite the promises of clinical standardization as "the next frontier" in reducing variation and unnecessary spending, progress has been slow. An industry survey found only a modest increase in the rate at which patients are treated according to guidelines, from 35% in 2006 to 50% in 2011.
To continue to reduce unwarranted variation and ultimately, unnecessary costs, hospitals and health systems must go beyond establishing clinical standards and create protocols that improve compliance.
Continue reading:
Three ways to get physicians on board with clinical standards
on May 10, 2013 |
Permalink
Topics: Coding, Revenue Cycle, Finance
Sarah Gabriel
It’s no secret that clinical documentation improvement (CDI) programs should play an important role as health systems fight to maintain their margins. But our research shows it’s not enough just to check the box: CDI programs vary widely in their effectiveness and revenue impact.
Perhaps the biggest driver of CDI impact is proper staffing—which is also one of the biggest challenges executives share with us.
Continue reading:
Don't be reactive when staffing your CDI program
on May 3, 2013 |
Permalink
Topics: Supply Chain, Finance, Sourcing
Jordan Stone
Many materials management directors and product managers that we’ve spoken with too often fall into the habit of attaching value to vendors based on a single criterion: price.
But price is far from the only input that affects the overall cost and efficiency of a provider sourcing strategy. Holding vendors accountable for performance throughout the supply cycle can potentially drive a six-figure reduction in annual spend. Here’s how one hospital in New Jersey was able to achieve it.
Continue reading:
How one provider extracted half a million in savings from a supply chain scorecard
