on May 17, 2013 |
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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.
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Three ways to get physicians on board with clinical standards
on April 15, 2013 |
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Topics: Finance, Benefits, Labor Expense, Workforce, Margin Performance
Sarah Gabriel
Over the past seven years, the Cleveland Clinic’s employees have collectively lost 250,000 pounds, lowered their blood pressure, and decreased smoking.
How? The Clinic incented employee participation in wellness programs using tiered insurance premiums and provided a campus to facilitate healthier lifestyles. Since then, they've realized a substantial rebasing of employee benefits costs and a significantly healthier employee population.
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At Cleveland Clinic, incenting healthier employees also facilitates a healthier bottom line
on April 1, 2013 |
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Topics: Finance, ICD-10, Coding, Revenue Cycle, Margin Performance
Sarah Gabriel
A recent survey of health care professionals—administered by Aloft Group—showed that almost three-quarters of the 260 respondents have completed 25% or less of the transition to ICD-10. Of that group, almost half have yet to even begin the transition.
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Survey: Many providers not on track with ICD-10 preparation