1. 5 RCM metrics hospitals should monitor to improve cash flow
Hospitals and health systems should continuously track certain revenue cycle management metrics to help maintain or improve profitability.
2. Financial updates from Kaiser, Mayo Clinic, UMass Memorial & 5 other systems
A roundup of eight hospitals and health systems that recently released their financial statements for either fiscal year 2016 or calendar year 2016.
3. 3 tips to increase patient satisfaction in billing processes
Standardizing a hospital or health system’s billing processes may maintain patient satisfaction and encourage them to continue to seek out an organization’s services.
4. Value doesn’t have to conflict with volume: 3 thoughts from Navvis CEO Mike Farris
Propelled by Medicare initiatives, hospitals and health systems across the nation are increasingly adopting value-based payment models as the industry transitions away from fee-for-service. This has left many provider organizations trying to strike a balance between success under value-based initiatives and the financial strength volume-based growth provides.
5. How ProMedica is improving price transparency
Patients are increasingly demanding upfront cost estimates as they take on more financial responsibility for their care.
More articles on healthcare finance:
Texas hospital files for bankruptcy after $51.4M Aetna loss
Tenet’s net loss balloons to $192M in 2016
Quorum Health reportedly launches investigation into spin-off disclosures
