Here are five articles published by Becker's Hospital Review this week that offer insight on hospital bad debt, risk management and more.
1. Top priorities for hospital CFOs today
Declining reimbursements, high deductible health plans and uncertainty from government payers are the key issues keeping hospital and health system CFOs across the country up at night. But many are developing innovative ways to address these issues with population health and wast-eliminating strategies.
2. Hospital bad debt: 10 trends to know
With the increasing popularity of high-deductible health plans, hospitals and health systems are struggling to recover payment from patients. This leaves many healthcare organizations with debt they won't be able to recuperate.
3. 7 thoughts on what's next and best in healthcare finance
Hospitals and health systems are looking at key strategies to transform their institutions in the future.
4. How hospitals can use data analytics to proactively manage risk
Hospitals and health systems across the nation are working to improve their balance sheets and achieve financial sustainability as they adapt to seismic changes in the industry. To achieve this goal, many provider organizations are increasing their focus on risk management and using technology to make improvements in this area.
5. Study: High price not necessarily indicative of better quality for outpatient services
High prices for outpatient services at physician practices do not necessarily guarantee better care quality and efficiency, suggests a study published in Health Affairs.
More articles on healthcare finance:
Tenet sees net loss narrow to $53M, inks deal to sell 3 hospitals to HCA
OIG: Mount Sinai Hospital overbilled Medicare by $41.9M
LifePoint eyes new acquisitions as profit rises