Kim Labow, vice president of marketing for ZirMed in Louisville, Ky.: Your own data holds the answers to several key questions you’re asking. For example, you might wonder, what is really driving uncompensated care among my payers — where am I not getting paid for care that I am already providing? You have to analyze your own data to know this. Let’s take Medicare as an example — all reimbursement is based on diagnosis-related group and paid at case rate. CMS will never tell you that a different, more appropriate DRG would get you paid the amount you’re truly owed. That’s why you have to be able to mine the full richness of the data you have — it’s your best tool to be your own best advocate.
More articles on health IT:
EHR physician satisfaction up or down? It depends on the survey
Is strategy guiding your hospital’s technology budget?
13% of healthcare organizations targeted by external cyberattacks at least once a day
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit