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When work sits idle on an assembly line, manufacturers like Toyota lose money. Healthcare may not be delivered by conveyor belt, but slowdowns in the billing chain can still plug up the process of turning patient care into revenue.

Transforming primary care practices into patient-centered medical homes and achieving PCMH recognition from the National Committee for Quality Assurance is anything but easy. Many months or even years of work can go into the transition process, and the NCQA application…

Mike Buongiorno is CFO of Main Line Health, the parent company of Bryn Mawr (Pa.) Hospital and three other Pennsylvania acute-care hospitals. In his role, Mr. Buongiorno oversees the health system's $1.7 billion in annual revenues.

Reducing expenses continues to be a top priority for hospitals and health systems, and there are several untapped performance areas where hospitals can find millions in cost savings, according to a whitepaper from Huron Healthcare.

Two reports from the HHS Office of Inspector General found that Lahey Hospital & Medical Center in Burlington, Mass., and Somerset (Pa.) Hospital received more than $1 million in cumulative overpayments from the Medicare program.

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