As the newly-appointed chief population health officer at York, Pa.-based WellSpan Health, Timothy Switaj, MD, is focused on developing a long-term strategy rooted in value-based care.
Strategy
The financial headwinds facing hospitals and health systems today are both persistent and evolving. As labor shortages, rising costs and reimbursement pressures continue to strain operations, health system leaders are increasingly focused on strategies to improve efficiency and remain competitive.…
For optimal profitability, providers must understand the full process of getting paid for the care they deliver — from scheduling to treatment, coding, billing, and reimbursement. Fees per claim, or the costs associated with getting an individual claim paid, is…
Cleveland Clinic has long partnered with health systems around the world, offering access to its expertise in patient care and peer-to-peer reviews of complex cases.
In 2012, Silver Cross Hospital in New Lenox, Ill., performed its first procedure using a da Vinci® robotic surgical system.
Health systems face unprecedented capacity constraints — and outdated capacity management strategies don't help solve this pressing problem.
Membership medicine is both highly successful and lucrative for healthcare organizations.
According to a survey from the Healthcare Financial Management Association (HFMA), 82% of health systems are experiencing higher denial rates from payers compared to the pre-pandemic era. So, what does this and other troubling trends mean for healthcare finance leaders?…
Expanding access to data within a health system can lead to cost savings, reduced dependency on third-party services and greater insight into care quality.
Most narratives about the current healthcare landscape are distressing. Costs are rapidly rising, and reimbursement rates are shrinking. Lawmakers are proposing significant cuts to Medicare. Median supply costs per full-time employee for physician-owned, multispecialty groups increased by 82%1 between 2013-2022.…