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- "New New" Things for Revenue-Cycle Improvement
- The paper outlines that to achieve long-term, sustainable accounts-receivables reduction and commensurate bad-debt and allowance gains, healthcare organizations should follow the three-step revenue-cycle improvement process and then selectively implement next-generation technology to achieve optimal performance. To capitalize on the capabilities of this technology, revenue-cycle leaders should allow certain steps mentioned...
- White papers
- Improving Cash Flow With Better Charge Capture and Denial Management
- Hospitals across the country lose multiple millions of dollars every year due to mismanagement of the billing process. The reasons range from inaccurate charging, such as undercharging for a service or procedure, to sending out claims that are for various reasons deemed inaccurate by the insurance carrier and therefore denied....
- White papers 2005-10-01
- Today's Charity Care Challenges: What Should You Be Doing?
- As part of their mission, hospitals typically provide a significant amount of free or discounted care. On average, it is estimated that they devote approximately 5 percent of net operating income to charity care. And depending on the organizations' patient mix, some offer a substantially higher amount. In the end,...
- White papers 2005-10-01
- Revenue Cycle Upgrades: Increase Cash Flow and Lower Expenses
- This paper presents thoughts on the methods for achieving better cash flow and lowering costs in hospitals and health systems. Hospitals that have succeeded in attacking revenue cycle inefficiencies tell of cash influxes of seven figures or more. Significant improvements require significant investments - in training, IT, restructuring, and staff...
- White papers 2005-06-13
- Performance Strategies: Lost Time Is Lost Money
- Lost time in the healthcare industry affects both costs and revenue. A hospital with 5,000 employees will lose about 17,000 work days to short-term disability each year, according to a 2004 UnumProvident healthcare industry report that examined the average incidence and duration of lost-time claims. This work loss equates to...
- White papers 2005-06-01
- Are You Leading With Purpose?
- This article explores how purpose-driven leaders find fulfillment in providing service to others. The article explains how purpose-driven leaders identify their challenges and are alert to convert these challenges into opportunities. It shows how this type of leaders prepare thoroughly and do their homework and are willing to take action...
- White papers 2005-02-01
- Strategic Price Setting: Ensuring Your Financial Viability Through Price Modeling
- No one yet has figured out a formula or come up with a chart to tell hospitals when and how much to change their pricing. Tools that take the guesswork out of this essential but complicated task would be worth their weight in-well, increased revenues. Without such tools, hospitals have...
- White papers 2004-06-01
- Stop the Paper Chase! Document Management for Today's Hospitals
- Every day, hospitals face a tremendous irony: using the latest technology to diagnose and care for patients and then using the most archaic modes?filling out forms manually, sending faxes, copying and filing millions of paper forms each year?to get reimbursed. So, it's not much of a surprise that hospitals have...
- White papers 2004-05-14
Additional Resources
- Investing in Both Medical and Information Technology to Remain Competitive
- Hospitals are currently facing numerous challenges coming from many different directions. In addition to the accelerating pace of technological advances, hospitals must also address many competing priorities, including staffing shortages, government mandates and regulations, increasing consumer demands, quality and safety initiatives, declining reimbursements, and deteriorating facilities. Most of these challenges...
- White papers 2004-06-29
- Healthcare Performance Management Solutions: An Overview
- The Healthcare Management Insight web site is dedicated to providing practitioners in the field with current information on healthcare performance management solutions and to reporting on projects that have successfully used analytical applications to improve healthcare operations. This overview provides a brief look at the range of applications that will...
- White papers 2004-08-18
- Home Healthcare Electronics: Consumers Are Ready, Willing, and Able
- Consumers have welcomed electronic devices into their homes for decades - from radios to TV's to coffee makers. Defining the future, not to mention the nature, of home healthcare electronics is complex because they stand at the intersection of two major trends in medicine: home healthcare and telemedicine. The American...
- White papers 2002-09-01
- An Insight Into the US Healthcare System
- The importance of the US healthcare market in terms of size and growth potential generates a huge amount of interest among healthcare professionals the world over. The US healthcare system manages the largest healthcare market in the world - in 2001 it grew to $1.5 trillion, and is forecast to...
- White papers 2003-03-14
- Enterprise Management and Support in the Healthcare Industry
- Healthcare facilities worldwide are struggling to adapt to a new market environment that demands intense focus on measuring and managing costs. For example, healthcare policies and reimbursement systems are changing dramatically as countries attempt to control rapidly escalating healthcare expenses. The paper reveals that ERP is a key element of...
- White papers 2005-01-13
- Predictive Risk Modeling in the Healthcare Industry: The Needs-Awareness Gap Among Healthcare Payers
- This report discusses the results from a study jointly commissioned by ViPSSM, Inc. and Integrated Healthcare Information Services, Inc. (IHCIS) to map the interest in and knowledge of Predictive Risk Modeling (PRM) among senior management at industry-leading healthcare payer organizations. The research finds that managers at these major healthcare payer...
- White papers
- Six Sigma in Healthcare
- As the healthcare industry grapples with financial pressures, limited resources, changing regulations, personnel shortages, the public’s increased attention to quality of care, and other challenges, many organizations have found hope from an unexpected source Six Sigma. This article offer an overview of Six Sigma, also referred to as Process Excellence,...
- White papers 2002-11-01
- Do or Die - The Challenges of Managing Information Systems for Healthcare Services
- A growing number of healthcare providers are using system and network management software to manage their computing environments. In 2002, the North American healthcare industry spent $411 million on this type of software, and this figure is expected to increase to $619 million by 2007. The rapid growth of IT...
- White papers 2004-04-02
- Tide Rises on Pay for Performance With Voluntary Reporting Initiative
- The era of reporting hospital performance to the public and tying payment to quality is now a reality. In 2003, the American Hospital Association, the Federation of American Hospitals, and the Association of American Medical Colleges launched a national voluntary reporting initiative to make critical information about hospital performance accessible...
- White papers 2004-03-01
- Cerner and IBM Solutions for Healthcare Providers
- Although delivering first-rate patient care tops every health organization's objectives, financial viability is as crucial in healthcare as it is in any other business field. To complicate matters, the healthcare industry is besieged by such requirements as improving patient safety, managing voluminous amounts of clinical data and meeting consumers' expectations...
- White papers 2004-09-17
- Modernising Healthcare Systems the Role of Information Technology
- The evolution of healthcare systems leads to genuine networking between different hospital information systems in order to facilitate exchanges of information and cooperation between healthcare professionals. Thanks to completely secure medical data-sharing and appropriate management tools, information technology is one of the main enablers of this evolutionary process. This paper...
- White papers 2005-06-01
- Taking Your Value Management Performance To The Next Level Of Maturity!
- From the executive summary: ‘The dynamics of value management in the healthcare industry has radically changed over the last decade. Researches show that how healthcare organizations have moved from Sole Practitioner to Value Teams to determine the relative worth of products, services, and technology purchases. Yet, with few exceptions, hospitals...
- White papers 2003-07-09
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