Cutting costs in healthcare organizations often requires standardization and collaboration, tasks that are far easier said than done at large systems such as Kaiser Permanente, Providence Health & Services or Ascension Health.
Reference pricing--the setting of hard payment caps on procedures--saved the California Public Employees Retirement System $5.5 million in the past couple of years on hip and knee replacements surgeries, Health Data Management reported.
Hospitals added no new jobs in 2013, although the healthcare sector as a whole grew by 204,000 jobs and makes up more than 10 percent to total employment nationwide as of February, according to a labor brief from Altarum Institute's Center for Sustainable Health Spending.
The economy could be the reason many North Americans and Europeans--most notably Americans--are more reluctant to get routine medical care, according to research published in Social Science Quarterly.
The healthcare industry's intense focus on delivering better care at lower costs has started a national conversation about how payment reform, new delivery models and health IT can help achieve those shared goals. And healthcare leaders have a lot to say. The editors at FierceHealthcare, FierceHealthFinance and FierceHealthIT combed through our exclusive interviews and industry conference coverage to round up 7 of the most thought-provoking and memorable quotes from healthcare thought leaders.
Medical practice executives are deeply worried about the anticipated cost, loss of productivity and clinical documentation changes for ICD-10 conversion, finds a new study from the Medical Group Management Association (MGMA).
In part 2 of this exclusive interview with Brent Grimes, administrative director of patient account services at Integris Health, he discusses how the integrated hospital system is preparing for ICD-10 implementation and how to manage through uncertainty.
Health IT companies raised a record $493 million in venture capital during the first quarter of 2013, with 104 deals completed, according to a new report released this week by Mercom Capital Group.
In this exclusive interview, Brent Grimes, administrative director of patient account services at Integris Health, tells FierceHealthFinance how Integris is using data analytics to weather shrinking reimbursements and inform its collections strategy.
Hospitals ordering through distributors save time and money compared to orders directly from a manufacturer, concludes a study by PriceWaterhouseCoopers.