Introducing StrataJazz OnePlan®
August 25, 2022 by Damian Chipriano, Director of Financial Services at Carilion Clinic Healthcare leaders continue to face new and complex challenges in a constantly evolving landscape...
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Improved Quality of Health Care Does Equate to Lower Costs
November 4, 2016 STANDARD CARE PROTOCOLS WERE OBSERVED TO BE EFFECTIVE IN IMPROVING CARE QUALITY AND REDUCING COST IN A STUDY COMPARING QUALITY AND COST OUTCOMES WITH AND WITHOUT THE...
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Finding the Root Cause of Cost Variation in Care Practices
October 12, 2015 CentraCare’s goal to reduce costs while maintaining quality became a continuous effort, not a one-time initiative. By uncovering variation in physician care, CentraCare...
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Controlling Labor Costs Can Provide Hospitals Financial Stability During Pandemic
June 2, 2020 In the history of America’s healthcare system, there has perhaps been no bigger disruptor to hospital finances than COVID-19, which has strained resources and shut down...
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Addressing the labor shortage crisis by improving the employee experience
January 27, 2023 By Joseph Grimaldi There’s no single solution, but physicians, nurses, and managers all have roles in recruiting and retaining employees. Even as COVID-19 cases begin...
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How Mass General Brigham is Fighting Inflation and Labor Shortages
October 21, 2022 By Amanda Schiavo Hospitals and health systems are under mounting pressure to reduce costs, enhance the labor force, and improve the quality of healthcare services for...
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Pandemic-Driven Deferred Care Has Led to Increased Patient Acuity in America’s Hospitals
August 19, 2022 Rise in patient acuity has been a driver of increases in labor, drug, and supply costs for hospitals creating unsustainable financial challenges. At the outset of the...
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The Importance of Healthcare Decision Planning
Why Healthcare is Unique The healthcare field revolves around one driving force. That is, using the best practice when treating patients to provide the best possible care. In order to...
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COVID-19 Recovery Tactics: Managing Your Labor Expense
June 4, 2020 In this time of unprecedented financial and operational upheaval, health systems will need to ‘look under every rock’ to find opportunities to improve their financial...
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HMFA Webinar – Creating a Real-Time, Data-Centric Culture in Your System
August 24, 2023 In order to optimize staffing with real-time labor data, organizations must equip their leaders with trustworthy data, in the right format, at the right time. This means...
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What is Dynamic Planning and Why Do It?
August 20, 2019 Dynamic Planning is a process that embodies a set of leadership and management principles that allow organizations to maximize their responsiveness to ever-changing...
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A Guide to Activity Based Costing in Healthcare
June 3, 2021 As healthcare organizations across the country transition into COVID-19 recovery, leaders are seeking new and agile ways to drive margin and revenue. Many are turning to...
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