When hospitals look at improving their supply chain to save money, it’s no surprise that the first thing they consider is their supply costs — and then try to address workflow efficiencies.
Whether a hospital has 6 or 600 beds, clinicians require the right tools to provide quality patient care. If only it were that simple, right?
Procuring a modern EHR can be complex and costly, pulling on an organization’s resources from all angles — not to mention having to navigate numerous third party products in order to meet all their needs. For smaller healthcare organizations, this can become an especially daunting experience.
Have you listened to the MEDITECH Thought Leader Podcast yet? Tune in as industry leaders from around the world discuss healthcare topics such as big data, home care, population health, revenue cycle, and much more.
Here are four episodes you need to listen to today.
In this installment of our thought leader podcast series, I chat with Kevin Adams, Director of Revenue Cycle, Anderson Regional Medical Center (Meridian, MS) about the challenges and successes of revenue cycle management in healthcare today. During our discussion, Kevin shares insights on different payment and reimbursement models, and how government policies and insurance plans are constantly affecting the financial side of healthcare organizations every day. Kevin also covers how using lean process improvement, technology, and teamwork, resulted in lowering Anderson’s A/R days by 50% and reducing lost revenue by 90%. Listen in as revenue cycle industry expert, Kevin Adams, sheds some light on the past, present, and future of health systems’ financial status.
In early May, the Advisory Board released its Annual CEO Survey of 183 CEO’s about their top concerns for 2017. Interestingly, many of the concerns were related to the subject of Population Health and the healthcare industry’s movement from volume to value. Do any of these results or concerns sound familiar to you or your organization?