Report: The Clinical Strategy for Financial Health: Care Redesign & Standardization
With current challenges to reimbursements—including the pending need to bear risk and deliver value-based care, and a payer community that has become more aggressive about claims denial—healthcare leaders are looking for cost containment and revenue cycle to contribute to financial health in more strategic ways. Intelligence Report research results suggest that care redesign and care standardization can lead to increased provider productivity and can help drive waste out of the care delivery system. IT and analytics remain tactical tools to improve revenue cycle results. And with clinical documentation, some are focusing their improvement efforts on the hospital floor, helping the clinical team ensure that services delivered are completely and accurately recorded.
Videocast: HealthLeaders Media 2014 Cost Control & Revenue Cycle Intelligence Survey
The HealthLeaders Media Intelligence Unit surveyed 344 senior healthcare leaders to assess various issues related to strategic cost control and revenue cycle to sustain financial health. Specifically, leaders were asked about: barriers to sustainable cost reductions, contribution margins, activities providing highest cost containment contribution, clinical performance targets as part of cost-containment activity, Revenue cycle optimization processes, IT investment to maximize contribution margin, and several other issues.

In this free videocast, HealthLeaders Media Editorial Director Edward Prewitt reviews the results of this survey and discusses how the data fit into the greater healthcare landscape.

Courtesy of Optum360.

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