With the Affordable Care Law now the law of the land, a value-based healthcare regime where clinics are recompensed for keeping patients well, for being effective and cost aware is the path we are on. Visit us http://www.medicalbillingstar.com/medical-billing.html
Five strategies that hospital CFO’s will hold physicians during 2013
1. Five Strategies that Hospital CFO’s
will hold Physicians in Good Stead
This Year !
Presented by
MedicalBillingStar
2. With the Affordable Care Law now the law of the land, a value-
based healthcare regime where clinics are recompensed for
keeping patients well, for being effective and cost aware is the
path we are on.
Instead of growing misty for an calmer time, never a technique
for success, hospitals need to review their operations, both
clinical and business.
3. Determinations that Hospital Ready
to Protect their Future in 2013 !
suspicionsome risk.
Get over the distrust of payers and take
Associate with physicians.
Use technology learnedly and not just to roll out EMRs.
Reform the clinical care practice.
Hire new talent to develop up a Various capability.
4. 1. Get over the distrust of payers and
take some risk.
Payer/provider negotiation and integration is a trend that is becoming a
existence around the healthcare world .
Clinics need to share the risk , both upside and downside ; that is what the
whole accountable care movement is all about.
5. 2. Associate with physicians.
Hospitals have been getting physicians groups as they grasped
that the reimbursement system is moving away from periodic
care to paying for care across the range before patients come to
the hospital and after they leave.
That makes working more closely with primary physicians
critical.
Hospitals may take a page out of the trial program that
integrated health system HealthPartners conducted in 2011 to
reduce ER admissions and hospital readmissions.
6. 3. Use technology learnedly and not
just to roll out EMRs.
When it comes to healthcare technology, nothing has become
more awareness than electronic medical records for which the
American Recovery and Reinvestment Act put aside nearly $20
billion.
For instance, Appointment scheduling software that provides
real time insight into staffing needs of a hospital or other care
provider and can reduce overtime costs.
7. Solutions
Their solution is a great instance of clinical decision support
systems/supply chain/supplier interaction that works, all
powered by IT
8. 4.Reform the clinical care practice.
To do so, hospitals and health systems need to adopt
Six Sigma principles.
9. Flexible scheduling in the emergency room is one method of
revamping the clinical care flow.
Another instance comes from the Mayo Clinic, which has trailed
with having a doctor visit at least one older patient at his
home, given a history of retrieving care in the most affluent
manner at the emergency room.
10. 5. Hire new talent to develop up a
Various capability.
If hospitals take more risk, they need to hire new talent
especially people expert at prognostic exhibiting and
actuarial tasks.
Generally, these types of people are found more on the
payer side. Now hospitals can influence their affairs with
payers to access that talent.
11. Billing Office
There have to be people within hospitals and health systems
who understand that language.
And with the advent of big data, reading it, champing it and
analysing it to answer significant queries means that hospitals
need to create and fill data analysis positions.
As these jobs gain in prominence, one department in particular
will need to transform completely to be applicable in the future -
the billing Company.
12. Thank you
Drop your queries on
Five Strategies that Hospital CFO’s will hold Physicians
in Good Stead This Year !
by visiting www.medicalbillingstar.com
Mail us to info@medicalbillingstar.com