The initial issues of this blog will lay a foundation of understanding that will allow us to do a deeper dive into the healthcare-related issues of today and future issues and trends, in order to better position you and your organization to become Winners in the World of Healthcare.
It’s the most wonderful time of the year! Or is it? The holidays are supposed to be about coming together, spending time with loved ones, spreading joy and cheer and just being thankful and happy. But, for many of us, the holidays mean increased stress levels, holiday blues, or depression as the pressures of the season are just too overwhelming.
If you think managing the healthcare revenue cycle is challenging now, brace yourself because there are several forces that are likely to drive more complication and complexity into the revenue cycle. Recent analyses of hospital finances are painting a complex picture – Medicare spending cuts, declining service volumes, rising costs, a shrinking payer mix, underutilized technology and [...]
With Election Day behind us and the upcoming Presidential election in 2020, Medicare for All is one hot topic. Wherever you stand politically, I think we can all agree that dealing with Medicare claims can be challenging for a myriad of reasons. Right off the bat, Medicare pays hospitals about 40% less than private insurance for inpatient services and doctors about 30% less for their services. [...]
By definition, consumerism is a social and economic order that encourages the acquisition of goods and services in ever-increasing amounts. In an abstract sense, it is the consideration that the free choice of consumers should strongly direct the choice of what is available and how, which then directs the economic organization of a society.1