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Finance

3 Big Healthcare Trends To Watch in 2015

July 21, 2015 by Moira O'Connell

Healthcare trends from specialty pharmacy to accreditation have been gaining traction this year in the healthcare world. We have been keeping an eye on three additional healthcare trends that we expect to hugely impact the healthcare industry through the end of the year and continuing on to 2016. From ICD-10 to telehealth, let's explore these important trends and what they mean for healthcare![read more]

Saving Relationship Medicine with Direct Primary Care

July 8, 2015 by Stephen Schimpff

The fundamental problem in health care delivery today is a highly dysfunctional payment system that leads to higher costs, lesser quality and reduced satisfaction. It also means less time between doctor and patient with the loss of “relationship medicine.” The core problem? Price controls and regulations that reduce the trust and core interactions between doctor and patient.[read more]

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A Healthier Conversation

June 17, 2015 by Edgar Wilson

Lawsuits can stem from poor doctor-patient communication. So how will EHRs change the equation--for better or worse?[read more]

How to Grow Your Private Pay and Elective Care Business

June 15, 2015 by Stewart Gandolf, MBA

The rising tide of consumerism in healthcare is challenging for both the patient and the physician. The patient is now the freshly minted and newly empowered customer. For many providers, this unfamiliar landscape presents a new opportunity to engage with patients.[read more]

Hospital Selfies and Stars: Patients Look Deeper Than HCAHPS

June 9, 2015 by Lonnie Hirsch

There’s a New Consumer in your service area. No longer “merely a patient,” healthcare reform and societal dynamics have empowered a new breed of high-expectation consumers and value-aware shoppers. Before they select a hospital or provider—for themselves or family members—they are increasingly informed about outcomes, reputation, safety scores, patient experience and the cost of care.[read more]

Bonuses for Broccoli

June 4, 2015 by Christine Kapsa, NP, DNP

What can be done with the $28.5 billion in bonuses Wall Street employees received last year? How about insurance for over ten million low income Americans? How about stocking the fridges of 4.2 million families with fresh veggies and healthy produce for one year?[read more]

Iowa’s in the National News Right Now, and It’s for a Reason You Wouldn’t Expect

June 3, 2015 by Brad Wright

Iowa wants to hand over control of its Medicaid program to private managed care organizations. The reason that this is such a big deal is because, while Governor Branstad is making bold claims that the move to managed care will save the state $51 million a year, there is little reason to believe that will be the case.[read more]

Sorry, Captain, There's No Transparency in Medical Pricing

June 2, 2015 by David E Williams
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In my view, high deductible plans are a pretty crude instrument to encourage cost consciousness and price transparency. It has no real impact on the way our family uses the insurance. The main impact is that I struggle more to understand the medical bills and EOBs that arrive. Transparency isn’t here yet and even then it will only be part of the answer. Can’t we do better?[read more]

Pay Me or Charge Me: How Best to Engage Me

May 11, 2015 by Joseph Kvedar

patient engagement

We are seriously considering how to incentivize patients to adhere to their care plans. This is a topic area where I have some instincts, but which of these tactics might work best? Charge patients to insure skin in the game? Give them medicine and services for free? Pay them to be adherent?[read more]

Digital Tools to Maximize Your Fundraising Efforts

May 5, 2015 by Michael Sherman

online fundraising

Money is essential in the world of medicine, especially for medical research. While traditional fundraisers, charity dinners and walk-a-thons have always been great tools for generating this much-needed income, health care facilities now have another way of raising funds: the Internet.[read more]

As a Physician Do You Have Adequate Financial Expertise?

April 28, 2015 by Stephen Schimpff

financial expertise / shutterstock

Medical school and residency programs have essentially no time devoted for personal financial education and little if any time for learning the financial implications of starting a medical practice. You are on your own. Your natural mentors – professors, senior residents or senior colleagues in your practice – are probably no better equipped than you.[read more]

Clarifying the ICD-10 Implementation Process

April 27, 2015 by Andy Salmen

CMS recently reported completion of successful end-to-end testing of new ICD-10 coding. This is sure to be a welcome announcement for any healthcare provider who works with Medicare and Medicaid, especially since the October 1st deadline for transitioning from ICD-9 to ICD-10 is rapidly approaching.[read more]