Hospitals across the United States are grappling with the financial balancing act of rising revenues against escalating expenses. According to March data from Strata, there is a nuanced financial landscape for these institutions. In the first quarter of this year, hospitals experienced a slight
How can hospitals transform financial hurdles into growth opportunities? It's a question more relevant than ever as healthcare facilities face significant challenges. Effective pharmacy management could be a pivotal strategy, promising millions in savings and additional revenue streams. But
In recent years, healthcare industry stakeholders have been grappling with the intricate complexities of value-based care models. While much attention is given to care coordination and patient outcomes, a growing trend underscores the importance of revenue cycle management (RCM) as the backbone of
James Maitland, a prominent figure in healthcare technology, brings a wealth of knowledge on robotics and IoT applications that are revolutionizing medical practices. His insights are crucial for understanding how advanced technology intersects with healthcare challenges today, including
In recent years, significant litigation has emerged around Medicare Advantage star ratings, underscoring their crucial role in the healthcare industry. These ratings, which critically influence insurance companies and plan beneficiaries, have seen substantial scrutiny from major insurers
The Ohio High Value Network (OHVN) has recently been launched, signaling a significant move towards sustainable healthcare for rural hospitals in Ohio. This clinically integrated network, comprising 26 hospitals, endeavors to enhance healthcare delivery for 2.5 million patients over 37 Ohio
