A recent study showed that for the 10th year in a row, financial challenges are #1 on hospital CEO's list of concerns. More than healthcare reform, government mandates, and patient safety, the constant battle to be financially stable is the what keeps the healthcare C-suite up at night. So what factors are contributing the the financial worries? Let's take a look.
In order for hospitals to be successful in 2015, there are a few very important issues that need to be addressed. Today, we'll address 5 of the most pressing issues that will help hospitals overcome the obstacles to success.
You've probably heard people talking about wearable tech--whether it's a new smart watch, Google Glass, etc. It's becoming increasingly popular, and more and more industries are preparing for this next wave of technological advancement. But where is wearable tech's place in the healthcare environment? Today, we'll look at just a few ways we're seeing a positive impact from wearable tech in healthcare.
When it comes to hospital and health system revenue cycles, there are many strategies you can approach to help put things on a positive trajectory. Whether they are changes small or large, they all impact the organization's financial standing. But today, we've pulled together only the very best tips for increasing profitability.
The Centers for Medicare and Medicaid issued a report covering the trajectory of healthcare expenditures in the United States and found that in 2013, spending only went up by 3.6 percent. With a heavily conservative Congress, it seems likely that the dismantling of the Affordable Care Act may be on top of the Congressional to do list. While the spending increase has been consistent over the last several years, it has also been relatively slow; the data doesn’t suggest an enormous, irreversible spike initiated by the ACA. However, the slow-creep of rising expenditures is still troubling.
With so much of our personal data floating around the digital world, it is important to be able to protect it from cyber threats. Here are 8 simple steps to keeping your patients data secure.
The history of healthcare informatics goes back decades- did you know it all began in the 1940s? In fact, it began in Germany with a doctor named Gustav Wagner who formed the German Society for Medical Documentation, Computer Science and Statistics - the world’s very first professional organization of this nature. It’s his work that laid the groundwork for major informatic milestones throughout the next few decades up until the present day. Check out the infographic below from Adelphi University for the complete story.
Imagine if your doctor could see your credit card transactions. They’d know when you were going out to eat, skipping out on your gym membership, going out for a night on the town - you name it, they’d know it.
When it comes to assessing healthcare quality, we’ve already talked about the trouble with defining ‘quality’, the patient’s perspective and touched on the value of HCAHPS data. The final piece of the puzzle is how do healthcare organizations, hospitals and providers use the HCAHPS data to improve their outcomes?