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Showing 37 - 48 of 210 results

Article
Purchased Services Are a Mystery Worth Solving
October 8, 2024

Purchased services represent a significant—but often unknown and overlooked—opportunity for cost savings. Discovering and quantifying the size of this opportunity requires a lot of detective work, bu... read more

Financial sustainability
Supply chain
Article
Parkview Health reviews formulary process, saves millions in non-labor costs amidst rising cost of drugs
September 24, 2024

With a projected 3.81% drug price inflation rate for pharmaceuticals by the Vizient Pharmacy Market Outlook, it's not surprising health system pharmacies are turning to formulary review as a way to m... read more

Pharmacy
Financial sustainability
Article
Making the Most of Financial Planning for Service Lines: Step by Step
September 17, 2024

As organizations increasingly adopt a service line planning model, integrated strategic financial planning is more critical than ever. read more

Profitable growth
Financial sustainability
Article
Preparing for a Timely Basis Swap Execution
September 10, 2024

Favorable execution levels for basis swaps can emerge quickly, and last for a short period of time. Health systems that have laid the groundwork for execution of a basis swap are positioned to prompt... read more

Financial sustainability
Blog
At the Midway Point, Stronger Financial Performance Continues
August 28, 2024

Midway through 2024, we are seeing a sustained trend of stronger performance. Revenue and expense trends and length of stay will be indicators for the months ahead, but for now, good planning and tou... read more

Financial sustainability
Article
Positioning Short-Term Assets in the Current Rate Environment
August 13, 2024

Because it has been so long since we have experienced a rate environment that provides for noticeable earnings, the art of generating excess earnings from cash assets may have gone dormant in the min... read more

Financial sustainability
Article
Re-engaging Hospitalists, Rebuilding Care Teams, and Improving Length of Stay
August 1, 2024

Length of stay affects many elements of a hospital’s financial performance, and it is also a key driver of patient satisfaction. Effective management of length of stay requires consistent leadership,... read more

Quality & clinical operations
Financial sustainability
Blog
Can One Drug Change the Hospital Industry?
July 17, 2024

The new generation of weight-loss drugs has the potential to help reduce prevalence of obesity and Type 2 diabetes, two of the most prevalent chronic conditions. How might that affect hospital operat... read more

Financial sustainability
Profitable growth
Article
Q&A: Achieving quality, cost savings with category management hinges on internal goal alignment
June 27, 2024

Make sure your physicians are key contributors in assessing opportunities and driving the contracting strategy, says Allen Passerallo, VP, category management. read more

Supply chain
Financial sustainability
Blog
The Importance of Humility and a Memorable, Forgettable Rating Meeting
June 18, 2024

Rating meetings should include a meaningful discussion of notable achievements along with a frank, no-spin discussion of the risks the organization is facing. This balance will build credibility with... read more

Financial sustainability
Blog
Steward Files for Bankruptcy and It Feels All Too Familiar
May 23, 2024

Steward Health Care’s recent Chapter 11 bankruptcy filing is one of the largest health system bankruptcies in recent memory. Although Steward is a for-profit system, there are important lessons that ... read more

Financial sustainability
Company
Article
Optimizing 340B Participation Compliantly While “Waiting and Watching” New Developments
May 16, 2024

Hospitals and health systems that participate in the federal 340B Drug Pricing Program are currently facing challenges on multiple fronts, including manufacturer restrictions and program audits, lega... read more

Pharmacy
Quality & clinical operations
Financial sustainability
Supply chain