Healthcare Finance News February 20, 2015
An effective transition from the volume-based to value-based model depends on increased integration of clinical and financial initiatives.
Shifting reimbursement models are forcing healthcare CFOs into unchartered territory. Beyond looking at key performance indicators and revenue resulting from patient volume, CFOs must understand the clinical challenges and costs associated with delivering high quality patient care.
Considering a study demonstrating that more than half of organizations that have implemented population health management (PHM) programs have seen a return-on-investment, partnerships with providers are needed now to achieve Triple Aim goals.
Connecting CFOs and clinicians involves understanding how each group’s environment influences decision-making. CFOs use analytics to identify effective care at the most affordable cost. On the other hand, clinicians are coping with...