Futureproofing: The Key to LTACHs and Coordinated Care

In my previous blog, I discussed how LTACHs have been slow to improve care coordination and reduce readmissions. I said that only aggressive action towards in-house care coordination could ensure the long-term survival of your business while significantly improving outcomes for your patients.

But what, really, is care coordination? And how do you achieve it? Read more

What Should Clinicians Look for When Evaluating an EHR?

Selecting an electronic health technology is usually the purview of the business office, with the C-suite typically making final the decision after consulting with various facility stakeholders. The business office will prioritize the quality of the revenue cycle management tool, while clinical staff will be focused on ease of use and a short learning curve. Given the direct effects an EHR can have on patient care, the needs of clinical staff – physicians, nurses, techs, etc. – should play an important role in this decision making process. Read more

3 Unexpected Ways Improving Your RCM Practices Could Improve Hospital Performance

I’ve already discussed the wealth of information to be found in medicine’s oft-forgotten business offices, but today I want to focus on the RCM team specifically. I’d like to go out on a limb and assert that your revenue cycle team may even be the key to improving your hospital’s overall performance.

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Why (And How) Doctors Should Build Relationships With Data Analysts

A doctor’s job isn’t easy. And with the ongoing shift towards value-based care, it’s only getting harder.

Doctors are rigorously trained to treat individuals, committing decades of their life – not to mention hundreds of thousands of dollars – to their education and practice. The advent of value-based care, however, is forcing many to acquire an entirely new set of skills, or risk being excluded from the transition altogether. Read more

Futureproofing: How LTACHs Can Survive and Even Thrive After Medicare Reform

Medicare accounts for an increasingly large portion of all long-term acute care hospital (LTACH) discharges, with current estimates indicating that approximately two thirds of all LTACH discharges are Medicare discharges. Between 2004 and 2013, Medicare spending on patients in LTACHs increased from $3.7 billion to $5.5 billion. Read more