With data volumes increasing exponentially, health care can no longer rely on antiquated data presentation tools like spreadsheets and tables. What’s needed are new and creative means of data visualization to help users more effectively determine findings and trends, communicate analytical results, and make better business decisions.
Many questions arise with a merger or affiliation: Will departments and staffs be combined, will there be a consolidation of the systems used, and will there be opportunities to create a shared services model? Ultimately, how do you ensure merger or affiliation success? Here are seven detail-oriented steps to consider.
Is Your Health Care Project Headed for Failure? What to Do About It By Zaida S. Aronovsky & Chet Stagnaro
Just because a major project is treading new ground does not mean it is destined for failure. By knowing the warning signs of a troubled project, you can intervene more quickly and effectively. Based on our more than 45 combined years of experience rescuing faltering projects, here are five of the most common red flags – and what you can do about them.
If you are thinking about a blockchain solution for your organization, it’s good to know which solutions are poised to deliver the greatest return on investment. This article highlights two of the most promising uses of blockchain in decentralized health care: digital distributed transactional ledgers and smart contracts.
While most health care organizations do well updating policies and processes to support cultural transformation, they often struggle with encouraging corresponding staff behaviors to support it. Organizations seeking successful changes to support strategic goals and cultural transformation need behaviors that align with their efforts.
As seen in HealthCare Business Today. Interested in quickly improving the clinical and financial performance of your medical group or practice? It starts by building a more engaging, patient-focused culture in your organization. That’s the key takeaway of a recently released report from the Medical Group Management Association (MGMA), which found that fostering a patient-centric culture...
In years past, health care CEOs and other top executives could typically single-handedly fulfill their designated roles. Today, that is often no longer possible. Increasingly, due to significant business, regulatory and cultural changes and expansions, health care organizations are employing chiefs of staff to support their CEOs and other senior executives on a temporary or even permanent basis.
Knowledge management helps health care organizations of all types and sizes more effectively manage internally and externally generated knowledge, enhance care and customer/patient service.
Once an insurer or hospital has acquired a medical practice, what is next? Acquirers should proactively ensure a seamless integration of services within their new practices. The success of a major medical foundation in acquiring and integrating a pair of specialty physician practices offers six rich lessons other organizations should consider with their integration implementations.
Depending on which types of patients you serve, your health plan audit may be made by many regulatory entities. Your compliance department should be notified when an audit will be conducted. If you do not have a compliance department, your point of contact will typically be in your C-Suite, such as your CEO or CFO.