To determine the best contract for your organization, you need to understand the pros, cons and pitfalls. The goal of this article is to educate you on how vendors make their money. You can then use this knowledge to ensure that the income they are making from your organization is appropriate. Many times, I
The conversation continues on FNS Contracts focusing on the cons, from the client's point of view. For additional assistance please call 770-777-6633 Take two minutes to find your Savings Potential. If you'd like to see specifically how your Hospital
An overview of what a FNS Contract includes. In this 10 minute webinar we discuss how a guaranteed per patient day rate contract works; with a focus on pros and cons from the clients perspective. For additional assistance please call 770-777-6633 Take two minutes to find your
Every organization requires a happy, motivated, and engaged workforce to succeed, which is especially true in the healthcare industry. Gallup and Loma Linda University Medical Center conclusively discovered that employee engagement and employee safety work in tandem to significantly enhance patient satisfaction. They also concluded that low levels of employee engagement can have a devastating effect on patient care. In
Wikipedia defines Employee engagement as “a property of the relationship between an organization and its employees. An "engaged employee" is one who is fully absorbed by and enthusiastic about their work and so takes positive action to further the organization's reputation and interests.” Employee Engagement is the model most widely used in today’s industry, charging
Watch this FREE 13 minute webinar to discover several key steps to enhance employee engagement. When employee engagement improves, you also impact your hospital's patient experience, financial performance and staff productivity, health & attitude. Learn more - watch now! For additional assistance please call 770-777-6633 Take two
Declining reimbursements and the turbulent landscape of healthcare reform is forcing hospitals just like yours to scrutinize their spending and look for new ways to cut their hospital food service cost. Most institutions address challenges to their bottom lines by targeting their cost-saving efforts at the top spend categories, such as utilities and medical services.
While it’s virtually impossible to predict the timeline for the transition of healthcare reimbursement from fee-for-service to value based, there is absolute certainty that the impending shift will place significant downward pressure on a provider’s financial performance. Attempts to grow lingering FFS volumes and profits cannot keep pace with the reimbursement shift to value-based reimbursements.
When Centers for Medicare and Medicaid Services introduced the Hospital Value-Based Purchasing Program in FY2013, the direct link between patient experience and hospital financial performance was proven. This program rewards – or penalizes, hospitals based on a combination of core measures, hospital-acquired conditions and the facility’s score on the Hospital Consumer Assessment of Healthcare Providers
No one understands the continuous turmoil of healthcare services better than those who work within the industry. Reimbursement declines, ever-increasing focus on quality, and a steady march toward population health/active consumer participation in health management, healthcare leaders are recognizing the need for culture changes within their organizations. How Does Culture Change Start? Culture change begins