The crucial importance of effectively managing talent requires organizations to make informed and balanced decisions about innovations that address their immediate workforce needs while also aligning with their long-term goals. Actively engaging in the design process and conducting a thoroughly planned implementation utilizing sound change management protocols will help ensure buy-in, adoption, and success of a strategic initiative such as a managed services program.
This eBook, 2 Keys to Managed Services Program Success, walks you through the high-level concepts for innovation design and the eventual implementation process.
ROI from AI: Unlocking Scarce Capacity in Health Systems
Sponsored by
LeanTaaS
October 3, 2022
Hospital C-Suites/system leaders are under a tremendous amount of pressure to continue serving a growing number of patients in their communities despite staffing shortages and resource constraints. While the pandemic contributed to unforeseen strains on the healthcare system it also amplified, and inspired, the need for innovative solutions to address operational challenges of matching supply and demand that other industries tackled years ago.
So how can healthcare leaders who are charged with “doing more with less" meet these increasingly high demands? The answer lies in leaning into what other resource-intensive industries like airline, package delivery, and rideshare have successfully achieved: adopting machine learning, AI, and predictive and prescriptive analytics to drive operational decisions.
Sounds too good to be true? It's not. Fortunately you can “stand on the shoulders” of your industry peers that have adopted AI:
In operating room operations and generated a $40 million in contribution margin for their health system (which translated into a 10x+ ROI)
In infusion centers that decreased infusion patient wait times by 30%, and delivered an average increase of $20,000/infusion chair per year
In patient flow management, where a health system achieved an 8% decrease in opportunity days, the equivalent to $8 million in ROI during the pandemic
The 3 Steps to Driving Human-Centered Healthcare Experiences
Sponsored by
Qualtrics
October 3, 2022
Amid financial pressures, a changing competitive landscape, and shortages in talent, the healthcare industry has reached a tipping point. Today, leaders are eager to transform experiences, expand market share, and set the standard for healthcare while navigating a convergence of patient consumerism and digital transformation.
In order to meet these modern demands, healthcare organizations must evolve their listening strategies and act with empathy.
In this guide you'll learn:
Three ways to foster human-centered experiences throughout your entire organization
The cost of empathy deficiencies to patients and employees – and how to avoid them
How to leverage real-time data, closed-loop processes, and AI to modernize your experience programs
Real World Evidence Supports the Effectiveness of Antimicrobial Stewardship
Sponsored by
bioMérieux
September 30, 2022
Antimicrobial stewardship initiatives have proven medical and economic benefits. This consolidated review of real-world and scientific evidence details how antimicrobial stewardship initiatives are shown to improve patient outcomes and reduce healthcare costs. Success data from published evaluations highlight the impact that stewardship can have in your health system, including:
Decrease in all-cause mortality rate
Decrease in incidents of C. diff and MRSA infection
Healthcare organizations are feeling the pressure of staffing shortages. There is a strong need to do more with less, and to make the most out of limited resources. The good news is that with the right tools in place, revenue cycle leaders are finding innovative ways to work smarter and focus their attention on higher priority, less manual tasks.
This white paper breaks down the importance of having purpose-built automation in place to streamline processes, simplify cross-training and onboarding efforts, and reduce administrative burden.
Download this content to:
Learn how automation drives efficiency, strengthens employee engagement, and improves the patient financial experience
Discover strategies to implement intelligent automation
Explore where technology allows for faster, fuller payments
Revenue Recovery Strategies for Hospitals and Health Systems
Sponsored by
Inovalon
September 28, 2022
Financial challenges remain a consistent and growing concern for hospitals. These challenges stem from the global pandemic, like a shifting payer mix and a drop in elective procedures. Others have been here all along – complex medical billing rules, changing regulations, and bad debt, just to name a few – but have suddenly come into sharper focus. In this white paper, learn techniques for overcoming old and new revenue challenges by adopting a different perspective on the traditional claim lifecycle.
Conventional strategies for addressing reimbursement shortfalls are reactive: tracking down missing patient information, correcting claims errors post rejection, chasing delinquent self-pay accounts, and so on. A proactive approach that addresses issues before, during, and after a claim, on the other hand, is more effective in capturing revenue; it saves time and requires less labor.
Hospitals large and small are leveraging these strategies to stop revenue leaks, decrease days in A/R, improve cost-to-collect ratios and improve patient satisfaction. Download the white paper now to discover how more robust coverage discovery and eligibility verification solutions can help you preserve financial stability and position your organization for a more secure future.