Healthcare reform is going to change the payor mix. It's important for providers to create an action plan to better understand who their customers will be, what these customers want and how to deliver outcomes to meet those expectations.
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Marketplace factors and economic forces are coming together to position medical homes at the center of the U.S. healthcare delivery system, creating efficiencies that help produce a healthier population and reduce expenditures to contain costs.
Author Cline Young explains, “…risk that is often overlooked and many times left unmanaged…can leave profits and equity exposed and the very future of the company in jeopardy. This risk is a company’s ability to recruit, retain and reward its executive and management personnel.”
A productive environment for accountable care starts with a comprehensive and robust data warehouse that tracks claims data as well as financial, engagement and quality data.
The annual total cost of risk can be qualified as the sum of predictable loss costs, risk transfer costs, vendor fees, taxes and administration. Do you know your total cost or how to determine it?
An issue of growing concern for hospitals and healthcare providers is duplicate patient records within their Master Patient Index (MPI). This situation increases the risks of poor patient outcomes and medical malpractice liability.
At a metal fabrication company, a group of employees known as “catchers” were incurring significant head and back injuries. To help reduce workers compensation claims and improve safety at the plant, changes had to be implemented immediately.
Pension and Welfare Plan Fiduciary Liability insurance renewals were stable in 2013, and appeared to be the least troublesome of all management liability lines of coverage. While we are not aware of significant claims arising from Defined Contribution plans. This Management Liability Market Update provides an overview of 2013's claims activity and 2014 market forecasts as well as the impact under the Affordable Care Act coverage.
Healthcare Reform Updates for January 9, 2014