Healthcare Connection – Dec. 2, 2014
|I’m pleased to introduce our new and improved e-newsletter. This new, biweekly format should be easier for you to read on any device and aims to provide more frequent analysis and interpretation of emerging trends, business needs, and regulatory developments driving innovation in the healthcare industry. Thanks for reading; I look forward to your feedback.
|– Brian Sanderson,
Managing Principal, Healthcare Services
Eight Risks of the Two-Midnight Rule Every Healthcare Provider Should Know
Since the two-midnight rule went into effect Oct. 1, 2013, as part of the 2014
inpatient prospective payment system final rule, hospitals and providers have
struggled to make sense of the ruling, guidelines, and various interpretations
of the rule. Due to its implementation and interpretation, many hospitals and
health systems have lost millions of dollars in net revenue. Although it might
be impossible to prevent all revenue loss, avoiding eight errors will minimize
the financial impact.
Sustainable Risk Management in
the Ever-Changing Healthcare Arena
organizations began some time ago to factor the coming monumental healthcare
reform into their strategic plans and to establish goals to maintain their
financial viability. To truly thrive, organizations must consider the risks that
threaten the achievement of such objectives. Today’s evolving reform
environment calls for organizations to take a sustainable risk management
approach that involves continually re-evaluating the risks posed by the
changes, developing mitigation strategies, implementing them, and monitoring
and making adjustments as needed.