News and Insights

Financial Viability and Cost Improvement

The Role of Finance in Managing Variation in Clinical Cost and Quality

hfm Magazine

As a response to mounting healthcare costs and concerns about the quality of the care those dollars are buying, payers increasingly are exploring ways to bend the cost curve and improve quality to yield greater value. For healthcare delivery organizations in this environment, strategic alignment with clinicians has never been…

The Silver Tsunami

Physician Leadership Journal

There is a looming population group poised to impact the US healthcare system with a voracious appetite for healthcare. The group has been dubbed the ‘silver tsunami’– a name that our research shows first appeared in a 2002 paper by University of Nevada, Reno professor Mary Finn Maples. So how…

How to Address Cost Outliers

hfm Magazine

The spiraling costs of healthcare in the U.S. have precipitated a tangible backlash — as demonstrated by the passage of the Patient Protection and Affordable Care Act in 2010 — that suggests that demands for better care at lower cost are not simply going to go away. In light of…

Improving the Bottom Line: Prioritizing Cost and Quality Initiatives

Numerof Brief

Imagine the following case… The executive team is meeting to decide which cost reduction projects to fund.  Each has a supporting “business case”, but everyone knows the numbers are soft.  Comparing financial impact across projects is difficult, and debates about assumptions and scenarios to test lead to months spent on…

Improving Margins: New Approaches to an Old Problem

Trustee Magazine

The U.S. healthcare industry is currently undergoing what will ultimately be a radical transformation, driven by unsustainable cost increases, increased regulation, and shifting power relationships among payers, providers, physicians, and patients.  We have reached the point where all four of these key constituent groups have significant economic concerns — providers…