Operations & Business Management

Latest Headlines

Latest Headlines

U.S. still spends more than any other country on healthcare

The United States continues to lead the developed world in per-capita healthcare expenditures while trailing other countries in results, according to a new study by the Commonwealth Fund.

3 ways to cut costs like the Cleveland Clinic

Michael O'Connell, vice president of clinical and support services at the Cleveland Clinic, Marymount Hospital, offered 30 cost-saving ideas to attendees of this year's Medical Group Management Association conference. We list three of them. 

VA scandal: Amid budget woes, facilities spent $6.3M on art installations

Amid continual news of slow progress in reforming the embattled Department of Veterans Affairs, critics are scrutinizing the department's spending on artwork on hospital campuses, The Washington Post reports.

Urgent care centers refine demographics, strategies as they grow

The urgent care clinic model continues to grow and evolve within the healthcare industry as centers refine their strategies by looking at the type of care patients want during visits and where they can open to maximize that traffic, according to  MedPageToday.

St. Luke's University Health introduces all-inclusive procedure pricing

St. Luke's University Health, which is headquartered in Bethlehem, Pennsylvania, is providing the pricing primarily for patients with high-deductible insurance plans. The site provides a bundled price, including the cost of the anesthesiologist and any other typical ancillary services. 

Value-based care can pay off--it just takes time

It may take a while, but value-based care can add to a hospital or healthcare system's bottom line. That has been the experience of systems such as Intermountain Health Group and the Mayo Clinic, according to a recent article in the  Harvard Business Review.

PACE could be a template for more ACA changes

A new law that halts expansion of the Affordable Care Act's small-group market shows that it is possible, after all, to make bipartisan changes to the president's signature healthcare law.  

How healthcare providers can make value-based care turn a profit

A  Harvard Business Review  article published this week outlines how providers can prioritize the quality of care while still keeping an eye toward the bottom line. 

Payers, providers push manufacturers toward value-based deals

As the healthcare industry continues to transition to value-based payment models, insurers and hospital groups increasingly want drug and device manufacturers to link their prices to results.  

The impact of hospital closures on their communities

This month, Independence, Kansas' Mercy Hospital announced it will close its doors, making it the 58 th rural facility in America to do so since 2010, leaving the community where it was a longtime institution to reassess its options, the New York Times reports.