Mergers and Acquisitions: 5 Steps for People Success
Providers nationwide face a harsh reality. Increasing cost of providing care combined with stagnant revenues is forcing all independent hospitals and smaller hospital systems to search for answers on how to remain relevant. This is a common trend in today’s healthcare environment and seems inevitable for the near future. Hospital mergers and acquisitions allow facilities to diversify risk and increase buying power. That, of course, lowers cost. Forget profitability. The main concern I hear when talking to dozens of hospital leaders is keeping their doors open. Ultimately, the choice for many is to merge or be acquired by larger health…
Serving Others: Impacting the Community
When Harmony Healthcare CEO Christian HG Brown envisioned our organization, he saw a problem that he could solve. Brown recognized the importance of the revenue cycle in a continuously shifting healthcare landscape. The desire to help healthcare facilities burdened by the challenges of finding capable leaders, maximizing their revenue and emphasizing population health became his passion. But his passion led him beyond clients and consultants: it focused on impacting the community as well. Empowering people and change Working with healthcare professionals and organizations to help them move past their limitations and to positively influence their professional opportunities meant impacting their…
Clinical Validation: Bridging the Gap Between Coding and CDI
The importance of clinical validation has increased for obvious reasons. With the implementation of electronic medical records (EMRs), hospital and health systems are moving forward with clinical documentation improvement. EMRs have their benefits, but sometimes there are inconsistencies found due to a chronic problem in the provider community: to copy and paste from a previous encounter. How errors impact payers and patients Payers have used clinical validation to deny claims and the numbers have increased post ICD-10. A frequent error found is in patients on chemotherapy. A common side effect in a patient on chemotherapy is pancytopenia, a major comorbid…
