NASHVILLE, TENN. (PRWEB) JUNE 05, 2018–As patient financial responsibility climbs and value-based payment models take hold, revenue streams are less predictable for health systems; leaders must rise to the challenge of providing a new standard of care with fewer resources. Jon Melling, a Partner at Pivot Point Consulting, recently shared his thoughts about how organizations can realize these competing goals.
“In the transition from volume to value, expense reduction is the primary lever providers have to counter financial uncertainty,” Melling wrote. “By focusing on the areas of cost management, healthcare organizations can implement an expense reduction strategy that also supports clinical outcome improvements.”
In his blog post, “Three Areas Providers Should Focus on to Maximize Savings and Deliver Quality Care,” Melling recommends leaders prioritize:
- Reducing waste in care delivery
- Providing accurate views of cost at the case level
- Maintaining quality outcomes
Melling’s article explains in more detail how each of these priorities can be accomplished. Read the full article here.
Full press release here>>
