Reining in Hospital Supply Costs and Physician Preference Item Spending

Guest post by Definitive Healthcare Supply costs are a primary target of healthcare organizations looking to optimize their operations. Unlike labor and overhead expenses, medical and surgical supply spending is more discretionary and has less immediate impact on clinical care or capacity. In addition, supplies are an increasingly large component of healthcare spending, with the […]

Are Today’s Providers Overwhelmed by Quality Reporting?

Guest post by Definitive Healthcare In today’s healthcare delivery environment, few concerns are as important to providers, payers, and consumers as quality. Quality scores can drive patients towards or away from hospitals and doctors, determine reimbursement rates, and subject organizations to a wide range of government incentives or penalties. Most would agree that quality measurements […]

HCIM Launches the Healthcare Strategic Advisory Council (HSAC)

HCIM Launches the Healthcare Strategic Advisory Council (HSAC)

HealthCare Information Management, Inc. (HCIM), provider of robotic claims automation software and consulting services, has formed the Healthcare Strategic Advisory Council (HSAC), an industry think tank designed to provide insight and guidance related to technology, process improvement, data integration, operational transformation, and regulatory compliance. “The healthcare landscape is evolving at an unprecedented pace and organizations […]

Goodbye Obamacare – Where Do We Go from Here?

Goodbye Obamacare – Where Do We Go from Here?

We’re on the brink of seeing significant shifts in health care with the Republican repeal of the Affordable Care Act. I’m hopeful that we will see wisdom and thoughtfulness in the replacement, but there are fundamental challenges that need to be brought to light as this process goes forward. Health insurance as a for-profit business […]

Transformation from Volume to Value

Transformation from Volume to Value

The industry is responding very slowly to the move to Value-Based Care. Instead of taking steps to move forward with a new model of care delivery and creative payment models, everyone is waiting for the next CMS edict or decision from Congress. The industry should be examining the inefficiencies in the current system, determining how […]

Broadening the Definition of Value in Value-Based Medicine

The healthcare industry needs to broaden the definition of value in value-based medicine. By expanding our view, we’ll discover new and better methods of compensation that incentivize efficiency in medical practice and enhance relationship-based care. Most value-based compensation has been built around clinical outcomes and this is appropriate, but we should also add incentives for […]

How to Achieve Value-Based Healthcare Transformation

How to Achieve Value-Based Healthcare Transformation

HCIM’s Strategic Consulting mission is to collaborate with healthcare organizations in developing and executing a Value-Based Care Transformation Plan. We utilize a continuous process improvement model and an architectural approach based on medical expense management, appropriate revenue optimization, and administrative cost containment. HCIM’s Value-Based Care Transformation Methodology: Assist with defining a vision for your organization’s […]