A critical cause: 10 steps to improve CAH financial performance.
The 10 steps: 1. Develop a strategic planning process. 2. Develop a bed-management strategy. 3. Design a revenue cycle management program. 4. Enhance Medicare payment. 5. Avoid the Medicare cash flow trap. 6. Develop effective pricing strategies. 7. Improve performance of clinics. 8. Manage labor and nonlabor resources. 9. Evaluate capital expenditures and needs. 10. Evaluate new products and services.
Fogel
Lawrence A
LA
BKD Health Care Group, Division of BKD, LLP, Kansas City, MO, USA. lfogel@bkd.com
Watt
Joseph M
JM
D017598:Efficiency, Organizational; D004636:Emergency Service, Hospital / Q000458:organization & administration*; D017408:Guidelines as Topic; D014481:United States