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Current regulatory changes producing a “Cash Flow” Crisis in 24 months for hospitals

Current regulatory changes producing a “Cash Flow” Crisis in 24 months for hospitals. Hospitals need a mechanism focusing on and understanding small variations of costs of services.

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Current regulatory changes producing a “Cash Flow” Crisis in 24 months for hospitals

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  1. Current regulatory changes producing a “Cash Flow” Crisis in 24 months for hospitals • Hospitals need a mechanism focusing on and understanding small variations of costsof services. • Hospital’s medical management will need applications to understand details of whichthird party payorscontracts need specific utilizationcontrols to maximize profit. • Hospitals must be able to understand variations of care by controlling their physician network. • Improving administrative efficiency “not by cost cutting” but through continuous background analytics and alert engines to drive data supported administrative decisions. • Using data to support evolving information to provide a basis for actuarial sound contractingto hospital providers, vendors & third party payors.

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