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Financial Strategies, Tools, and Solutions

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Category: Featured

The Great Reset

April 27, 2022
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| Featured

Hospitals performed well during the pandemic, innovating on-the-fly to solve new problems. This experience and mindset have changed how health care senior leadership makes decisions and how caregivers treat patients. Telehealth is here to stay and will be part of what some call Health Care 3.0, a build-out of virtual patient care that includes wearables […]

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The Language of Financial Strategies, Tools, and Solutions

April 1, 2022
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Q4400 Financial speaks the language of financial strategies, tools, and solutions. We are a results-oriented, entrepreneurial financial consulting firm that crafts custom solutions for Pricing Strategies, the Charge Master, Financial Modeling, Analytics, and an Advisory. The challenges in today’s health care are significant. More disruptive change is headed our way, however industry change always brings […]

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What Has Not Changed

February 17, 2022
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Hospital providers will continue to make investments in patient care, the patient process, the patient financial experience, communication and education via the EMR, data distillation, analytics, decision support, revenue cycle pain points, Best Practices, AI, and cyber security. Providers will continue to partner with Big Tech, IT vendors, and others to develop machine learning that […]

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Making Sense of the Data

December 6, 2021
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Clear. Compelling. Data takeaways. Only sophisticated statistical analysis does this. You need to make sense of changing charge and payer data to streamline patient process. This will ensure Patient Experience is consistently favorable which reinforces patient loyalty and produces new growth. Indeed, Patient Experience is the currency of new growth. Algorithmic statistical analysis enables powerful […]

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Timing?

October 10, 2017
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When is the best time to implement a new CDM strategy? CFO’s have tackled charge master changes, reviews, and bench-marking exercises at different times of the fiscal cycle with varying degrees of success. Having well-defined goals, a reasonable timeline (to avoid “mission creep”), and effective tasking are key. The short answer to the first question […]

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Charge Master Strategies

September 20, 2017
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The ACA has succeeded in changing the national conversation about health care despite not achieving its stated goals. The ACA’s purposeful shift in paradigm from Fee-for-Service (FFS) to value (patient outcomes) is underway, albeit at a slower pace than predicted. Some have advocated abandoning the charge master altogether, saying it is no longer relevant since […]

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News

June 29, 2016
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Health care is undergoing enormous change again and it’s far from complete. Industry senior executives who led their hospitals through the transition to the Federal DRG system in 1982 acknowledge that change from the Affordable Care Act is substantially greater. The full impact of the employer and individual mandates is still evolving and the Cadillac […]

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Making Sense of The New Landscape

February 1, 2016
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The next generation of revenue cycle tools should help you tackle today’s problems and speak directly to a vastly different landscape, but will deliverables meet expectations? Much of the revenue cycle is evolving. ICD-10 is here, but it’s much too early to know how this affects receivables, physician productivity, coders, patient engagement, and patient satisfaction. […]

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What’s in a Blue Sheet Analysis?

October 27, 2015
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| Featured

It’s here. The feds, states, and even some insurers (the Big Three) are piling on. Consumers can’t make sense of hospital pricing they claim. You know achieving true pricing transparency is difficult because of third party involvement in health care. The charge master is complicated in part because of this unique construct. Let’s face it […]

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Posted in Featured
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