The Pulse:
Healthcare Technology Blog
Regulatory reform, market trends, supplier news. Recalls and new product introductions. Notable quotables and high-profile executive moves. Read up on developments from the supply chain to the legal department.
Ignore porous contracts at your own peril.Contracts significantly impact your health system’s administrative operations and bottom line. Healthcare contracting involves more than procuring the right personnel, equipment, supplies, and services necessary for patient
Our mission at TractManager is to optimize the business of healthcare. With our solutions, we support those “unsung heroes” who work behind the scenes to keep healthcare organizations running smoothly. These are the folks whose tireless efforts in maintaining ...
Track provider time and activities to prevent Anti-Kickback Statute and Stark Law violations.Are you paying attention to your provider compensation arrangements? The Office of the Inspector General (OIG) is. In its Fraud Alert—Physician Compensation Arrangements ...
At TractManager, we’re focused on optimizing the business of healthcare. As part of our mission we want to honor and thank the “unsung heroes” of healthcare—the folks who work behind the scenes to keep healthcare organizations up and running. These are the people ...
Ways to improve ineffective policies and broken processes.Despite increased emphasis on patient outcomes and safety, medical errors in hospitals and clinics are a leading cause of death in the United States, resulting in approximately 100,000 deaths each year. To ...
Our mission at TractManager is to optimize the business of healthcare and to support those “unsung heroes” who work behind the scenes to keep healthcare organizations running smoothly. These are the folks whose tireless efforts in maintaining day-to-day operations ...
As healthcare systems continue to become more complex, they face intense cost pressures.Contracts are legally binding agreements between two entities that outline the agreed-upon services, reimbursement arrangements, and legal considerations within the healthcare ...
At TractManager, we’re focused on optimizing the business of healthcare. As part of our mission we want to honor and thank the “unsung heroes” of healthcare—the folks who work behind the scenes to keep healthcare organizations up and running. These are the people ...
The COVID-19 pandemic has taken its toll on healthcare organizations’ financial health. In the first eight months of 2020, hospital operating margins were down 89% compared to the first eight months of 2019. The pandemic has also significantly impacted patient care
Provider onboarding starts with the provider contract. Executing a provider contract—which must comply with federal and state regulations—is more complicated than signing contracts with vendors to purchase gloves or catheters.
Every provider contract includes a ...
An inefficient provider onboarding system is often a collection of disparate parts that don’t talk to each other—not unlike the body parts Victor Frankenstein assembled to build his legendary creature. Although Frankenstein’s enormous creation looked hideous, the ...
Presenters shared their expertise for educators, students, sonographers, and sonologists in the areas of Abdominal, OB/GYN, Vascular, and Cardiac specialties. Particular attention was called to patient-focused care: listening to and meeting patient needs and ...
The waiting is the hardest part. This can certainly be true for providers who are eager to start using a new medical device that will improve patient care. Unfortunately, providers may have to wait several months for their request to be approved.
The COVID-19 ...
In a prior post, we analyzed the many potential spending pitfalls that healthcare organizations face as they work to recover from the financial hit the COVID-19 pandemic has delivered. As any healthcare executive knows, managing spending without compromising care ...
The compensation landscape is changing for providers. Consider these three developments:
In 2018, the number of employed physicians (47.4%) surpassed the number of physician owners (45.9%).
Value-based reimbursement is starting to replace traditional volume-based,
Provider privileging—the process of authorizing a specific scope of practice for patient care based on an evaluation of a provider’s credentials and performance—is essential for appropriate care access, quality governance and risk management, and patient safety. ...
“We need masks now!” The new healthcare environment surrounding the COVID-19 pandemic has forced healthcare organizations to simplify and speed up the decision-making and purchasing processes for new products. With staff working remotely, committees need to be able
Finding new strategies to reduce costs has never been more important. Healthcare contracts hold a wealth of opportunities to control costs—by securing the right pricing and contract terms and preventing expensive compliance violations. To identify those ...
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