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Value-based Economics

 

Value-based economics is the evolution away from traditional “old school” revenue cycle management to understanding the underlying pressures on margin and its bidirectional correlation to patient outcomes.

In the video above, Craneware CEO Keith Neilson and CMO Mark Montgomery discuss this emerging trend and why Craneware is uniquely qualified to partner with healthcare providers to plan, execute, and monitor the success of these critical initiatives.

In a recent HFMA survey of senior finance, accounting and operations leaders, sponsored by Craneware, it was discovered that 78% of hospitals and health systems are strategizing around value-based economics, the movement away from traditional revenue cycle management to understanding the underlying pressures on margin and its correlation to patient outcomes.