5 Questions Hospital and Healthcare Fiduciaries Should be Asking

May 4, 2017

If you’re a CFO, Trustee, Board member, or Investment Committee member, we think you need to read this quick summary of the top 5 questions hospital and healthcare fiduciaries should be asking in 2017.

Spotlight

Children's Hospital of The King's Daughters

Children’s Hospital of The King’s Daughters is a 206-bed comprehensive pediatric care facility in southeastern Virginia and northeastern North Carolina. Whether a child needs hospitalization, ongoing care for a chronic illness, outpatient surgery or primary care, CHKD Health System provides the staff, facilities and technologies that address the unique demands of childhood, servicing children from birth through 21 years of age.

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Missing secondary diagnoses can negatively impact patient outcomes and lead to costly readmissions. However, requiring staff to read over every patient’s chart for any additional diagnoses can contribute to burnout. Workflow-integrated, artificial intelligence (AI)-driven computer-assisted physician documentation (CAPD) systems help clinicians document and code all secondary diagnoses while still focusing on the primary clinical problem, enhancing documentation integrity and reducing readmissions and costs.Read how AI-driven CAPD solutions have helped healthcare organizations

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Rethinking Indicators of Project Success in Healthcare

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Health leaders must understand the benefits of their investments in performance improvement projects and the impact on the organization. The traditional approach is most often to measure ROI (return on investment) and, while clearly measurable, is most often related to cost savings or increased revenue and can leave you with an incomplete story. Incorporating VOI (value on investment) enables you to quantify the intangible benefits of your projects and activities making the combination of the two a more robust indicator of project success.

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Care providers and payers are shackled by a myriad of processes and accompanying documents to authorize, deliver, and record healthcare services. From patient health records to care provider information and payment data, the web of processes involved in care delivery and reimbursements quickly breach human interest, resulting in monotonous work for the people involved. Healthcare automation can eliminate the time spent by personnel working on time-intensive, low-value, and rule-based tasks. In this white paper, we explore the nature of Robotic Process Automation (RPA) and the key areas for care providers and payer organizations to focus on to leverage the power of RPA.

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Using Clinical Trial Sites’Input to Select the Right Capabilities when Decentralizing Clinical Trials

whitePaper | March 22, 2023

The COVID-19 pandemic has renewed emphasis on innovations to support clinical trial operations. Traditional sites including hospitals and private practices were forced during the height of the pandemic to find novel ways to continue patient care.

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Top Priorities for Health Leaders 2022-2023

whitePaper | August 4, 2022

There has never been a time in the history of the U.S. healthcare system in which the leaders of hospitals, medical groups, and health systems have faced a broader range of pressures of all kindspolicy,

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Spotlight

Children's Hospital of The King's Daughters

Children’s Hospital of The King’s Daughters is a 206-bed comprehensive pediatric care facility in southeastern Virginia and northeastern North Carolina. Whether a child needs hospitalization, ongoing care for a chronic illness, outpatient surgery or primary care, CHKD Health System provides the staff, facilities and technologies that address the unique demands of childhood, servicing children from birth through 21 years of age.

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