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01/30/2018 

Ludi Newsletter

Dwindling reimbursement, regulatory uncertainty, and shifting payment models have hospital leaders navigating a rapidly growing landscape of choices. Here are our notes on what decision-makers need to know in the industry to stay ahead of the changing tides.

Handpicked Articles For You

Six physician alignment strategies for health systems
Deloitte

Executive research conducted by the consultant reveals help hospitals and physicians achieve better alignment and meet their value-based care goals. We totally agree with the emphasis on technology and data-driven decision-making.

Here are the first steps to becoming a cloud-first hospital
HealthCareITNews

Many hospitals are looking into moving more technological infrastructure and software into the cloud. This will ultimately transform hospitals, from RCM to IT to the patient experience. This story shares Children’s Mercy Hospital's journey to becoming a cloud-first hospital.

U.S. healthcare uninsured rises most in near decade: Gallup
Reuters

The number of Americans without healthcare insurance rose by 3.2 million people between 2016 and 2017, the biggest jump in the uninsured rate in nearly a decade. This jump is often linked to the repeal of the 2010 Affordable Care Act — a law that extended health insurance to 20 million Americans. Considering this, it's wise for anyone working in the revenue cycle or on expenditiures to closely monitor and analyze spend...with an eye toward savings.

Beating physician burnout
MD Magazine

Sixty-six perent of physicians in a recent survey said work-related stress made them feel as if they were “on a treadmill that keeps speeding up." After reading that, do you hear alarm bells ringing in your head? It'd be hard to find someone who argues that this isn't an issue, although the fix is less clear we'd recommend starting by getting a handle on your current physician relationships and contracts.

 

 Insights From Us

In our most recent blog, "The Missing Link: Hospital infrastructure for capturing physician spend"we discussed the complexity of physician agreements and how they are a gap for hospital operations. The Missing Link_ Hospital infrastructure for capturing physician spend.png

Here are key points: 

Physician Agreement Breakdown: Physician agreements are the contractual vehicle that glue physicians to hospitals as their partner for administrative physician oversight for medical directorships, co management, on call, and research and teaching to name a few. These contracts are hairy beasts of who everyone touches and no one owns on a day to day basis

The Necessary Link: Value is created when there is transparency, automation, and an owner that quarterbacks all these various functions as they are necessary. A physician administrative contract touches, and should, the entire system when managed appropriately. When a system owner is created with an automated application or tool as support, physicians have one stop shopping with questions, communication, and payment for their efforts. An owner with an automated application can provide rapid transparency to a Legal as a warehouse for the living agreement. 

Read the Full Article Here

We Published on Becker's!

Earlier this month, Gail Peace (our CEO) shared insights on Becker's Hospital Review. In the article, she explains how hospitals can optimize overall physician expenditure. Great tips for CFOs and anyone involved in RCM or operations looking for a competitive edge!

Access the Article Here

New Year, New User Experience: Our New Site

We knew it was time for our website to get a face lift. Check out the new and much-improved Ludiinc.com!

We've streamlined messaging, added great resources like product information and a newsletter archive, and clarified how we can help hospitals better manage spend, efficiently, aligned with increased reimbursement and revenue. Let me know what you think!

Check it out!