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Will hospitals improve collections from self-pay patients to cut costs?

Officials from medical centers across the country are looking at ways to cut costs ahead of next year's budget, the Times and Democrat has reported.

According to the news provider, hospitals are considering cuts in a number of areas including travel, publications and training initiatives.

In addition, reducing contract labor expenses, offering new services and improving collections from self-pay patients could also be on the cards.

"We are entering a time that is much less certain as we begin the journey through healthcare reform," a letter detailing the plans states.

"In a time of increased uncertainty, it is wise to work to improve margins to the greatest extent possible and preserve cash."

Meanwhile, Information Week reported earlier this year that healthcare services in the US will need to make sure they address any data quality issues that may arise from a predicted upsurge in information caused by new legislation.

Recent healthcare reforms are likely to mean that IT managers will have to deal with an increasing amount of new data provided by US citizens.

Posted by Paul Newman ADNFCR-2366-ID-800056813-ADNFCR

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