Why you should replace adjusted discharges (6/26/2020)

The use of adjusted discharges as a metric of output to assess facilitywide productivity and efficiency is flawed and leads to invalid conclusions. It does not account for the increasing volume and complexity of outpatient procedures. During this session, Providence St. Joseph Health System will share how it effectively uses equivalent discharges and demonstrate why this metric is better suited to health systems.

Original Live Date: HFMA DIgital Annual Conference (6/26/2020)

Tag(s) (CL) - Student, (CL) - Early Careerist, (CL) - Experienced Professional, (CL) - Mid-Senior, (CL) - Executive, Financial Leadership, (DM) - Self Study, (ST) - Accounting and Financial Reporting, (ST) - Physician Compensation, (ST) - Physician Group Revenue Cycle, (ST) - Physician Payment and Reimbursement, (ST) - Physician Practice Revenue, (ST) - Physician Relationships, (ST) - Return on Investment, (PL) - Intermediate, (RF) - Accounting, (RF) - Billing, (RF) - Budgeting, (RF) - Business Development, (RF) - Business Operations, (RF) - Financial Planning, (RF) - Patient Experience, (AD) - Hospitals and Other Providers, (AD) - Physicians and Other Practitioners, (AD) - Health Plans, (AD) - Business Partners

Description

Identify areas where hospital wide metrics of output are critical to management decisions
Review five reasons for replacing adjusted discharges with equivalent discharges
Discuss how equivalent discharges are being used by Providence St. Joseph Health System
Review a case study comparing the ability of equivalent discharges to accurately partition the causes for variations in net operating income into volume, payment and expenses