This article distills key insights and best practices gained from multiple successful performance improvement projects. The goal is to provide a roadmap that health systems facing comparable financial and operational difficulties can follow.  It serves as a practical guide to overcoming financial challenges and achieving a successful turnaround. Overview This prominent essential health system delivers compassionate, patient-focused care, drives innovative medical research, an

Introduction In an era of rising costs, shifting reimbursement models, and increasing regulatory complexity, hospitals face unprecedented pressure to protect and grow their financial margins. While clinical excellence remains paramount, financial sustainability hinges on the effectiveness of Revenue Cycle Management (RCM), the engine that converts clinical activity into cash flow. Optimized RCM is no longer a back-office function; it is a strategic imperative. From accurate p

In a healthcare landscape characterized by increasing complexity and elevated patient demands, hospitals are confronted with significant pressure to enhance their operational performance. The growing focus on reimbursement cuts, cost reduction, and positive patient outcomes requires a multifaceted strategy. Five critical levers for improving operating margins stand out: 1) enhancing access to care, 2) increasing 340B prescription fill rates, 3) optimizing revenue cycle yield,