Financial & Operational Improvement

ACTIVITIES

Financial and operational improvement for MT CAHs is a goal of the MT Flex Grant. Hospital finance is a topic that affects and touches all CAH staff. In this section you will find educational presentations and facility submitted resources to help MT CAH staff understand and improve hospital finances.

 

Lean for Healthcare

What is Lean in Healthcare?

  • A systematic way of identifying value added and non-value added steps in every process and continuously eliminating waste so all work adds value and serves customer (patient) needs.

Why Lean in Healthcare?

  • Lean has gained momentum in Healthcare due to significant improvements in safety, quality, lead time, and financials through the application of Lean principles and tools. Lean engages all levels of the organization in the elimination of waste in all processes.

8 Types of Waste In Healthcare

RESOURCES

CAHMPAS: Critical Access Hospital Measurement and Performance Assessment System

The Critical Access Hospital Measurement and Performance Assessment System makes it easy for CAH executives, State Flex Coordinators, and Federal staff to explore the financial, quality, and community-benefit performance of Critical Access Hospitals.  CAHMPAS provides graphs and data, which allow you to compare CAH performance for various measures across user-defined groups: by location, net patient revenue, or other factors. We encourage you to explore the nuances of the data and develop strategies to address CAH performance. We hope that this tool will help you make the most relevant performance comparisons, collaborate with peers, and effectively allocate funding.

Information on MACRA – How will it affect YOUR Hospital?

American Hospital Association
CMS MACRA tool for Small Rural Practices
MACRA/MIPS Resources in Montana (Mountain-Pacific Quality Health: Health Technology Services)

 

PRESENTATIONS

If you are having trouble viewing the linked videos below, right-click on the link and save the file to your computer. You may then play the file directly from your computer.


LOWERING DAYS IN AR – CAH BEST PRACTICE WEBINAR SERIES

Lowering Days in AR – CAH Best Practice: Upfront Collections, Financial Clearance and Collection
Webinar Recording
Handout

Lowering Days in AR – CAH Best Practice: Don’t Leave Money on the Table
Webinar Recording
Handout


TRANSLATING CRITICAL ACCESS HOSPITAL FINANCE SERIES

Translating Critical Access Hospital Finance
Webinar Recording
Handout

Managing Productivity in the Critical Access Hospital
Webinar Recording
Handout