One of the most critical financial categories for hospitals is “physician spend” — the total dollar amount you spend on every physician arrangement each year. How can you optimize your budget though using physician spend data? Here are five tips from our experts.
Before you finalize a physician contract, stop and be sure it contains the five things listed in our infographic. Otherwise you might find yourself in hot water!
70% of hospitals are unsatisfied with their physician payment processes. Our guide will help you understand why that is. It’ll also show you how physician payment automation can help and what to look for in an automation solution.
Ludi conducted an online survey with the Healthcare Financial Management Association (HFMA) in February 2020, asking their members a series of questions regarding how they currently pay their medical teams.
Ludi surveyed hospital executives and managers nationwide to find out how they track, manage and pay on physician administrative contracts.
Seventy-five percent of the 28 respondents were from organizations that have 250 or more beds.
Before you finalize a physician contract, stop and be sure it contains the five things listed in our infographic. Otherwise you might find yourself in hot water!
Stamford Health, a multi-facility system in Connecticut with a 305-bed hospital, found it difficult to manage manually a hundred time logs each month. After implementing Ludi’s solution, Stamford Health was able to save $259,000 annually.
Kennedy Health struggled with time tracking and spend management. After implementing Ludi’s solution, the hospital quickly achieved 97+ percent physician adoption, and was able to consolidate data and improve cost reporting.
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PSA contracts can be hard to manage. But we've got some helpful tips. Register for our next webinar.