As a certified physician assistant (PA-C) who has practiced over 20 years, I am often surprised by the many fallacies that exist, even among physicians, about who physician assistants are, what we can do, where we practice and how we can improve practice operations and profitability.
Now that hospitals are required to post chargemaster data online for patients to access, the Centers for Medicare & Medicaid Services is exploring the most effective ways to make sure providers comply with the rules.
Supply chain improvement offers the potential for significant savings for cash-strapped hospitals. According to a recent Navigant Consulting analysis, U.S. hospitals could save as much as $25.4 billion annually by streamlining their supply chains and eliminating unnecessary costs. That translates to a 17.7% average drop in supply expenses, or about $11 million per hospital per year.