Jove
Visualize
Contact Us
JoVE
x logofacebook logolinkedin logoyoutube logo
ABOUT JoVE
OverviewLeadershipBlogJoVE Help Center
AUTHORS
Publishing ProcessEditorial BoardScope & PoliciesPeer ReviewFAQSubmit
LIBRARIANS
TestimonialsSubscriptionsAccessResourcesLibrary Advisory BoardFAQ
RESEARCH
JoVE JournalMethods CollectionsJoVE Encyclopedia of ExperimentsArchive
EDUCATION
JoVE CoreJoVE BusinessJoVE Science EducationJoVE Lab ManualFaculty Resource CenterFaculty Site
Terms & Conditions of Use
Privacy Policy
Policies

Related Experiment Videos

Financial management and DRGs.

J D Suver, W F Jessee, W N Zelman

    Hospital & Health Services Administration
    |December 11, 1985
    PubMed
    Summary
    This summary is machine-generated.

    Healthcare providers face financial risks due to evolving Diagnosis-Related Group (DRG) payment systems. Implementing resource management systems is crucial for financial survival and informed decision-making.

    Related Concept Videos

    You might also read

    Related Articles

    Articles linked to this work by shared authors, journal, and citation graph.

    Sort by
    Same author

    The group practice revolution comes of age. Putting MGMA's 75 years into perspective.

    MGMA connexion·2001
    Same author

    Animated-simulation modeling facilitates clinical-process costing.

    Healthcare financial management : journal of the Healthcare Financial Management Association·2001
    Same author

    Resource cost analysis of cervical spine trauma radiography.

    Radiology·2001
    Same author

    Tracking the tracker of health care's trends. Interview by Patrick Mullen.

    Managed care (Langhorne, Pa.)·2000
    Same author

    Extending simulation modeling to activity-based costing for clinical procedures.

    Journal of medical systems·2000
    Same author

    Issues for academic health centers to consider before implementing a balanced-scorecard effort.

    Academic medicine : journal of the Association of American Medical Colleges·2000
    Same journal

    Managing the human side of change in VA's transformation.

    Hospital & health services administration·1999
    Same journal

    Organization design of integrated delivery systems.

    Hospital & health services administration·1999
    Same journal

    Strategic alliances in healthcare: opportunities for the Veterans Affairs healthcare system.

    Hospital & health services administration·1999
    Same journal

    Visionary leadership and the future of VA health system.

    Hospital & health services administration·1999
    Same journal

    Organizational culture: the critical link between strategy and results.

    Hospital & health services administration·1999
    Same journal

    Transferring managed care principles to VA.

    Hospital & health services administration·1999
    See all related articles

    Area of Science:

    • Healthcare Management
    • Health Economics
    • Financial Risk Assessment

    Background:

    • The federal government's refinement of the Diagnosis-Related Group (DRG)-based prospective payment system introduces significant financial risks for healthcare providers.
    • Survival in the evolving healthcare landscape necessitates robust internal systems for managing resources and costs.

    Purpose of the Study:

    • To outline a process for healthcare providers to identify and establish essential information systems.
    • To support healthcare organizations in navigating financial risks associated with payment system changes.

    Main Methods:

    • The article illustrates a practical process for system development.
    • Focuses on identifying needs for information on resource utilization and cost accounting.

    Related Experiment Videos

    Main Results:

    • Healthcare providers can develop systems to track resource needs, consumption, and associated costs.
    • The proposed process aids in establishing the necessary data infrastructure for financial management.

    Conclusions:

    • Establishing effective resource management and cost-tracking systems is vital for healthcare provider viability.
    • Proactive system implementation enables providers to adapt to prospective payment system changes and mitigate financial risks.