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 Concept Videos

Health Information Technology and Healthcare Information System01:30

Health Information Technology and Healthcare Information System

Health Information Technology (HIT)
Health Information Technology, commonly called HIT, integrates advanced information systems and technology in healthcare settings. Its primary functions include:
Planning Nursing Care I01:21

Planning Nursing Care I

The planning phase of the nursing process helps nurses set priorities, outline patient-centered goals and expected outcomes, and tailor nursing interventions to align with the aligned care plan. Through the planning phase, the nurse applies critical thinking skills to align and develop interventions according to the patient's needs. It provides continuity of care allowing patients to receive the maximum benefit from treatment. It serves as a pilot plan for allocating individual staff to a...
Methods Of Healthcare Delivery System01:26

Methods Of Healthcare Delivery System

At the different levels of the healthcare system, we see varying methods of healthcare used. These methods include managed care systems, case management, and primary healthcare.
Managed Care System:
The managed care system is designed to control the cost while maintaining the quality of care. The patient's care from admission to discharge is planned by the primary care provider or the case manager, also known as the gatekeeper. In a managed care system, the number of care providers is limited...
Energy Budgets00:51

Energy Budgets

Organisms must balance energy intake with the energy required for growth, maintenance and reproduction. These trade-offs result in a variety of survivorship and reproductive strategies, including semelparity and iteroparity. Semelparous species, like annual plants, have only one reproductive episode in their lifetimes and consequently have short lifespans. Iteroparous species, by contrast, have many reproductive events during their lifetimes but have relatively few offspring. These two...
Planning Nursing Care II01:29

Planning Nursing Care II

A nursing care plan can present in two forms: informal and formal. Informal is a care plan for the individual use of the nurse and goals they wish to accomplish during their shift. Informal care plans are not included in the patient chart. A formal nursing care plan is a written or computerized guide that organizes patient care. It is further subdivided into two: standardized and individualized care plans. Standardized care plans are pre-populated care plans for specific patient populations,...
Mathematical Modeling: Problem Solving01:29

Mathematical Modeling: Problem Solving

Mathematical modeling transforms real-world scenarios into mathematical expressions, allowing for structured problem-solving and analysis. This process involves defining the situation, assigning variables to measurable quantities, selecting an appropriate model, and solving the resulting equation. Such models are invaluable in finance, providing precise methods to evaluate investments, loans, and repayment structures.A widely used example is the calculation of fixed monthly payments on a loan,...

You might also read

Related Articles

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

Sort by
Same author

Engaging purchasers in value improvement.

Healthcare financial management : journal of the Healthcare Financial Management Association·2013
Same author

Delivering value to multiple stakeholders: 2013 and beyond.

Healthcare financial management : journal of the Healthcare Financial Management Association·2012
Same author

Implementing clinical and financial collaboration between payers and providers.

Healthcare financial management : journal of the Healthcare Financial Management Association·2012
Same author

Aligning managed care contracts, compensation plans, and incentive models.

Healthcare financial management : journal of the Healthcare Financial Management Association·2011
Same author

Payment reform: complexities to consider.

Healthcare financial management : journal of the Healthcare Financial Management Association·2011
Same author

Managing your margin after reform: the strategic margin plan.

Healthcare financial management : journal of the Healthcare Financial Management Association·2011

Related Experiment Video

Updated: May 30, 2026

Watershed Planning within a Quantitative Scenario Analysis Framework
12:44

Watershed Planning within a Quantitative Scenario Analysis Framework

Published on: July 24, 2016

Budget planning under payment reform.

Michael E Nugent1

  • 1Navigant Consulting, Inc., Chicago, USA. mnugent@navigantconsulting.com

Healthcare Financial Management : Journal of the Healthcare Financial Management Association
|July 28, 2011
PubMed
Summary

Healthcare reform complicates budgeting for reimbursement and collections. Finance teams must educate providers on reform impacts and analyze future scenarios for accurate financial planning.

Area of Science:

  • Healthcare finance
  • Health economics
  • Healthcare management

Background:

  • Healthcare reform presents significant challenges to traditional budgeting processes.
  • Accurate forecasting of reimbursement, patient volume, payer mix, and collections is increasingly difficult.
  • Past reliance on last-second rate increases from revenue cycle or managed care is no longer a sustainable strategy.

Purpose of the Study:

  • To highlight the difficulties in healthcare budgeting due to reform.
  • To emphasize the crucial role of finance departments in educating stakeholders.
  • To advocate for proactive scenario analysis in budget finalization.

Main Methods:

  • Qualitative analysis of the impact of healthcare reform on financial variables.
  • Emphasis on the need for financial education for physicians and operators.

Related Experiment Videos

Last Updated: May 30, 2026

Watershed Planning within a Quantitative Scenario Analysis Framework
12:44

Watershed Planning within a Quantitative Scenario Analysis Framework

Published on: July 24, 2016

  • Recommendation for future scenario planning for key budget components.

    • Main Results:

    • Budgeting topline reimbursement, volume, payer mix, and collections is more complex post-reform.
    • Finance departments are essential in translating reform's financial implications to clinical and operational teams.
    • Analysis of future scenarios for each financial variable is critical before budget finalization.

    Conclusions:

    • Healthcare organizations must adapt budgeting strategies to navigate reform.
    • Proactive financial analysis and education are key to mitigating budget risks.
    • Moving beyond reactive measures requires a strategic approach to financial planning and stakeholder engagement.