Report Urges Providers to Go Beyond Cost Containment to Cost Reconfiguration
Hospitals and health systems must shift resources away from established operations and services to enable investments in infrastructure for managing risk and population health, according to a new report released today by the Healthcare Financial Management Association (HFMA) at its annual conference in Orlando, Fla. The report, Strategies for Reconfiguring Cost Structure, describes an imperative to develop the infrastructure and capabilities for the emerging value-based payment and care delivery environment. That infrastructure will necessitate investments in IT and analytics, primary