In the evolving healthcare landscape, various trends are taking hold, according to Tech.co.
Here are five trends to note:
1. Programs for nurses. Various facilities are facing a nursing shortage and many are implementing a residency program aimed at helping nurses obtain their certification. When practices offer nurses hands-on training and help pay for further education, these facilities will likely bring in more qualified nurses.
2. Technological innovations. Technology has many benefits such as endless streams of information available at providers' fingertips. However, practices need to ensure they are complying with HIPAA or they may face penalties. The technologically-driven field has also brought in advanced hackers who pose threats to patient safety.
3. Lower reimbursement. CMS is reimbursing providers less and less, and many organizations may face penalties for failing to meet CMS' requirements in the value-based payment model. To avoid penalties, practices should ensure their policies are up-to-date.
4. Spending money wisely. As reimbursement falls, healthcare administrators and executives should be extra meticulous about where they allocate the practice's resources.
5. Organizations are taking on more risk. Stakes are high for practices as hackers can sell patients' sensitive information on the black market. Also, organizations take risk in reimbursement as failure to meet standards could result in a hefty penalty. Successful practices will learn how to effectively manage risk.
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