MedeAnalytics Financial Modeling Determines a 300-Bed Hospital Will Need to Reduce Costs by Over $6 Million to Maintain Medicare Margins

EMERYVILLE, Calif., June 27, 2011 /PRNewswire/ -- MedeAnalytics, a leading provider of healthcare performance management solutions, today announced the launch of its Medicare Zero™ Resource Center which includes a white paper entitled, "Medicare Zero: An analytical approach to improve Medicare margins to breakeven or better." The resource center provides hospitals detailed and timely information about Medicare reimbursement rate changes and strategies to help hospitals reduce costs and create efficiencies.

(Logo:  http://photos.prnewswire.com/prnh/20100621/SF23660LOGO)

"Health reform-mandated revisions, productivity adjustments, and proposed documentation and coding offsets pose a huge challenge for hospitals," said Ken Perez, who directs MedeAnalytics' healthcare policy team and serves as the company's senior vice president of marketing. "Our research and economic models indicate that a 300-bed hospital will be required to reduce costs by more than $6 million in the year ahead to avoid erosion of its Medicare margins. The sheer magnitude of the financial impact of these multiple, complex and mounting reductions indicates that hospitals should focus even more attention on improving the efficiency and effectiveness of their core activity—the process and delivery of care."

Click here to visit the Medicare Zero Resource Center.

About MedeAnalytics

Founded in 1994, MedeAnalytics delivers performance management solutions across the healthcare system—including hospitals, physician practices and payers—to ensure accountability and improve financial, operational and clinical outcomes. For more information, visit www.medeanalytics.com.

SOURCE MedeAnalytics

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED