While there is a lot of focus in the press and push from employers for hospitals to develop new, more efficient, higher quality delivery models, hospitals are still focused on the basic "blocking and tackling" of running a hospital and that is shown clearly in the results of a recent survey of 400 hospital executives by Revive Health.
The Top 10 contracting priorities are primarily about increasing revenue through negotiating higher rates, decreasing denials, increasing coverage, increasing payments to hospital-employed physicians, timely collection of payments, and the like.
It's all about the revenue! Well, the hospital's revenue any way. It is the employer's expense. So employers need to understand how your plans are handling these negotiations and ensure that your priorities are as clear and receive as much attention during the negotiation process.