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Preparing for Price Transparency

With the increasing availability of online price transparency tools it is more important than ever for hospitals to accurately communicate their value in the marketplace. In her latest post, 3M blogger Kristine Daynes offers a list of online resources that consumers are using to evaluate healthcare prices and services, and provides insight on how hospitals and health systems can learn to thrive under this new value-based business model.  

Read the full post here.
 

Latest News

RARE Campaign exceeds goals, prevents 7,975 avoidable hospital readmissions in Minnesota
As one of the largest coordinated improvement initiatives ever undertaken by the Minnesota health care community, The RARE (Reducing Avoidable Readmissions Effectively) Campaign, reports that it has prevented 7,975 avoidable hospital readmissions since 2011. Using 3M Potentially Preventable Readmissions (PPRs) to measure avoidable hospital readmissions, the RARE Campaign has helped hospitals achieve approximately a 19 percent reduction in avoidable readmissions and successfully reduced inpatient medical expenses by about $70 million.

Read the full press release here.

View the video here.

Healthcare IT Leaders Announces the 2014 Best Healthcare IT Blogs
Healthcare IT Leaders names 3M Health Information Systems' blog as one of the Best Healthcare IT Blogs of 2014.

3M Webinar: Using 3M PPRs & PPCs to Measure the Triple Aim
Learn about how 3M PPR and PPC software can help your hospital meet and surpass the objectives of your state patient safety and reporting initiatives by joining us for a complimentary webinar outlining the many benefits of using 3M quality measures.

NextGen Healthcare and 3M Partner to Offer Industry-wide ICD-10 Education Program
NextGen Healthcare Information Systems announces partnership with 3M Health Information Systems. The partnership will aid in the transition to ICD-10.

Visit NextGen HIS here.

Doctors' Billing System Stays Stuck In The 1970s For Now
The ICD-10 coding system is now four decades old. The codes were scheduled to be upgraded in October, but earlier this month Congress delayed the switch. Listen to an interview with JaeLynn Williams, 3M, broadcast on National Public Radio's Morning Edition news program.

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