Improving Profits of Healthcare Companies Leveraging Digital Solutions
Combining operations, technology, accounting and economic analyses to improve healthcare operations and financial performance.
CenturyGoal is dedicated to helping healthcare providers and payers understand operating/financial challenges along with solutions to these challenges so providers can focus on care.
Our Research Focus Areas
Value-Based Care
Revenue Cycle Management
Health
Health
Interoperability & Cybersecurity
Healthcare Economics Studies
CENTURY GOAL RESEARCH
The focus of CenturyGoal is on how Providers can streamline their operating functions to accomplish: reduced costs; better collections; and improved patient health. Moreover, how Payers can support this and benefit as well.
Digitally transformed companies are much more profitable than their industry peers that have not undergone a digital transformation.
Series of articles on cross-industry rapid transformation phases from developing a common data model to prompt automation of operating functions.
There doesn’t appear to be a yellow brick road to value-based care. With so many different versions of value-based care, it seems more like numerous forks in the road that lead to many different decision paths for providers. A single destination of Emerald City does not exist in the context of value-based care.
The United States has been attempting to overcome its relatively high cost and low-quality healthcare system for many years, yet the transition to value-based care is moving at a snail’s pace. Although it will be difficult to make a meaningful transition until everyone can get on the same page and variations of payment models are simplified, there are steps that providers can take now to improve back-office processes enabled by technology that can accommodate common features across different value-based care programs.
The Latest CenturyGoal Blogs
Doctors Are Surprised as They Now Look Into the Prices Black Box
Until recently, prices for healthcare services were generally unknown. But this is now changing due to new requirements for both hospitals and insurers to publish prices.
Healthcare Providers Leave Money on the Table
Profit improvement opportunities are significant with prices, denials, and costs. How are healthcare providers leaving money on the table and what can healthcare providers do about it?
Healthcare Providers are Burned Out
Explore the alarming rate of healthcare provider burnout in the US, its impact on patient care, and costs.
US Healthcare Costs Make Piggy Banks Sad
People in the US spend $1 of every $5 on healthcare, roughly double the costs per person of other developed countries, yet our quality of healthcare ranks at the bottom of the world.
Denials Are Taking Big Bites Out of the Apple for Healthcare Providers
Denials can be prevented with proper training and the right operating procedures. Don’t leave money on the table.
Healthcare Collections Calculator: Why Not Know True Healthcare AR?
An accounts receivable aging report is a straightforward way to understand amounts owed to companies across industries. But mostly not the case in healthcare. Why not?
The Wild Wild West of Healthcare Pricing
How much is that doggie in the window? That is a very common question that consumers often ask when considering a purchase, but not in the US healthcare industry.
How Does the U.S. Healthcare System Compare to Other Countries?
It doesn’t. The United States Healthcare system is unique and very different from all other developed countries throughout the world.
The University of Texas Health Informatics and Health Information Technology (HIHIT) Program
The UT HIHIT program is full-time for nine weeks and has a good mix of teachings about industry, healthcare analytics, and technologies used in healthcare.
Recent Publications
Our healthcare system has a burnout problem: Doctors and nurses, bogged down by endless administrative tasks and the aftereffects of a global pandemic are dissatisfied and dropping out of the workforce. But technology may ride to the rescue, as modern technology innovations push healthcare forward.
Published on: RealClearMarkets
Publication Date: October 2, 2023
The burden of health-care administration has put doctors and small medical groups at a disadvantage compared with larger players and insurance companies. But there are solutions. This is what doctors and other health-care professionals need to know.
Published on: Physicians Practice
Publication Date: August 1, 2023
According to the American Medical Association, a record 63 percent of doctors reported burnout last year. The chief culprit: they now spend an average of nearly two days a week buried in administrative work. And they hate it. Technology can ease this burden, whether automating patient flow or streamlining insurance authorization.
Published on: MedCity News
Publication Date: April 7, 2023
Published on: Physicians Practice
Publication Date: February 6, 2023
Over a decade after being promised change was on the way, physicians and other providers can start taking tangible steps towards a better system.
Published on: Medical Economics
Publication Date: December 5, 2022
Practices don’t need to lose out on uncollected payments from insurers. Here are steps you can take to better manage coding, tracking, communications and rise above byzantine insurance practices.
Published on: MedCity News
Publication Date: November 23, 2022
