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Cost management

Eric keeps his eye on the income statement

“Providers want to know how to beat the high cost structure of today. How do they replace capital, reinvest in facilities, fund initiatives and build liquidity, all while serving their patients?” 

Eric Young 
Vice President, Performance Improvement, Optum Advisory Services

Read ERic's reply

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Manage costs: Strategic metamorphosis

Simplifying administration, justifying vendors, strengthening supply chains and optimizing workforce can help health systems achieve margin performance. Done correctly, these strategies can resolve strained operating margins, budget turmoil and rising costs currently outpacing revenue. 

Explore these resources that can help you can increase efficiency and maintain quality, while successfully managing costs. 

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Learn what your peers are doing

  

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Physician group sees remarkable results after system upgrade

Read how Optum helped manage the transition and provide on-site leadership supported by a managed services team.

 

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How Excela Health is tackling costs

Read about the health system’s approach to achieving system-wide impact for positive financial outcomes.

 

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Thrive or crumble: Partnerships are a new area of growth

Read the article from Nick Howell and Chris Pass to learn the successes and lessons of the partnership between John Muir Health and Optum.

 

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Success snapshot: Regional One Health and Optum Case Advisor

See how Regional One Health transformed utilization review effectiveness to overcome staffing pressure.

 

Read Success story

Administrative Simplicity

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Infographic

Become best in class at claims management

Follow these six tips to improve your claims process and better defend against denials.

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Article

Reducing administrative variation

Infuse technology into your medical necessity process.

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Article

Clinical intelligence

A smart revenue cycle investment in trying times

Control Fixed Costs

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White paper

Improve your operations for better financial health

Read the white paper to learn about controlling fixed costs, delivering new levels of efficiency, and enabling organizational flexibility.

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Video

Reducing administrative variation

Watch this video to learn how to turn every patient interaction into an opportunity for improved care access and quality.

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Video

Sustainability through partnership

See how Boulder Community Health partnered with Optum to continue to successfully fund its mission.

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On-demand webinar

Cost optimization strategies to restore financial health

Watch the webinar for insights on disruptive market forces, the health care economy, cost-management efforts and managing operating costs.

Enable Agility and Flexibility

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Video

Partnering for employee growth and retention

Explore how Boulder Community Health partnered with Optum to continue elevating its most critical component of success - its workforce.

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E-Book

Natural language processing (NLP) and risk adjustment

Learn how NLP can help identify missed or miscoded conditions to improve care and ensure proper payment.

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Article

Outsourcing vs. smartsourcing

Discover the expert perspective on a new relational model for a new era in health care.

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Video series

Bassett Healthcare Network partnering insights

Learn how a unique partnership between Bassett Healthcare and Optum is advancing quality and financial resilience.

Our technology and services can help boost your organization’s financial health. Learn how.