News and Events


October 24, 2016

Primary Challenges Facing CFOs in 2017

1. LABOR COSTS:  This line item is typically 50% of a hospital's budget.  MedStream can help reduce staffing expenses.  With 40 practices, we are confident in our knowledge of market rates and our ability to retain or recruit.  Lowering staffing expenses will reduce the overall subsidy, if one is necessary.

2. LOW CMS REIMBURSEMENT RATES:  As every hospital CFO has observed, Medicare and Medicaid reimbursements are being continually diminished.  MedStream has negotiated advantageous reimbursement rates with commerical payors that help offset this loss.  

3. REDUCED CASE VOLUME:  As cases migrate to surgery centers or stand-alone ERs, hospital revenues decrease.  MedStream partners with our hospitals to grow case volume by maximizing existing resources more efficiently (i.e. more cases in the same time) and by developing new specialty services, including pain.

MedStream is a company not only focused on improved anesthesia service, but one dedicated to financial improvements as well.  As you assess the fiscal changes you need to plan for, call MedStream for an idea of how we can support you in executing them.

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MedStream ensures excellence through anesthesia management to improve patient care and optimize financial performance. We deliver the clinical, operational and financial capability few anesthesia practice management firms can offer.

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