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
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.
Administrative Simplicity
Strategies to help reduce administrative costs
Strategies to fix payer-provider collaboration, streamline patient financial experience and apply AI technologies for better cost savings.
Reducing administrative variation
Infuse technology into your medical necessity process.
Clinical intelligence: The smartest revenue cycle investment
Our white paper shows how investing in smart technologies supports the revenue cycle from patient registration through full reimbursement.
Control Fixed Costs
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.
Reducing administrative variation
Watch this video to learn how to turn every patient interaction into an opportunity for improved care access and quality.
Sustainability through partnership
See how Boulder Community Health partnered with Optum to continue to successfully fund its mission.
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
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.
Natural language processing (NLP) and risk adjustment
Learn how NLP can help identify missed or miscoded conditions to improve care and ensure proper payment.
Front-door digital strategies to improve patient perceptions
Discover how a digital patient engagement strategy can provide easier access, reduce cancellations, and enhance front-end collections.
Bassett Healthcare Network partnering insights
Learn how a unique partnership between Bassett Healthcare and Optum is advancing quality and financial resilience.