HealthCare Finance News I April 01, 2013 I Kelsey Brimmer, Associate Editor
FREEPORT, ME – Participation in a national hospital project has shown one small Maine hospital the importance of business intelligence tools.
The 65-bed Franklin Memorial Hospital, a member of Franklin Community Health Network (FCHN), is taking part in Value Journey, a project organized by the Healthcare Financial Management Association (HFMA). The project sets out to identify common challenges that all healthcare providers are facing as they adapt to a value-based business model, such as the fragmentation of care delivery, as well as common capabilities, strategies and tactics that will help them make the change. Thirty-five hospital systems across the country are taking part.