BOCA RATON, Fla., March 10th – HealthCare Appraisers, Inc., a leading healthcare valuation and advisory firm with offices nationwide, has released its new publication, 2021 Review and Benchmarking Guide: Trends and Data Insights for Hospital-Based Clinical Coverage Arrangements (HBCCAs). In this guide, HealthCare Appraisers has captured data from 2017 through 2019 from more than one thousand analyses performed on behalf of healthcare facilities of varying sizes and locations across the country. This first-of-its-kind survey contains unique benchmarks covering a wide range of hospital-based specialties. A complimentary download is available at: https://healthcareappraisers.com/2021-review-and-benchmarking-guide-trends-and-data-insights-for-hbccas/
“This guide’s main goal is to provide relevant and timely information to help hospitals and health systems reduce expenses and improve quality through a more strategic approach to HBCCAs,” said Luis A. Argueso, Partner at HealthCare Appraisers, Hospital-Based Service Line Optimization Team Lead, and an author of the guide. “We have observed that hospitals and health systems routinely negotiate their HBCCAs without seeking significant improvements in the quality of care rendered or material reductions in financial support. This report puts into context how vast and detailed this space can be, and how there are many ways to address financial and quality opportunities.”
Taking a hard look at your existing HBCCAs, let alone navigating an RFP process, can be a daunting task, and hospital operators can become entrenched in minutia. In the past, hospitals and health systems have viewed financial support under HBCCAs as a “cost of doing business.” HealthCare Appraisers believes this perception contributes to the unnecessary growth of costs and a negative patient experience. HealthCare Appraisers consistently leverages two decades of success and a wide array of professionals to assist clients in evaluating HBCCAs to ensure they are getting the most out of these arrangements for the benefit of both providers and patients.
HealthCare Appraisers’ team members are valuation experts who regularly present at national conferences and produce highly cited published insights. For additional publications and insights, including topics such as real estate and business valuation, please visit www.healthcareappraisers.com/insights.
HealthCare Appraisers, Inc. is a pioneer in the field of healthcare valuation and advisory services and is recognized for its thought leadership and proven track record. With eight offices strategically located throughout the country and 100+ dedicated team members, HealthCare Appraisers works with clients – ranging from small, solo physician practices to large, national hospitals and healthcare systems – in all 50 states and abroad. www.healthcareappraisers.com