hasumah
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EFFECTIVELY MANAGING HEALTH INSURANCE ACCOUNTS RECEIVABLE AND DELAYED INSURANCE PAYMENTS IN YOUR HOSPITAL BUSINESS IN AFRICA
Hamza Asumah, MD, MBA Health insurance AR, also known as healthcare accounts receivable, is a term used to describe the amount of money owed to a hospital or healthcare provider by health insurance companies for the services they have provided… Continue reading
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REVENUE CYCLE MANAGEMENT: WHAT YOU NEED TO KNOW FOR YOUR HOSPITAL BUSINESS IN AFRICA
Hamza Asumah, MD, MBA Revenue cycle management (RCM) is the process of managing the financial aspects of a hospital or healthcare facility, from patient registration to final payment collection. It encompasses all administrative and clinical functions related to the capture,… Continue reading
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PRICE TRANSPARENCY AND SETTING UP PRICE OF SERVICES IN YOUR HOSPITAL BUSINESS IN AFRICA
Hamza Asumah, MD, MBA Price transparency in a hospital business refers to the practice of providing patients with clear, accurate, and comprehensive information about the prices of healthcare services before they receive care. Price transparency enables patients to make informed… Continue reading
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WHAT YOU NEED TO CONSIDER BEFORE EXPANDING YOUR HOSPITAL BUSINESS IN AFRICA
Hamza Asumah, MD, MBA Private hospital expansions in Africa are a growing trend as the demand for quality healthcare services in the continent continues to increase. Many private healthcare providers are expanding their operations to meet the needs of a… Continue reading
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WHY YOU MAY WANT TO OUTSOURCE OPERATIONS OF YOUR HOSPITAL BUSINESS IN AFRICA
Hamza Asumah, MD, MBA Outsourcing is a business practice in which a company hires a third-party service provider to perform specific tasks, functions, or processes that were previously handled in-house. The service provider is usually an external organization or an… Continue reading
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STAFF TURNOVER AND WAYS TO MINIMIZE THIS IN YOUR HOSPITAL BUSINESS
Hamza Asumah, MD, MBA The nature of staff turnover in hospital business in Africa can vary depending on the specific country, region, and hospital. There is limited data available on staff turnover in hospital business in Africa, as many healthcare… Continue reading
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WHAT TECHNOLOGY CAN HELP YOU ACCELERATE GROWTH OF YOUR HOSPITAL BUSINESS IN AFRICA
Hamza Asumah, MD, MBA The use of technology in African hospitals varies widely depending on the country and the specific hospital. However, overall, the adoption of technology in African hospitals is generally lower compared to hospitals in other regions of… Continue reading
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USING KPIs TO GROW YOUR HOSPITAL BUSINESS IN AFRICA
Hamza Asumah, MD, MBA Managing a hospital business is a complex and challenging undertaking, with many variables to consider. One key aspect of running a successful hospital business is keeping track of the right Key Performance Indicators (KPIs) to ensure… Continue reading
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CREATING HIGHLY PRODUCTIVE EMPLOYEES FOR YOUR AFRICAN HEALTHCARE BUSINESS: PART TWO
Hamza Asumah, MD In my last post, I addressed how to effectively apply situational leadership in all of its forms to your workplace in order to get the most out of your people at all stages of their development in… Continue reading
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PART 1 – CREATING HIGHLY PRODUCTIVE EMPLOYEES FOR YOUR AFRICAN HEALTHCARE BUSINESS: SITUATIONAL LEADERSHIP
Hamza Asumah, MD Changing environmental factors and problematic scenarios have compelled healthcare administrators, nurses, physicians, and other professionals to adopt new leadership methods and behaviors in order to adapt. When I first learned about situational leadership, I was compelled to… Continue reading