Improving Value With TDABC
Time-driven activity-based costing presents significant opportunities to enhance quality of care and outcomes while reducing costs-and provides a foundation for value-based payment.
By Robert S. Kaplan
Web Extra: Learn more about using time-driven activity-based costing to improve patient outcomes while reducing costs.
Special Section: Chair Profile
Leading by Example
HFMA Chair Kari Cornicelli believes finance leaders have the right set of financial and leadership skills to lead change within their organizations-and to teach future finance leaders to do the same.
Health Care Success: Achieving 'Triple Aim' in Israel
Trade mission finds overall improvement initiative possible despite worries over survival of its socialist approach to health care.
By Domenic Delmonico
How Cleveland Clinic used TDABC to Improve Value
At Cleveland Clinic, a time-driven activity-based costing pilot project revealed significant opportunities to improve processes of care and reduce costs related to heart-valve surgery.
By Christopher J. Donovan, Mike Hopkins, Benjamin M. Kimmel, Stephanie Koberna, Carrie A. Montie
Making Process Improvement 'Stick'
Healthcare organizations that develope process improvement initiatives and are able to successfully sustain gains share five traits in common.
By Quint Studor
Embarking on Performance Improvement
Healthcare provider can best improve quality of care and reduce costs by establishing performance improvement programs with analytics, defined terms, and a focus on evidence-based practices.
By Bobbi Brown, Leslie Hough Falk
Preparing for 501(r)
An IRS Final Rule will specify financial assistance, billing and collection requirements that hospitals must meet to maintain or achieve tax-exempt status.
By Keith Hearle
Web Extra: New Requirements for Maintaining Tax-Exempt Status
Sustainable Risk Management for an Evolving Healthcare Arena
The evolving healthcare reform environment requires organizations to undertake sustainable risk management, which involves continually reevaluating and preparing for the risks posted by changes.
By Sarah A. Cole, Raj Chaudhary, Derek A. Bang
Operational Prototyping: A Tool for Delivering Value
An important way for healthcare providers to improve care quality, reduce costs, and deliver greater value is to standardize and replicate best practices across the continuum of care.
By Rebecca Flink
Total Cost of Ownership: The Role of Clinical Engineering
A hospital can avoid many hidden costs associated with equipment service contracts by having the in-house clinical engineering department assume greater responsibility for this function.
By Dale Hockel, Michael Kintner
Nuance: Boosting Providers Over the EHR Tipping Point with CDI
IntelliCentrics: Credentialing helps hospitals protect patients—and the bottom line
Somnia: A Hospital's Guide to Exploring Anesthesia Options
HFMA Executive Roundtable
Key Strategies for Managing Population-Based Risk
HFMA Educational Report
The ICD:10 Delay: What's Next for Your Strategy
Responding to an Insurer's Recoupment of Past Payments
Providers should be aware of regulations that may govern the issuance of overpayment demand letters by insurers and incorporate strategies to avoid recoupment of valid payments.
By Jennifer Rudenick Ecklund, Andrew Cookingham
The Integration Aspiration
Integration is a common goal when health systems acquire medical practices, but it may take various forms and continue to evolve beyond the classic model.
By Keith D. Moore, Katherine M. Eyestone, Dean C. Coddington
From the Chair
Building a 'For Purpose' Mind Set
Finance leaders have the right skills and knowledge to help transform health care.
By Kari Cornicelli, FHFMA, CPA
From the President
I'm Still an Optimist, but ...
If the healthcare cost trend resume its upward trajectory, pressures to adopt value-based payment will only continue to mount.
By Joseph J. Fifer, FHFMA, CPA
Douglas Hastings: Legal Perspectives on Trends in Capital Access
"More and more, discussions about capital access are less about bricks and mortar," says Douglas A. Hastings, JD, chair of the board of directors of Epstein Becker & Green, PC.
By Jeni Williams
Eye on Washington
Provider Payments Face Short-Term Local Cuts, Long-Term Federal Cuts
At this time, providers are unlikely to feel more pressure from employers and Medicaid than from Medicare cuts. Only in the longer term are they likely to see significant Medicare reductions.
By Chad Mulvaney
The Drive for Value: Key Roles for the CEO
Quality and safety programs cannot work effectively unless the CEO takes a proactive approach to implementing and driving them.
By John Byrnes
5 Ways To...
5 Ways to Trim Excess Costs
Five strategies can boost the "yield" of cost reduction efforts by focusing on savings opportunities that are often overlooked.
By Brian Channon
Hospital Median Operational Measures and Indicators, Calendar Year 2013, at a Glance
A general industry benchmark for key operational hospital measures and indicators gives hospital leaders an at-a-glance view of how their organizations compare broadly with peer organizations.
Member Spotlight: Fiery Passion for Finance
Publication Date: Monday, June 02, 2014