Using Comparative Data to Improve Healthcare Value
By Joane H. Goodroe
Using comparative data can engage physicians in finding ways to drive efficiencies in care.
Healthcare Reform: The Good, the Bad and the Transformational
By Chad Mulvany
With the passage of healthcare reform, a hospital financial leader's top challenge is to become knowledgeable about the legislation and its likely impact on a hospital's bottom line.
Achieving Operational Efficiencies Using a DRG-Based Tracer Approach
By Jack Gottlieb, Aalia Khawaja, Karen Teitelbaum, and Alan Channing
A DRG-based tracer approach, focusing on a high-volume DRG, can help identify inefficiencies in patient care. Mount Sinai Hospital used the approach to improve care related to DRG 143: chest pain.
Web Extra: Tracer Analysis: Patient Care Process Flow Diagram, DRG 143
Do Your Nurses Speak Finance?
By Quint Studer
Three healthcare organizations show how they forged a common understanding between clinical and financial leaders for measurable performance improvement.
Health IT: The Road So Far
By Kerry Weems
The health IT journey has been long and arduous, but the future can be a superb success-or a spectacular failure.
Improving Margins Through a Patient Access Initiative
By Kent Giles, Janet Harris, Louann Parker
A patient flow initiative improved the University of Mississippi Medical Center's margin by more than $30 million and improved care and service.
Achieving Strategic Cost Advantages by Focusing on Back-Office Efficiency
By Jim McDowell
A recent study shows that investments in back-office automation can reduce costs for hospitals--and improve efficiency.
Web Extra:Two health systems share how automation has helped their organizations reduce costs and increase efficiency.
Next-Generation Vendor Management: The Experience of Centura Health
By Steve Levin, Tracy B. Berry
Centura Health developed a new approach to managing its relationships with outsource vendors of collections services that improved its net cash collection rate by 20 percent in one year.
'Virtual' Central Business Office: How UMMS Improved Revenue Cycle Performance
By Bill Henciak, Christine Fontaine, Keith Fields, Stacy Parks
At the University of Maryland Medical Center in Baltimore, the development of a virtual central business office improved revenue and patient satisfaction.
Web Extra: View an example of a remittance analysis report provided by UMMS's virtual central business office system.
FASB Issues New Accounting Standards for Business Combinations
By Christian Heuer, Mary Ann K. Travers
Finance executives for not-for-profit entities who are planning mergers and acquisitions will need to start using the acquisition method for business combinations, as outlined in Financial Accounting Standards Board (FASB) Statement No. 164, Not-for-Profit Entities: Mergers and Acquisitions.
From the Chair
Step Up and Make It Happen
By Debora Kuchka-Craig, FHFMA
Incoming chair Debora Kuchka-Craig reflects on the ways healthcare finance professionals are stepping up to meet today's challenges.
From the President
By Richard L. Clarke, DHA, FHFMA
Healthcare reform requires that healthcare finance leaders "step up" to be accountable and find common ground among stakeholders.
From the Editor
A Moving Experience
By Robert Fromberg, Editor-In-Chief
Moving HFMA's conference from Nashville to Las Vegas on short notice highlights three lessons for managing change.
HIM Costs Go Up and Down with EHRs
Can This Large Hospital Find a Partner?
Higher Hospital Margins Distinguished by Higher Patient Satisfaction
Member Spotlight:Nashville Residents Step Up to Meet Challenges of Flood
Robert Reed on Hospital-Physician Integration