0511hfmacover_mediumQ & A

Nicholas Wolter: Putting Patients First Under Payment Reform   

Nicholas Wolter, MD, CEO of Billings Clinic, discusses the health system's efforts to create a culture of collaboration that puts patients' needs first.

 

Cover Story

A New Road Map for Healthcare Business Success

Four industry leaders share the ways in which business development is changing in an era of reform-and how CFOs and other healthcare leaders should prepare.

By Jeni Williams

 


Features

Can a Hospital Benefit from Partnering with Physicians?

Hospitals have good reason today to consider the benefits of developing an joint venture ambulatory surgery center with physicians, as well as the risks of not pursuing such a strategy.

By Allan Fine, Brandon Frazier

 

Web Extra: When evaluating a potential corporate partner for a joint venture ASC, hospital finance leaders should ask questions that relate to nine key points of consideration.

 

7 Strategies for Success in Governing an ACO

A successful ACO strategy starts with clearly articulating a patient-centered strategic plan that supports organizational goals.

By Paul R. DeMuro

 

Uncovering Pharmacy Department Risks and Opportunities

To assess the risk posed by improper billing, coding, and pricing for pharmacy items, hospital finance leaders should perform an audit of the pharmacy department's charge description master.

By Gary R. Fong, Randy Wiitala, Frederick Stodolak

 

Success Under Reform Through Revenue Cycle Excellence

A comprehensive self-analysis of the revenue cycle will uncover abundant opportunities for bottom-line improvement.

By Daniel Thiry, Mike Evans, Lisa Walter, Suresh Ramanathan

 

Web Extra: View a list of the potential impacts and risks of implementing ICD-10

Web Extra: View a sample of a revenue cycle work plan

 

Healthcare BI: A Tool for Meaningful Analysis

Implementing a business intelligence system signals a hospital's readiness to embrace the future of data analysis for performance improvement.

By Rose Rohloff

 

Web Extra: A hypothetical case example demonstrates the value of business intelligence tools for trending analysis.

 

The Impact of Healthcare Reform on Hospital Costing Systems

Learn how reform will change hospital costing systems-and five strategies to help your organization adapt.

By Paul Selivanoff

 

Web Extra: Learn why detailed cost accounting is a must in an era of reform


Focus Areas

Accounting

Future Pension Accounting Changes: Implications for Hospitals

Potentially significant changes in pension accounting requirements would affect hospitals' statement of operations and increase the effort and cost to comply with financial reporting requirements.

By Tim Weld, Gina Klein

 

Technology

Strengthening Revenue Cycle Capabilities in an Era of Payment Reform

Several revenue cycle application systems will be essential to responding effectively to payment reform.

By John Glaser


Columns

From the Chair

My "Because of HFMA..." List

A "because of HFMA…" list expresses all of the wonderful benefits that can come from active involvement in HFMA.

By Debora Kuchka-Craig, FHFMA

 

From the President

Inviting Payers to the Party

The government's accountable care organization regulations show the importance of fostering value in health care.

By Richard L. Clarke, DHA, FHFMA

 

From the Editor

A Sunny Day

Even in the midst of ominous payment outlook,it's possible for hospitals to identify important business opportunities.

By Robert Fromberg, Editor-in-Chief

 

Eye on Washington

ACO Regs, Round 1

By Gail Wilensky

 

Leadership

Cloud Computing: Innovating the Business of Health Care

By Edward Giniat

 

Capital Finance

Endowment Income for the Post-Reform Era

By William Jarvis

 

Data Trends

The Evolution of Physician Compensation: What's Next?

 

Etcetera

Member Profile: Reaching Out to Japan

 

Executive Interview

Gordon T. Edwards: Lessons Learned About EHR Incentive Payments

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