Q & A 

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David Blumenthal, MD: Using Information to Drive Value

David Blumenthal, MD, former National Coordinator for Health IT, discusses with HFMA President and CEO Richard L. Clarke, DHA, FHFMA, the importance of using information to drive value in health care.

 

Web Extra: Read Blumenthal's comments about lessons learned about population health management efforts in the 1990s.

 


Cover Story

Medicare Payment: How Low It Will Go and How to Prepare

With the convergence of healthcare reform and the debt deal, hospitals face a difficult decade-long challenge in maintaining positive margins in the wake of plunging Medicare payments. 

By Ken Perez


Features

The Financial Implications of ACOs for Providers

An analysis of the ACO proposed rule focuses on how the program may affect participants and what hospitals should do to prepare. 

By James Reynolds, Daniel Roble

 

Web Extra: Read the authors' thoughts on why accountable care organizations are so important to the Centers for Medicare & Medicaid Services

 

Report Data Identify Risk Areas for Improper Payments

Report data from the Program for Evaluating Payment Patterns Electronic Report are a useful tool for hospitals to enhance compliance efforts and strengthen processes. 

By Robert Corrato

 

Accountable Clinical Management: An Integrated Approach

Under a new integrated approach to clinical management, finance managers participate with clinicians in a team-based approach to ensure their organizations deliver high-quality, cost-effective care. 

By David Potash

 

Telling the Data Story the Right Way

Engaging physicians' performance measurement can help improve service line margin. 

By Stephanie Alexander, Colleen Vetere

 

Preparing Your Organization's Training Program for  ICD-10

Hospitals should understand how to assess their ICD-10 readiness, train staff, and predict the costs of converting to this new system. 

By Katie Carolan, David Reitzel


Focus Areas

Accounting

A Medical Malpractice Understanding to FASB ASU No.2010-24

FASB Accounting Standards Update 2010-24 changes how healthcare entities present medical malpractice liabilities on financial statements. 

By Richard Frese, Patrick Kitchen

 

Cost & Quality

Cutting Hospital Costs Without Cutting Staff

Hospitals seeking to cut costs without compromising care should resist the temptation to lay off staff and instead make it a priority to improve efficiencies. 

By John Ortiz

 

Payment

Medicare Bundled Payment Program: Meaningful Risk and Limited Reward

Hospitals contemplating participation in the Medicare Bundled Payments for Care Improvement initiative should weigh the benefits and risks of participation.  

By Max Reynolds


Columns

From the Chair

Believe in Each Other

 If we believe in the ability of our teammates, our organizations, and ourselves to make a difference in health care, we will deliver in the clutch-when our patients need us most.

By Gregory Adams, FHFMA

 

From the President

Medicare's New Normal   

Dealing with Medicare's "new normal" will be critical for finance leaders during the next decade.  

By Richard L. Clarke, DHA, FHFMA

 

From the Editor

Thank You, Reviewers

The volunteer reviewers who are asked to read and comment on over 500 articles each year deserve thanks for their time and expertise, and for helping the profession fulfill its mission. 

By Robert Fromberg, Editor-in-Chief

 

Eye on Washington

The Physician Value Modifier: Pay-for-Performance is Coming to the Physician Fee Schedule

Hospitals should start thinking about how physician value-based purchasing will influence physician alignment strategies and utilization of acute care services. 

By Chad Mulvany

 

Leadership

Listening: Executive Skill Most Wanting?

Improving listening skills is both a project and a journey, and CFOs who work at improving this essential skill will also be able to make sound decisions. 

By Larry Scanlan

 

Inside IT

Meaningful Tips for Achieving Meaningful Use  

There are still some steps that can be taken to ensure a smooth implementation of and transition to EHR applications. 

By Margret Amatayakul

 

Strategy Challenge

Is a Merger the Answer?

A hospital and health system weigh the feasibility of a merger in a metropolitan area that's the early stage of significant change.  

By Allan Zuckerman

 

Data Trends

Acute Care and Skilled Nursing Industry Trends

 

Etcetera

Member Spotlight: Delivering the Gift of Family

 

Executive Interview

Dean Swindle: Matching Capital Planning with Strategic Vision

 

Publication Date: Monday, October 03, 2011

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