The following newsletter is a hypothetical example of how you might select and lay out your stories in an e-newsletter format, based on the HFMA Express News format. Your newsletter will be different, based on the needs of your readers, layout choices that you make, and the identity of your chapter. The goal of this model is to provide some tips about content and layout, but also to show just how easy it can be to create an effective chapter newsletter. For each of the news stories, the source is listed for your reference.
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ARIZONA HFMA NEWSBREAK

The Latest News for HFMA's Arizona Chapter

www.azhfma.org

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February 3, 2002

In this Issue:


CHAPTER NEWS

1. Jane Smith Presents Keynote at Arizona Chapter Conference

2. APC Strategies and Brownies

3. Welcome to New Members

4. Kudos to Chapter Members
 

STATE OUTLOOK

5. Healthcare a Highlight of State Budget Squeeze

6. Preliminary Notice of Outpatient Hospital Rate Changes Issued
 

HFMA NATIONAL SCENE

7. Deadline for Hospital Wage Index Change Approaching

8. More Sarbanes-Oxley Implementing Regs Proposed

 

CHAPTER NEWS

1. Jane Smith Presents Keynote at Arizona Chapter Conference

Jane Smith, Assistant Secretary of Arizona's Department of Health and Human Services, will offer her views on the challenges facing providers in the face of a tight state budget. Other sessions will highlight new approaches to revenue-cycle management, strategies for creating a more efficient workforce, and tips on improving liquidity. The conference will be held on February 15, 2003, at the Phoenix Sheraton. For more information and to register, visit: [include link]

2. APC Strategies and Brownies

The Arizona HFMA Chapter, in collaboration with Memorial Hospital in Tucson, will host a brown-bag lunch discussion of strategies for successfully navigating ambulatory payment classifications (APCs) on March 10th. The discussion will give participants an opportunity to share strategies for APC compliance through improved data, denial, and staff management, among others. The Arizona Chapter will supply the desert. The discussion will take place at 11:30 AM at the Jones Conference Room in the east wing of Memorial Hospital at 123 Medical Road, Tucson. For more information and to register, call 555/123-4567 or visit: [insert link]

3. Welcome to New Members

HFMA's Arizona Chapter is delighted to welcome three new members:

•Susan Harrison, Director of Patient Financial Services at Bayside Hospital in Freemont
•Bill Ford, Patient Accounts Manager at Hope Healthcare, Scottsdale
•Sarah Wolfe, Chief Financial Officer at Reed Hospital in Morristown

Please look for these new faces at upcoming chapter events and help make them feel at home!

4. Kudos to Chapter Members!
Among the outstanding accomplishments in our HFMA community this month:

•Mary Stevens was recently promoted from Patient Accounts Manager to Director of Accounting at Harper Hospital in Yuma.
•Jack Adams, CFO at St. Luke's Health System in Phoenix, recently achieved his FHFMA.
•Betty Holmes, Director of Finance at Monroe Medical Center in Scottsdale, published an article entitled "What HIPAA Privacy Means to Hospital Finance" in the December issue of Health Information Management magazine.
Kudos to all!

 

STATE OUTLOOK

5. Healthcare a Highlight of State Budget Squeeze

The National Conference of State Legislatures recently issued its forecast of the top 10 state legislative issues for 2003, noting that state legislators around the country will have a common dilemma this year. Declining revenues and growing demands will cause each of the 50 states to make tough budget choices as they attempt to close an estimated $17.5 billion budget gap in the next few months and craft a balanced budget for what is expected to be a leaner fiscal year in 2004.

One of the top issues was rising health care and Medicaid costs. When the economy goes down, state health care costs go up. Medicaid accounts for about 15 percent of the average state's general fund budget. Increases in health care and prescription drug costs combined with flattening revenue projections will force state legislatures to make tough decisions, especially when it comes to Medicaid spending.

For more information, visit:

http://www.ncsl.org/programs/press/2002/pr021230.htm  

[from NCSL press room]

6. Preliminary Notice of Outpatient Hospital Rate Changes Issued

The Arizona Health Care Cost Containment Administration (AHCCCSA) proposes to recalculate the fee-for-service (FFS) outpatient hospital-specific cost-to-charge ratios (CCRs), using fiscal year end (FYE) 2000 Medicare cost reports and hospital-specific claims and encounters, for services provided on or after January 1, 2003.

The proposed average statewide outpatient cost-to-charge ratio will decrease 6.2% from 34.12% to 31.99%. This decline reflects an overall increase in charges for hospitals in FYE 2000. AHCCCSA is updating these payment rates in order to maintain the equity of the reimbursement system, to more accurately reflect the costs of hospital services provided, and to reflect changes in the cost of providing care.

Written comments should be received no later than 5:00 p.m. on December 31, 2002. For more information and to submit comments, go to:
http://www.ahcccs.state.az.us/PublicNotices/OutpatientRates/Default.asp

[from AHCCCS press release]

HFMA NATIONAL SCENE

7. Deadline for Hospital Wage Index Change Approaching

Hospitals planning on making modifications to their Medicare Cost Report Worksheet S-3 wage data (cost reports for FY00) should note the approaching deadline of February 10. The fiscal intermediaries must receive any revision requests and supporting documentation by this date. The data is used to develop the FY04 wage index values. Hospitals should have received notice from their FIs in December that preliminary wage data was available for review. On January 10, CMS put the preliminary wage data files on their web page at http://www.cms.gov/providers/hipps/ippswage.asp

For more on this issue, see:

October 4, 2002, HFMA Express News http://www.hfma.org/publications/expressnews/archives/Oct_04_2002.htm and the

November 2002 Update, from HFMA Express News
http://www.hfma.org/publications/members_only/Updata/November_2002.htm

8. More Sarbanes-Oxley Implementing Regs Proposed

The latest proposed regulations to implement portions of the Sarbanes-Oxley Act of 2002 were published in the January 17 Federal Register. This proposed rule directs the national securities exchanges to not list any security of an issuer not in compliance with the audit committee requirements of Sarbanes-Oxley, also known as the Corporate Accountability and Accounting Industry Reform Act. Those requirements address:

•The independence of audit committee members;
•The audit committee's responsibility to select and oversee the issuer's independent accountant;
•Procedures for handling complaints regarding the issuer's accounting practices;
•The authority of the audit committee to engage advisors; and,
•Funding for the independent auditor and any outside advisors engaged by the audit committee.
These provisions implement Section 10A(m)(1) of the Securities Exchange Act of 1934, as amended by Section 301 of the Sarbanes-Oxley Act.

The rule can be found at http://www.access.gpo.gov/su_docs/fedreg/a030117c.html  under Securities and Exchange Commission.

To read the Sarbanes-Oxley Act, go to http://thomas.loc.gov/  and search the bill text of the 107th Congress using bill number HR 3763.ENR.
[from HFMA Express News]

ARIZONA HFMA NEWSBREAK is published quarterly by the Arizona HFMA Chapter. Editor: John Smith ([email, phone no.]; Chapter President: Sharon Hopkins ([email, phone no.]. To submit material for NEWSBREAK, please email John Smith at jsmith@xxxx.org.

Copyright 2003, Arizona HFMA Chapter

Publication Date: Sunday, April 11, 2010