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Learn more about the healthcare finance industry's leading professional association. Find out why our members rely on HFMA as their go-to source for insight and information.
Members have many options for helping them advance their careers. Conferences, seminars, eLearning, certification, and more -- our education and events will keep you motivated.
Strategize for success with the nation's top performers at HFMA's Revenue Cycle Conference (MAP Event) from Sept. 25-27 in Phoenix, Arizona. Register now.
Learn about timely healthcare industry topics and earn CPEs with HFMA live and on-demand webinars. View the latest schedule.
Stay up-to-date in a rapidly changing industry in Fort Lauderdale (Nov.16-18) and Chicago (Dec. 12-14). Register early and save.
Our newsletters offer targeted articles with
technical how-to details and thought-provoking insights from healthcare finance
leaders and industry experts.
The Helen Yerger/L. Vann Seawell Best Article
Award recognizes articles for outstanding editorial achievement in hfm
Information about leading vendors helps your buying decisions.
Forum members can network during live webinars or access a library of past webinars on topics such as ICD-10 implementation, CMS audits, bundled payment, charity care, KPIs, and more.
An ever-expanding collection of spreadsheets, policies, job descriptions, checklists, and more that you can adopt and adapt.
Forum members can submit vexing questions to a panel of experts using our Ask the Expert service.
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Find new employment opportunities or
reach out to qualified candidates.
Distinguish yourself as a leader among your peers and advance your career by earning certification in our healthcare finance programs.
Get an objective third-party evaluation of products and services used in the healthcare finance workplace.
MAP App is a web-based application that helps organizations improve revenue cycle performance based on industry-standard metrics called MAP Keys.
Find suppliers and products in this comprehensive vendor directory for healthcare finance professionals.
Guidance for understanding and communicating about the price of health care.
Transformation toward value-based healthcare is reshaping the delivery of care, patient expectations, and payment structures.
Improve your revenue cycle performance through standard metrics, peer comparison, and successful practices.
One physician organization demonstrates how innovation can result in a substantially better tool for measuring physician productivity.
How can I estimate how many banked illness hours employees might use in the future?
On average, 300-bed hospitals using cost-to-charge ratios overestimate the profitability of orthopedic surgery by $1.2 million a year.
High-performing organizations are leveraging new technologies and implementing efficient and repeatable processes that can balance accuracy with efficiency so cost accounting information is more timely and accurate.
See an example of a cost accounting report that provides year-over-year comparisons of volume, cost, and profitability trends across service lines.
Building an effective costing model that reflects financial and clinical realities requires buy-in and collaboration.
Under healthcare reform, cost accounting requires financial and clinical data integration across the care continuum. The question is not whether to pursue such integration, but how best to proceed.
Finance leaders at UMass Memorial Medical Center share this contribution and total margin scorecard with service line leaders during quarterly actual-versus-budget analyses.
This approach focuses on the direct cost of care and associated overhead, or inefficiency measures. It makes cost data more valuable to all users, whether they are conducting department analysis or putting together strategic plans.
A new metric for measuring total hospital volume, Equivalent Discharges, correlates significantly better with cost than do adjusted discharges—without the same inherent flaws.
What are the accounting rules for posting claim payments since the timing for the payment and remit are not always in sync?
“As a CFO, I need information that is accurate enough to support management decisions, but I don’t want to build a cost accounting system that takes more time and effort to maintain than the value of the information I get out of it,” says Greg Adams.
A lack of good costing data is a barrier to achieving value in healthcare organizations. Learn how to select and implement technologies designed to improve costing.
CFOs should take advantage of key opportunities to achieve cost savings and performance improvement in financial services.
Learning to use existing capacity more efficiently may be the fastest way for hospitals and health systems to generate revenue.
Equivalent acute patient days (EAPDs) are more accurate than adjusted patient days (APDs) for analyzing hospital cost increases over time if inpatient types differ significantly in terms of acuity.
After a technology upgrade, a hospital should take specific steps preempt issues that could lead to decreased revenue.
Costing for physician practices presents unique challenges for hospital finance professionals.
Stopping short of a full-blown cost accounting system, Adventist Health chose a multiple RVU methodology, a hybrid sometimes called activity-based or procedural costing.
Creating a High Performance Cost Accounting Strategy David Blunt, MHA, CHE, CHFP, Director of Decision Support, Glendale Adventist Medical Center Paul Selivanoff, CPA, Vice President -Finance, St. Helena Region Today’s Agenda 1.How to Select the Best Costing Method •Connecting costing method selection to organizational
By using activity-based costing to understand their true costs, healthcare providers can avoid many potential pitfalls that can result from using traditional costing methods.
HFMA's Principles & Practices Board is is working on publishing guidance on the recording of meaningful use payments.
Healthcare Cost Containment Drive down costs while improving quality in a reform environment.
This article was published in The
Best Care, The Lowest Cost: One Idea at a Time, a collaboration of Costs of
Care, HFMA, Yale New Haven Health System, and Strata Decision Technology to
promote an exchange of ideas between physicians and healthcare finance leaders
for creating a high-value healthcare system.
In this Business Profile, Bruce Haupt, president and CEO of ClearBalance, discusses how a patient loan program can increase patient collections, reduce bad debt, and speed cash flow.
In this Business Profile, Jerry Bruno, principal with Deloitte Consulting LLP, discusses the importance of choosing revenue cycle solutions that help an organization meet the challenges of a quickly evolving healthcare environment.
In this business profile, Lane Jackson, a partner in the Grant Thornton LLP Health Care Advisory Services practice, with extensive experience in overseeing system implementations and revenue cycle reorganizations, discusses best practices for elevating revenue cycle performance during an EMR implementation. Grant Thornton LLP is a sponsor of the Large System Controllers Council Affinity Group.
In this business profile, Amy Gross, senior vice president of Key Government Finance, discusses the benefits of private placement transactions to support large-scale financing projects.
In this business profile, Doug Polasky, executive vice president at Xtend Healthcare, explains the importance of having sound workflow processes in a consolidated business office to ensure optimal performance and reduce costs.
In this business profile, sponsored by SSI, Jay Colfer, vice president of sales and marketing, shares how patient access solutions are reversing the trend toward increased bad debt resulting from the rise in high-deductible consumer health plans.
In this business profile of Deloitte Consulting, Matthew Hitch and David Betts explore the potential benefits of elevating the customer experience and outline strategies to change service delivery.
TriMedx helps health systems control costs and uncover savings opportunities by optimizing the clinical engineering function.
Copyright 2016, Healthcare Financial Management Association.
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