Beyond compliance: Healthcare CFOs face many situations in which ethics can guide decision-making
From deciding on capital allocations to collaborating on efforts to reduce waste, healthcare CFOs have many opportunities to set a tone that influences behavior throughout their organizations.
Healthcare thought leaders explore ways to address the nonmedical issues that affect health
New levels of engagement and collaboration are needed to address the nonmedical factors that impact people’s health, according to a report published by the Healthcare Financial Management Association.
How healthcare providers can conduct a consumer-focused pricing strategy
The growth of consumerism in healthcare has made it imperative for healthcare providers to develop a pricing strategy that can help them achieve a competitive advantage among consumers in their markets.
Strategic Financial Planning Winter 2020 Issue
Read the following articles featured in the Winter 2020 issue of Strategic Financial Planning newsletter. Download a PDF of the issue. Innovation and disruption Innovation in hospitals can “turbocharge” advances Ed Avis Once healthcare leaders learn innovation processes and understand the tools used by peers, they can apply innovation anywhere in your organizations. Contracting How to use…
Staking a claim in home-centered care: A partnership-based strategy
A home-centered strategy can help manage costs under value-based payment structures, increase patient satisfaction and manage total cost of care.
Population health initiative seeks special community status
The governance of Healthy Aurora seeks to equalize decision-making by uncoupling the amount of financial contribution/investment from decision-making authority.
Physician pay increased but productivity remained stagnant in 2018
Medical specialties saw an increase of 1.9% in median wRVU production over last year’s survey.
Bipartisan policy group aims to slash hospital budgets
A group of policy advisers, researchersa nd politicians are urging a range of measures to cut spending on hospitals.
Corporate social responsiveness regardless of tax status
A single organization can engage in both corporate social responsibility, driven by compliance with laws, regulations and norms, and corporate social responsiveness, driven by organizational vision, mission and values and often framed as the “right thing to do.”
Healthcare leaders view care coordination as an increasingly vital investment, survey finds
An HFMA survey of healthcare finance leaders found varying approaches to care coordination payment mechanisms, infrastructures and strategies for generating an ROI.