Determining cost of capital can be a tricky matter for not-for-profits
An important question for healthcare finance leaders is, “What is our cost of capital?” The answer to this question, however, is not at all straightforward and ultimately depends on context, with tax exemption possibly hanging in the balance.
3 ways hospitals need to pivot their OR strategy in the wake of COVID-19
To maintain OR procedural revenue in the years following COVID-19, hospitals and health systems require a new surgical services strategy led by physicians and characterized by a focus on ambulatory care, with a strong emphasis on improving the patient experience and overall OR process efficiency.
How health systems can avoid unforeseen obstacles during a merger
When pursuing a merger and acquisition (M&A) transaction, merging parties should engage in intentional integration planning to avoid potential barriers that can dampen new organization's promise. Ideally, integration planning starts with developing a strong business case and continues through the pre-close transition and efforts to combine operations within the new organization.
HHS starts distribution of $24 billion more in COVID grants but rejects one-third of applicants
More than 70,000 providers will share in the latest round of Provider Relief Fund grants, which total $24.5 billion.
Distributed credentialing: The new provider mobility imperative
Healthcare organizations must validate the identity and credentials of all the physicians that deliver care in their facilities, which creates a significant revenue cycle, recruiting and physician relations challenge. New approaches using blockchain and distributed ledger technology offer a way for organizations to collaborate on this process, saving them substantial time and expense.
Financial Sustainability Report: November 2020
The November 2020 Financial Sustainability Report, sponsored by Kaufman Hall, explores the long-term implications for hospitals and health systems of the deferral of elective procedures at the start of the COVID-19 pandemic, and it provides insights into healthcare organizations’ need for consumer-focused strategies. Other topics include 340B compliance and revenue cycle redesign after COVID-19.
Amid some resistance by healthcare workers, COVID-19 vaccine delivery continues to roll out
Amid the early rollout of COVID-19 vaccines, provider organizations are urging reluctant clinicians and other employees to take the inoculation.
For leaders, a trying holiday season is no time for compassion fatigue
As national and global events add to the stress that many already feel during the holidays, leaders can do their part to give team members reason to celebrate.
Hospitals begin to receive first doses of COVID-19 vaccines
Hospitals and other providers that were prioritized in state COVID-19 vaccine distribution plans have begun to receive and administer their first doses.
Reflections on a year like no other for the healthcare industry
HFMA President and CEO Joseph J. Fifer reflects on the unique challenges that 2020 brought and applauds all who stepped up to meet this moment.