hfm October 2022

No Surprises Act regulations remain a moving target for compliance

Amid all the rules stemming from the No Surprises Act, a looming mandate for providers to send cost estimates to health plans looks like the biggest stress inducer.

Why addressing unexplained variations in care should be a healthcare system priority

Healthcare researchers believe Medicare could save $2 billion by using a cheaper drug for retinal disease, but some physicians don’t want to switch.

New IDS merger aims to improve value and access for its communities

A case study of a merger of two health systems in the Pacific Northwest exemplifies a shift in focus among health system mergers toward creating transformative partnerships aimed at improving value and overall cost effectiveness. The authors recount steps that the new merged integrated delivery system (IDS) has taken to realize the merger’s primary goals.

Aaron Crane: Today’s workforce challenges are also opportunities

 
HFMA Chair Aaron Crane discusses current workforce challenges and encourages healthcare industry leaders and business partners to look at them as opportunities. 
 

Paul Keckley: 2 major changes in the value agenda require finance leaders’ attention

The value agenda in U.S. healthcare is critical to its future, but there are two key areas in which it is likely to be redirected in years to come.

Jill Geisler: Focus on substance rather than your leadership style

Leadership style labels have been around for decades. Jill Geisler shares why prioritizing substance over style is more helpful and explains what that looks like for today’s leaders.

Ken Perez: What U.S. hospitals and health systems can expect from the 2022 IRA

Passed on Aug. 7, 2022, the Inflation Reduction Act has policy provisions that are significant for providers, but overall, it constitutes a mixed bag for hospitals and health systems.

David W. Johnson: Pizza, productivity and the impact of inflation on healthcare finance

The skyrocketing inflation of healthcare costs over the past decades has considerably reduced the value of healthcare in our country, and waste is largely at the root of the problem. A focus on eliminating healthcare waste is logically needed to foster a better, more productive life for all Americans,

Lisa Goldstein: Environmental, social and governance issues gain prominence

Environmental, social and governance issues have long been concerns of hospitals and health systems, but they may require a more formal strategy as these issues gain prominence among investors, accreditation groups and other stakeholders.

Joe Fifer: Why finance leaders should be consumer-obsessed

HFMA President and CEO Joe Fifer offers perspectives on how the changing healthcare marketplace impacts legacy healthcare stakeholders.

Metro NY Chapter honors Nurse Heroes

HFMA member is thankful for the Association’s impact on her life

CFO transition: Jeff Limbocker succeeds William Woeltjen at Sarasota Memorial

News Briefs: Financial and operational challenges still hamper hospitals 2.5 years into the pandemic

An HFMA poll shows CFOs want more collaboration with CIOs

Rethinking population health management: Why successful risk-based contracting requires provider empowerment

Revecore helps hospitals increase revenue with technology-driven underpayment review and recovery solutions

The CommerceHealthcare® AP Card converts paper-based supplier payments to virtual card payments