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Transformation toward value-based healthcare is reshaping the delivery of care, patient expectations, and payment structures.
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Creating a Culture for Value Measurement
OSF HealthCare reinvented its performance measurement-and-reporting system and better supported a culture of enhanced transparency and higher-quality care and service.
By Michele Conger, Melissa Knuth, Jody McDonald
Web Extra: Learn how OSF Healthcare used benchmarking to achieve clinical efficiency gains.
Core Competencies for a Changing Healthcare Environment
Learn how organizations can obtain the skills needed to thrive in a transforming industry.
Thomas Lee: The Value of Alleviating Patient Suffering
Thomas Lee of Press Ganey discusses some of the challenges and opportunities that exist in the effort to alleviate patient suffering—and how CFOs can help.By Nick Hut
Improving Clinicians' Access to Cost Data
Empowering clinicians with cost data as part of a business intelligence strategy requires collaboration, education, and the right mix of experts.
By John Kenagy, Ben Shah, Dan Michelson
Web Extra: View a sample report generated by Legacy’s business intelligence system.
Acquisition and Affiliation Strategies
The need to reduce costs, improve care coordination, and prepare for population health management is spurring a new wave of acquisitions and affiliations among healthcare organizations.
Avoiding Revenue Loss Due to 'Lesser Of' Contract ClausesWhen establishing new service charges in a hospital's chargemaster, it is important to be mindful of the potential for lost revenue due to lesser-of-charge-or-fixed-fee clauses in payer contracts.
By Frederick Stodolak, Henry Gutierraz
Calculating the True Cost of Robotic Hysterectomy
When a new surgical method is shown to produce outcomes similar to those of a more established procedure, finance leaders should estimate the opportunity cost associated with the new approach to decide whether it merits adoption.
By Vikram Tiwari, Dan C. Krupka, Warren S. Sandberg
Business ProfileWarbird Consulting Partners: CFO Expertise When You Need It
Spotlight AdvertorialsIntelliCentrics: 10 Things Healthcare Leaders Must Do to Create a Culture of Safety
RehabCare: Did you know your department can successfully appeal more than 40% of its RAC denials?
HFMA RoundtableFront-End Revenue Cycle Strategies for the Post-Reform Era
HFMA Action BriefRevenue Cycle Technology: Key Factors for Choosing a Solution
Determining Who Should Oversee Meaningful Use
If IT is to retain responsibility for the program, it will likely require the support of a strong analyst team.
By Tom S. Lee
Leveraging the Delay in ICD-10
With ICD-10 implementation pushed back a year until October 2015, organizations that were preparing for a 2014 start date may wonder whether they need to adjust their readiness programs.
By Roey Moran, Wayne Cafran, Todd Ellis
From the Chair
Developing a Culture Focused on Value and Change
Finance leaders can help their organizations meet the needs of our country's most vulnerable patients and guide the evolution of our healthcare system.
By Kari Cornicelli, FHFMA, CPA
From the President
The View from 50,000 Feet
It's not often that I talk about joining the global dialogue on health care.
By Joseph J. Fifer, FHFMA, CPA
Eye on Washington
Ensuring Fairness in Medical Account Resolution
There are opportunities to improve both operational efficiency and patient friendliness of hospital revenue cycles.
By Chad Mulvany
Leveraging Mergers or Affiliations to Achieve Transformation
Hospitals and health systems can better navigate the changing healthcare landscape by utilizing different types of alliances, contracts, and other forms of affiliation.
By Keith D. Moore, Katherine M. Eyestone, Dean C. Coddington
Using the Board Quality Committee to Drive the Value Proposition
The hospital board quality committee can provide strategic oversight for quality improvements that also boost the bottom line.
By John Byrnes, MD
A Road Map to Success for ACOs
For ACOs, long-term financial sustainability remains questionable.
By Gregory Kotzbauer, WIlliam B. Weeks, MD, MBA
5 Ways To...
5 Ways to Use Medical Technology Assessments to Reduce Costs
Healthcare leaders should conduct a medical equipment technology assessment to determine where capital investments should be made.
By Jeffery Niederhausen
Costs of Treating Patients Before Transfer to Long-Term Care, 2010-12
Publication Date: Friday, August 01, 2014
Brian Kueppers, founder and CEO, Apex, discusses the importance of a robust patient payment strategy in boosting organization revenue and enhancing patient satisfaction.
Brian Grazzini, CFO, HealthPort, describes the importance of efficient and compliant information exchange and audit management in helping HIM staff spend less time on paperwork and more on mission-critical projects.
Cindy Matthews, executive vice president, Community Hospital Corporation, discusses how rural and community hospitals can use collaborative partnering to position for success through tough market conditions.
Rick Heise, senior vice president, revenue cycle, at Cerner Corporation, discusses the importance of integrating clinical and financial data to excel in health care’s changing payment environment.
Dale Hockel, senior vice president of operations, and Jim Fanelli, CFO, TriMedx, share strategies for elevating clinical engineering through innovative management programs.
Russ Graney, founder and CEO for Aidin, and John Laursen, head of business development for Aidin, share insights on how to improve care transitions between acute and post-acute care settings and incentivize high-quality patient outcomes.
Scott Elston, strategic accounts manager, GE Healthcare Services, describes how substantial cost reduction in health care requires rethinking business strategy and asset use.
Robert Williams, MD, director, Deloitte Consulting LLP, and Arielle Freiberger, product strategist, ConvergeHEALTH by Deloitte, explain how sophisticated retrospective, real-time, and predictive data analytics can inform decision making to reduce costs and improve care.
Stuart Hanson, director of business development (healthcare solutions) at Citi Retail Services, discusses how improving the payment experience can benefit consumers and healthcare providers.
Scott Schmidt, vice president, Cerner RevWorks, LLC, shares insights on best practices for maximizing a revenue cycle management partnership.
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