State Renews HFMA Peer Review Designation
HFMA announced State has once again achieved the "Peer Reviewed by HFMA" designation for its Healthcare Bad Debt Recovery service.
TruBridge Receives HFMA Peer Review Designation
HFMA awarded TruBridge's Accounts Receivable Management Service the Peer Reviewed by HFMA designation.
Healthcare Leaders Choose Voyant as Startup with Most Innovative Solution for Bending the Cost Curve
Healthcare leaders participating in HFMA’s Digital Annual Conference voted for Voyant Diagnostics as the healthcare startup with the most innovative solution for bending the cost curve. Voyant is developing a diagnostic smart toilet platform that fully automates point-of-care urine testing.
New Directors Join Healthcare Financial Management Association Board
HFMA has welcomed three new members to its board of directors. Colleen M. Blye, CPA, Maureen A. Clancy, FACHE, CPC, and Matthew E. Cox, CHFP, CPA, began their terms on June 1, 2020 and will serve until May 31, 2024.
Healthcare Financial Management Association Releases Lease Accounting Guidance
HFMA has published an issue analysis, "Current Issues and Considerations in Accounting for Leases," to clarify certain accounting and reporting issues resulting from FASB Accounting Standards Update 2016-02, "Leases (Topic 842)," and the GASB Statement No. 87, "Leases," as they apply to the healthcare industry.
AHIP and HFMA work together to offer billing guidance for COVID-19 outpatient services at alternate care sites
America's Health Insurance Plans (AHIP) and the Healthcare Financial Management Association (HFMA) have come together to offer voluntary guidance for how care providers should code and bill COVID-19 care delivered in alternate outpatient settings.
HFMA, HealthEco announce partnership to diversify healthcare revenue streams
HFMA and HealthEco LLC, announced today a strategic partnership to create new business opportunities that will help healthcare systems diversify revenue streams and improve margins.
23 Winners Receive the 2020 MAP Award for High Performance in Revenue Cycle
HFMA announced the 2020 winners of the MAP Award for High Performance in Revenue Cycle, including three integrated delivery systems, five hospital systems, eight individual hospitals, two critical access hospitals and five physician practices.
AHIP and HFMA work together to offer billing guidance for COVID-19 inpatient services at alternate care sites
America's Health Insurance Plans (AHIP) and the Healthcare Financial Management Association (HFMA) have come together to offer voluntary guidance for how care providers should code and bill COVID-19 care delivered in alternate inpatient settings.
HFMA cancels 2020 Annual Conference; launches plan for virtual event
HFMA has announced it is canceling its 2020 Annual Conference and reimagining the event as an online experience. The in-person conference was to be held June 28 to July 1 in San Antonio, Texas.
HELP Financial Receives HFMA Peer Review Designation
HFMA recently reviewed HELP Financial's Patient Financing Solutions using the Peer Review process. After undergoing the rigorous review, HELP Financial's Patient Financing Solutions have been awarded the "Peer Reviewed by HFMA" designation.
Nursing and finance groups announce a fellowship program for senior nurse executives
This innovative program will empower nurse leaders to make health care more patient-centered, cost effective, accessible and quality-driven.
BESLER Receives HFMA Peer Review Designation
HFMA recently reviewed BESLERS's Easy Work Papers product using the Peer Review process. After undergoing the rigorous review, Easy Work Papers has been awarded the "Peer Reviewed by HFMA®" designation
Guidance for improving allocation of nursing resources highlighted in joint report
According to a new report published by HFMA that although the relationship between nursing care and safe, high-quality patient care is widely understood today, it is often difficult for health care leaders to agree on a systematic method for allocating nursing resources.
Patientco Achieves HFMA Peer Review Designation
HFMA recently reviewed reviewed Patientco’s billing and payment platform using the Peer Review process. After undergoing the rigorous review, Patientco’s platform has been awarded the “Peer Reviewed by HFMA” designation.
HFMA announces new event aimed at healthcare financial sustainability
HFMA announced today it is launching an inaugural live event addressing the most pressing challenges facing today’s health system CFOs. The Financial Sustainability Summit will convene healthcare executives from across the country in Denver, April 16-17, 2020.
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.
Healthcare Financial Management Association Receives Innovation Award
HFMA has received an award for innovation from .orgCommunity, a Chicago-based network dedicated to shaping the future of associations.
Ensemble Health Partners Receives HFMA Peer Review Designation
HFMA recently reviewed Ensemble Health Partner's Full Revenue Cycle Outsource services including Facility Patient Access, Pre-Arrival, Health Information Management, Revenue Integrity and Central Business Office services using the Peer Review process.
Holliday & Associates Renews HFMA Peer Review Designation
HFMA today announced that, following rigorous review, Holliday & Associates has once again achieved the “Peer Reviewed by HFMA” designation for its ChargeAssist product, including: CDMAuditor, Price Analyzer, Change Monitor and Ultimate Research Center.
BESLER Renews HFMA Peer Review Designation
HFMA today announced that, following rigorous review, BESLER has once again achieved the “Peer Reviewed by HFMA®” designation for its Transfer DRG Revenue Recovery service.
Healthcare Leaders Chose Papaya as Start-Up with Most Innovative Solution for Bending the Cost Curve
Papaya was voted the healthcare start-up with the most innovative solution for bending the cost curve by healthcare leaders attending HFMA’s Annual Conference in Orlando, which concluded on June 26.
Ann Paul Receives HFMA Individual Achievement Award
HFMA today presented Ann Paul, DrPH, MPH, with the 2019 Frederick C. Morgan Individual Achievement Award, which honors career-long contributions to HFMA and to the healthcare finance profession.
HFMA’s South Texas Chapter Receives Award for Sustained Excellence
HFMA awarded its highest chapter honor—the Robert M. Shelton Award—to the South Texas Chapter during HFMA’s annual conference in Orlando on June 26.
HFMA Recognizes Ken Kaufman for Contributions to Health Care
HFMA presented its highest individual achievement award to Kenneth Kaufman during HFMA’s annual conference in Orlando.
Healthcare Financial Management Association Revises Accounting Guidance Related to Uncompensated Care
HFMA has published a revised version of Statement 15, “Valuation and Financial Statement Presentation of Charity Care, Implicit Price Concessions and Bad Debts by Institutional Healthcare Providers,” to reflect changes in bad debt reporting resulting from the Financial Accounting Standards Board (FASB) Accounting Standards Update 2014-09, “Revenue from Contracts (Topic 606),” a cross-industry update.
HFMA Adds Digital Credentialing to Certification and Certificate Programs
HFMA, with a partnership with Credly, is enhancing its prestigious suite of healthcare financial credentials with the introduction of digital badges.
EPSi Partners with HFMA on ‘Return on Analytics’ Content Series
HFMA has partnered with one of Allscripts businesses, EPSi, an industry leader in integrated healthcare decision analytics, budgeting and planning solutions, on an ongoing research and content series focused on analytics to help healthcare finance leaders lead their organizations in executing value-enhancing strategies.
New HFMA Chair Michael Allen and Other Directors Take Office
HFMA today inducted Michael M. Allen, FHFMA, CPA, into office as Chair of its Board of Directors for the 2019-2020 term during HFMA’s annual conference in Orlando.
HFMA Launches New Website, Expanded Online Communities, All-Inclusive Membership Plan
The Healthcare Financial Management Association (HFMA) announced today it has launched a completely redesigned website in support of its new all-inclusive annual membership plan, which includes access to an expanded online communities experience.
20 Winners Receive the 2019 MAP Award for High Performance in Revenue Cycle
HFMA announced the 2019 winners of the MAP Award for High Performance in Revenue Cycle, including three integrated delivery systems, three health systems, seven individual hospitals, one critical access hospital, and six physician practices.
Professional Credit Earns HFMA Peer Review Designation for Fourth Consecutive Year
HFMA today announced that, following rigorous review, Professional Credit has once again achieved the “Peer Reviewed by HFMA®” designation for its Healthcare Collections service.
CareCredit Credit Card Receives HFMA Peer Review Designation
HFMA recently awarded the CareCredit credit card, a leading health, wellness, and personal care credit card, the “Peer Reviewed by HFMA®” designation.
TransUnion Healthcare Expands Relationship with the Healthcare Financial Management Association as an Enterprise Member
TransUnion Healthcare has expanded its relationship with HFMA through an enterprise membership which will be provided to its healthcare associates.
Healthcare’s First Cost Accounting Adoption Model Launched by HFMA and Strata Decision Technology
HFMA and Strata launched the HFMA-Strata L7 Cost Accounting Adoption Model™ , health care’s first roadmap to help healthcare providers access accurate cost data via the use of advanced cost accounting.
Healthcare Finance Conference Will Focus on Using Technology to Improve the Patient Financial Experience
HFMA's Revenue Cycle Conference will explore how technological innovation can improve the medical billing and payment process by streamlining it and making it less cumbersome and less prone to human error.
Healthcare Financial Management Association Releases Revenue Recognition Guidance
HFMA has published an issue analysis, "Revenue Recognition, Including Implicit Price Concession and Bad Debt Considerations, for Healthcare Organizations: Accounting Issues and Trends," to guide healthcare provider organizations as they implement accounting changes resulting from FASB.