HFMA

Managing the healthcare revenue cycle is more challenging — and more critical — than ever. Amid sluggish margins, ongoing staffing challenges and rising costs, providers feel unprecedented pressure to optimize their revenue cycles. Addressing the ever-increasing issue of denials is a great place to begin. The latest data on denials and proven strategies to reduce…

HFMA presents a detailed summary of the CY 2025 proposed rule updating payment rates for home health agencies.

Learn about how Provider Practice Benchmarking allows medical group leaders to directly measure their performance across more than 150 physician and advanced practitioner specialties in a number of areas from a single reporting platform.

While healthcare organizations rely on native EHR functionality for certain revenue cycle management (RCM) tasks, they increasingly look to third-party solutions for others. But what questions should they be asking? Check out key takeaways in this research report.

UChicago Medicine discovered that they are ahead of other healthcare institutions in their use of AI for revenue cycle, and they are focusing on using AI to strengthen business outcomes, supporting a culture of AI innovation, implementing a governance framework, and measuring and optimizing performance.

Healthcare leaders understand that the quality of their organization’s revenue cycle is directly reflected in its bottom line. However, it is also reflected in quality outcomes and patient satisfaction scores. Inefficiencies in eligibility, coverage, prior authorization and other revenue cycle processes can lead to delays in care and surprise patient bills, in addition to poor…

(Las Vegas) June 27, 2024 — The Healthcare Financial Management Association (HFMA) presented its highest achievement award, the Richard L. Clarke Board of Directors Award, to CMS Deputy Administrator and Director of the Center for Medicare and Medicaid Innovation (CMS Innovation Center) Elizabeth Fowler, Ph.D., J.D., today during HFMA’s annual conference in Las Vegas. The…

Las Vegas (June 25, 2024) – The Healthcare Financial Management Association (HFMA) today during its annual conference inducted former KPMG LLP Partner Marc B. Scher, FHFMA, CPA, into office as its National Chair, effective June 1, 2024. Scher, a highly respected leader in the healthcare finance sector, brings nearly 40 years of experience and a…

Las Vegas (June 24, 2024) – The Healthcare Financial Management Association (HFMA) announced the 2024 winners of the MAP Award for High Performance in Revenue Cycle, including four integrated delivery systems, five hospital systems, three individual hospitals, two critical access hospitals and three physician practices. HFMA’s MAP Award for High Performance in Revenue Cycle recognizes…

(Las Vegas) June 24, 2024 — The Healthcare Financial Management Association (HFMA) presented its highest achievement award, the Richard L. Clarke Board of Directors Award, to Richard J. Pollack today during HFMA’s annual conference in Las Vegas. Pollack serves as president and CEO of the American Hospital Association (AHA), a position he has held since…