HFMA

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HFMA

Latest Work

Harnessing automation in patient access for revenue optimization

Patient access is often treated like a stand-alone process instead of a vital part of the revenue cycle puzzle. The truth is that errors during this critical stage of the revenue cycle are often the cause of claim errors, delayed care and denials. In addition, as the first step of a patient encounter, the patient…

HFMA August 30, 2024

Lease administration: The key to reducing business risk and expenses

Your lease portfolio represents one of the largest business expenses within your budget. Download this white paper to learn how to take control of your leases.

HFMA August 29, 2024

2022 Lease Accounting Market Analysis [Healthcare Edition]

In this report, we share findings from our 2021 survey of 500 senior finance and accounting professionals (excluding public companies) about ASC 842 readiness.

HFMA August 29, 2024

Revenue cycle management (RCM): The foundation of healthcare finances

Revenue cycle management in healthcare is the process of tracking revenue from patients, including patient registration, claim submission, reimbursement, and communication with insurance companies, and is essential for providing a positive patient experience.

HFMA August 23, 2024

FAQs about Patient Financial Communications

When is it OK to have financial discussions with patients? A reasonable attempt should be made to have the discussion as early as possible, before a financial obligation is incurred (i.e., before care is provided). Timely discussions

HFMA August 23, 2024

CY 2025 OPPS/ASC Proposed Rule Summary

HFMA presents a detailed summary of the proposed rule issued by CMS updating payments under the hospital outpatient prospective payment system and the ambulatory surgical center payment system for CY 2025.

HFMA August 21, 2024

From Strategy to Operations

This white paper explores the pivotal role of outpatient and ancillary services in addressing these challenges and outlines a strategic revenue approach to change ancillary services from a cost center to a profit center.

HFMA August 15, 2024

CY 2025 Physician Fee Schedule Proposed Rule Summary – Part I

HFMA presents Part I of three detailed summaries of the proposed rule relating to the Medicare physician fee schedule for CY 2025 and other revisions to Medicare Part B policies.

HFMA August 9, 2024

Report: Payer requests for information are slowing reimbursement

Payers are increasingly rejecting claims through requests for information (RFI) that in total serve no purpose other than to delay reimbursement, according to “Death by a thousand requests,” a report from consulting firm Kodiak Solutions. RFI claim denial rates as a percentage of total billed charges climbed to 3.82% in 2024 through May, up from…

HFMA August 8, 2024

Unlock Financial Stability and Growth: The Essential Role of Non-Recourse Patient Financing in Healthcare

Download this white paper to learn how your healthcare organization can utilize non-recourse patient financing as a powerful alternative to traditional collection methods, offering benefits like predictable revenue, reduced bad debt, and improved cash flow.

HFMA August 8, 2024