Terri Chinn: For hospital CFOs, success comes from understanding payer expectations
Terri Chinn, CPA, a 37-year member of HFMA, and vice president, finance, at St. Mary’s Medical Center in Grand Junction, Colorado, suggests success for her organization comes from its ability promote health in its service area. She has applied her lessons learned as a leader of both payer and provider organizations to financially manage a clinically integrated network, called Monument Health, with the purpose of improving quality and access while reducing cost for its beneficiaries.
Kuchka-Craig and Crowell honored with 2022 Morgan Award
Debi Kuchka-Craig and Jude Crowell were presented with the 2022 Frederick C. Morgan Award for Individual Achievement at HFMA’s Annual Conference in Denver.
2021-22 HFMA Success Award winners announced
HFMA’s 2022 Leadership Training Conference took place April 24-26 in Phoenix. Winners of the 2021-22 Chapter/Region Success Awards were announced.
How healthcare organizations can take the lead in the nation’s quest to improve health equity
Improving health equity in the United States is a challenge that is beyond the ability of the healthcare to meet on its own. But many of the ways our healthcare system currently operates exacerbate health inequity — and that is a problem we can cure.
Jill Geisler: How to navigate the transition from team member to team leader
Being promoted from within can be challenging. Jill Geisler shares how to avoid common pitfalls and successfully transition from team member to team leader.
Leveraging APPs is key to improving a health system’s provider enterprise
Although physicians have historically constituted the vast majority of a health system’s providers, advanced practice providers (APPs) are growing in number and importance throughout healthcare, to the point that what traditionally has been referred to as a health system's physician enterprise is now more aptly called its provider enterprise.
Effective healthcare finance leaders understand more than just finance
Laurence Appel, CPA, FHFMA, and the CFO of University of Illinois Hospital and Health Sciences System — and a 37-year member of HFMA — says it is important for finance leaders to be well-versed in the clinical aspects of the business and its responsibility to meet the community’s healthcare and social needs.
4 proven strategies for optimizing revenue cycle performance
Hospitals revenue cycles can all too often experience denied claims and delayed payment due to outdated manual processes and workflow inefficiencies. Hospital revenue cycle leaders can address these problems with a sharper strategic focus on submitting clean claims, managing denials, applying analytics and outsourcing.
Covenant challenges signal need for healthcare providers to chart a path to sustainability
The possibility that an organization might breach debt covenants is a symptom of deeper problems that require an all-hands-on-deck approach within the organization to get back on a sustainable path.
Hospital success requires a CEoH focus says 27-year HFMA member
Erik Thorsen, CPA, MBA, a 27-year member of HFMA, says successful leadership in healthcare finance requires a focus on the CEoH “triple aim” of patient access, equity and social determinants of health.