Healthcare News of Note: Average billed charge for complex COVID-19 hospitalizations is more than three times the allowed amount
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: $317,810 is the average charge for a complex COVID-19 hospitalization, the pandemic has had a unique impact on people with disabilities, and transitional clinic care brings posthospitalization benefits for medically complex patients.
South Carolina Chapter tackles critical issue: diversity and inclusion
Danielle Gori, president of HFMA’s South Carolina Chapter, talks about how the diversity and inclusion initiative came about and the chapter’s plans for it.
Focus on thought leadership and better practices: A testament to HFMA’s vision and purpose
From its very inception, HFMA has embraced the idea of thought leadership and professional practice. Major milestones have included the Principles and Practices Board, The Patient Friendly Billing Project, The Value Project and the recent focus on consumerism.
Self-avowed healthcare finance fanatic heads up Mayo Clinic’s HFMA Enterprise Solutions initiative
Praveen Mekala, CHFP, CRCR, MPH, is CFO of Mayo Clinic-Minnesota and interim CFO of the Mayo Clinic Health System. He’s also passionate about healthcare finance. And earlier this year, Mekala found a new way to share that passion with colleagues: HFMA’s Enterprise Solutions membership initiative. Mekala believes the program allows finance leadership teams to both leverage…
Q&A: What healthcare professionals can do to stay safe while traveling and attending live events
Mayo Clinic’s Sean C. Dowdy shares best practices healthcare professionals can use to stay safe while traveling and attending live events, and he discusses what Mayo Clinic’s COVID-19 modeling shows for Olmsted County in Minnesota.
After a long wait, HHS sends out details on the next Provider Relief Fund distributions
The U.S. Department of Health and Human Services announced $25.5 billion in upcoming distributions from the Provider Relief Fund.
Site-of-care payment issues get highlighted by UnitedHealthcare and MedPAC
A new report issued by a leading health plan is the latest sign that hospitals and health systems can expect payers to ramp up implementation of site-neutral payments.
Healthcare price transparency initiatives may fall flat due to systemic factors, expert says
Niall Brennan, a leading expert on healthcare cost drivers, is among the skeptics who doubt the ongoing price transparency push can result in a more efficient system.
Healthcare News of Note: Front-line healthcare workers leaving jobs without having another one lined up, McKinsey survey shows
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: The Great Attrition is a real phenomenon, health systems have been slow to optimize technology, and chronic care is likely to grow telehealth use.
New rule describes the penalty associated with regulations on surprise billing
A new rule from HHS sets forth the maximum penalty for violations of new patient-billing regulations that take effect Jan. 1, 2022.