Blog | Payment Reimbursement and Managed Care
HFMA's Chad Mulvany says it is likely drug manufacturers will sue to stop the rule, and they may have several strong legal arguments that would at least delay, if not overturn the rule.
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Healthcare organizations participating in the 340B Drug Pricing Program should self-audit of their compliance with the program to ensure its ongoing success and effectiveness.
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Fact Sheet | Payment Reimbursement and Managed Care
HFMA presents a detailed summary of a final rule published by CMS in the November 12, 2020, Federal Register, requiring health plans to make an online price transparency tool that provides cost sharing and other information available to the...
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Co-owning Margin

On-demand sessions from the June 26th Digital Annual Conference.

HFMA members who attended any of HFMA's 2020 Digital Annual Conference dates can now access on-demand webinars of each session to watch at their convenience.

On Demand Webinar | Overview | Financial Leadership

What's your (new) financial persona?

Where do you fit when looking at diversifying future revenue streams: Do you lean toward a defensive position - reverting to your core business; or an offensive position - focusing on growth strategies that will generate new and diversified revenue streams and capture margin? This challenge has taken on a new urgency in a post-COVID-19 economy. In this session, you'll explore potential paths for organizational recovery that depend less on traditional core revenue streams. Rather, you'll be challenged to think about co-owning margins with new partners and solutions, examine what it would take to capture the equivalent NPR from strategic diversification, and create a framework for the future that is metric as well as outcome-based.


Original Live Date: HFMA Digital Annual Conference (6/26/2020)

On Demand Webinar | Overview | Financial Leadership

The Business of Caring: Increasing Value Through Outcomes-Based Staffing

The linkage between nursing care and patient outcomes is widely accepted, yet it is often difficult to achieve an evidence-based allocation of nursing resources that is understood and accepted by all. Join representatives from HFMA, AONL, and ANA in an exploration of the evolution from conventional, quasi-adversarial nursing/finance working relationships to patients-first interprofessional collaboration. Walk away with a collaborative action plan to improve nursing resource allocation and thereby improve the value of care that patients receive. 


Original Live Date: HFMA Digital Annual Conference (6/26/2020)

On Demand Webinar | Basic | Financial Leadership

Reducing Cost by Eliminating Waste

Learn about strategies to evaluate waste versus cost with the patient experience in mind. You'll learn about Virginia Mason's areas of focus that have contributed favorably to the health system's margin. 


Original Live Date: 6/26/2020)

On Demand Webinar | Intermediate | Costing and Managerial Accounting

It Takes a Community: Understanding Cost with the L7 Model

Standard cost accounting using ratios of cost to charges (RCC) offers minimal value. In this session, you'll explore the framework for assessing your current cost accounting methodology, understanding the accuracy of your cost data, and benchmarking against peers with the HFMA-Strata L7 Cost Accounting Adoption Model. Panelists from provider organizations will review their organizations' experience accessing accurate cost data by using advanced cost accounting, as measured by the L7 model. 


Original Live Date: HFMA Digital Annual Conference (6/24/2020)

On Demand Webinar | Advanced | Financial Leadership

Effective Management of Physician Subsidy Levels

This session will present an effective process for assessing physician financial performance from an operational strategic standpoint. The speakers will share a defined process to manage physician financial performance, including how to use cost accounting concepts to establish and manage appropriate operating budget results as well as how to use ROI concepts to assess and monitor strategic benefits in comparison to subsidy loss levels.


Original Live Date: HFMA Digital Annual Conference (6/26/2020)

On Demand Webinar | Intermediate | Financial Leadership

Why you should replace adjusted discharges

The use of adjusted discharges as a metric of output to assess facilitywide productivity and efficiency is flawed and leads to invalid conclusions. It does not account for the increasing volume and complexity of outpatient procedures. During this session, Providence St. Joseph Health System will share how it effectively uses equivalent discharges and demonstrate why this metric is better suited to health systems.


Original Live Date: HFMA DIgital Annual Conference (6/26/2020)

On Demand Webinar | Intermediate | Financial Leadership

Maximum Payment Adjustments: Best Practices in Quality Reporting

With a focus on small and rural practices, you'll learn some of the "behind the curtain" insights into the Quality Payment Program (AKA MACRA) and explore what goes into achieving an exceptional performance score. Topics will include quality measures selection and performance management, promoting interoperability performance improvement, and improvement actvities selection and compliance.


Original Live Date: HFMA Digital Annual Conference (6/26/2020)

On Demand Webinar | Update | Financial Leadership

Into a Brave New World: Health System Strategy for the COVID-19 Era

This presentation will provide an overview of the major implications of the changing environment for health system strategy, with a particular focus on how broader consumer-focused trends, already in motion, will be impacted in the aftermath of the pandemic. Particular attention will be paid to implications for payer and employer contracting, physician alignment, and consumer engagement.


Original Live Date: HFMA Digital Annual Conference (6/26/2020)