Finance and Business Strategy

Innovation is a common theme among hfm’s 2021-22 Best Article Award winners

August 31, 2022 9:25 pm

HFMA is pleased to recognize three articles published in hfm as the fiscal year 2021-22 winners of the Helen Yerger/L. Vann Seawell Best Article Award for outstanding editorial achievement.

The articles share in common a focus on innovation. Three runner-up articles also explore innovative solutions to industry challenges.

The award-winning articles were selected by a panel of five leaders in the healthcare industry who review all expert-reviewed articles published in hfm. Articles are judged and scored on the writers’ demonstration of technical quality and writing skills and contributions to the literature of healthcare finance professionals. 

Best Article | September 2021 hfm

‘Weighing the feasibility of an LLC-owned retail pharmacy enterprise’

Nathan Hagen, PharmD, MS
Iam MacDonald, MBA, MHA

Summary: The University of Utah Hospitals and Clinics in Salt Lake City performed research to assess the feasibility of moving its 340B covered-entity pharmacy enterprise to a Limited Liability Corporation, with a focus on risks that should be factored into the decision. The researchers described their approach to help inform the efforts of other organizations considering such a move. 

Linda Tyler, PharmD
Nancy Nickman, PhD, BS Pharm, MS

 

Best Article

Best Article | Winter 2021 hfm

‘Healthcare venture investing: How to succeed in a white-hot market’

David G. Anderson, PhD
Mary Jo Potter

Summary: Even as the world was confronting the COVID-19 pandemic in 2020 and 2021, the U.S. healthcare venture market was exploding. The authors of this article reported findings and recommendations based on their research into this trend and the forces driving it. The research led them to identify four critical success factors that today’s strategic investors should keep top of mind.

Dudley E. Morris

Best Article

Best Article | April 2022 hfm

Liz DeForest

‘How to future-proof your travel nurse and clinician staffing’

Summary: Nursing and clinician staff have long faced pressures, exacerbated by the pandemic, that have caused many of them to experience burnout and, in some cases, to leave the profession. This article tells the story of how Trinity Health in Livonia, Michigan, developed an innovative in-house travel staffing approach that would address these concerns and promote increased nursing staff engagement with its health system.

Runners up for Best Article

Summer 2021 hfm

‘Physicians and finance: Managing the differences is critical to building clinical value’

  • George Mayzell, MD
  • Steven Berger, FHFMA
  • Doug McKinley, PsyD 

Summary: To work together effectively, finance and clinical leaders must not only understand but also acknowledge and value the benefits to be gained from their different perspectives on what constitutes success.

March 2022 hfm

‘Revenue cycle staff shortages push leaders to adapt quickly’

  • Lisa Eramo, MA

Summary: The pandemic-driven workforce shortage is leading to significant changes in revenue cycle management operations at many hospitals and health systems.

October 2021 hfm

‘Home-based care is ripe for innovation and implementation post COVID-19’

  • Bonnie B. Blanchfield, CPA, ScD 
  • Lindsay E. Jubelt, MD
  • Gregg S. Meyer, MD, MSc

Summary: Despite the havoc the COVID-19 pandemic created for hospitals, it also created an opportunity for many important lessons learned on how care can be delivered more efficiently and cost effectively in patients’ homes.

 

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