HFM Magazine: April 2023

Robert Turner: Avoiding a bond covenant default takes aggressive action from a health system borrower

Not-for-profit hospitals and health systems have faced an increasingly difficult operating environment since inflation began to grow in mid-2021. Last year was particularly hard, beginning with a new wave of COVID-19 infections caused by the omicron variant, and followed by mounting expenses, staffing shortages, rising interest rates and investment losses. As a result, Kaufman Hall…

Robert Turner March 30, 2023

The impact of claims denials on the financial health of healthcare

While their hospitals and healthcare centers have long had to deal with claims denials, the number of denied claims continues to rise and payers are showing little inclination to help solve the problem, according to several roundtable participants.

HFMA March 29, 2023

Best practices for relieving unprecedented cost pressures facing healthcare providers

Due to labor cost increases, inflation, declining Medicare reimbursements and other reasons, health systems across the nation are feeling a new financial strain after the height of the pandemic.

HFMA March 29, 2023

Creating sound strategies to manage compensation and benefits regardless of where your employees reside

No doubt there are significant cultural and financial benefits to supporting continued remote and hybrid work in healthcare, particularly in billing/coding, call center, scheduling and administrative roles. Healthcare, however, faces specific challenges as they seek to demystify multi-state tax rules.

HFMA March 29, 2023

Automation from documentation capture to code: Insights from healthcare finance leaders

Read tips on strengthening return on investment and engagement as well as the role of process automation in navigating the documentation and workforce challenges facing healthcare in this roundtable with hospital leaders.

HFMA March 28, 2023

How to determine appropriate patient status and navigate observation-level care

The financial implications of ensuring appropriate patient status throughout a hospital stay are substantial, so it is in organizations’ interest to enhance the process.

Jeffrey Goode, MD March 16, 2023

Care coordination networks offer path to addressing problems of health inequity

Initiatives to improve access to care and address social determinants of health (SDoH) have been shown to work. To be successful, they need sustained support from all stakeholders within our nation’s healthcare system.

Caitlin L. Murphy, MSPH, February 24, 2023
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