HFM Magazine: March 2019

EHR-RCM replacement and retirement economics: Driving ROI through data archiving

When a hospital or health system upgrades or replaces a legacy electronic health record, an important consideration is how best to manage outstanding accounts receivable in the legacy system.

Robert Downey May 29, 2019

Practical tips for maintaining control over the revenue cycle

As evolving market trends shape healthcare payment, providers continue to face real-world, day-to-day challenges that contribute to unpaid claims, unnecessary denials, workflow inefficiencies, and rework. By implementing the recommendations outlined here, providers can obtain the necessary visibility and control over their claims payment processes that can help them not only sustain a healthy revenue cycle,…

Eric Arnson May 23, 2019

Deceased Medicare beneficiary admissions: Accounting for the causes and impacts

Just over 3 percent of Medicare admissions end with the death of the patient. This finding is based on data from fiscal years 2015 through 2017 reported in the Medicare Provider Analysis and Review (MedPAR) file. As would be expected, the time and resources required to treat a beneficiary who is near death and ultimately…

HFMA May 19, 2019

Provider nimbleness required for diverse value-based healthcare models

Many providers are in the throes of implementing strategies for value-based health care. But now they must adapt to an environment characterized by diverse value-based care models, new players, and more data to discern provider value. To weather the next decade, the key attribute providers will need is nimbleness—a challenge in an industry not known…

Theresa Hush May 19, 2019

Strategic Partnerships in An Era of Value

Healthcare organizations are diving into partnership business models to leverage expertise, advanced analytics, and emerging technologies.

Helen Stewart February 26, 2019

Introducing a Road Map for Advanced Cost Accounting

HFMA President and CEO Joe Fifer discusses the new cost accounting model launched as a collaboration between HFMA and Strata Decision Technology.

Joseph J. Fifer, FHFMA, CPA February 26, 2019

The Value of Financial Analytics

Data analytics and business intelligence are essential tools for effectively managing the financial performance of healthcare organizations.

Kevin Brennan, FHFMA, CPA February 26, 2019

Monetizing Data: The Key to Realizing the Value of Data Analytics

Healthcare organizations require data analytics to succeed in the emerging value-focused healthcare environment, and through data monetization, in which they use these assets to create economic value, they can realize the value of their investment in the analytics. 

Stephanie Crabb February 26, 2019

Efforts to Address Surprise Medical Billing Could Yield a Bipartisan Solution

The current political climate could pose a barrier to a solution for Congress solving surprise medical bills from providers outside of patients’ networks through legislation.

Gail R Wilensky, PhD February 26, 2019

How to Achieve a Return on an EHR

Electronic health records can be a useful population health management tool.

Shaillee J. Chopra February 26, 2019
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