HFM Magazine: October 2022

HFMA member is thankful for the Association’s impact on her life

Candi Powers, a member of HFMA’s West Virginia Chapter, credits HFMA with changing the trajectory of her life after she became a member in 2005.

Deborah Filipek October 24, 2022

An HFMA poll shows CFOs want more collaboration with CIOs

This pulse survey shows that CFO’s need to be included on additional information about the risk assessment of IT spend, prioritization of major initiatives, alignment of corporate goals, expected ROI and more.

HFMA October 19, 2022

No Surprises Act regulations remain a moving target for compliance

Amid all the rules stemming from the No Surprises Act, a looming mandate for providers to send cost estimates to health plans looks like the biggest stress inducer.

Nick Hut October 18, 2022

David W. Johnson: Pizza, productivity and the impact of inflation on healthcare finance

The skyrocketing inflation of healthcare costs over the past decades has considerably reduced the value of healthcare in our country, and waste is largely at the root of the problem. A focus on eliminating healthcare waste is logically needed to foster a better, more productive life for all Americans,

David W. Johnson October 14, 2022

Inflation rattles hospital supply chain and labor pool with no end in sight

Strategies for combatting healthcare’s inflation challenges include partnering with other organizations to obtain supply discounts and boosting worker mental health.

Nancy Mann Jackson October 5, 2022

Inflation threat leads hospital investment managers to proceed with caution

The emergence of price inflation is giving health systems trouble beyond rising supply and wage expenses in the form of negative investment returns and higher borrowing costs.

Nancy Mann Jackson October 5, 2022

New IDS merger aims to improve value and access for its communities

A case study of a merger of two health systems in the Pacific Northwest exemplifies a shift in focus among health system mergers toward creating transformative partnerships aimed at improving value and overall cost effectiveness. The authors recount steps that the new merged integrated delivery system (IDS) has taken to realize the merger’s primary goals.

Tom Kruse October 4, 2022

Lisa Goldstein: Environmental, social and governance issues gain prominence

Environmental, social and governance issues have long been concerns of hospitals and health systems, but they may require a more formal strategy as these issues gain prominence among investors, accreditation groups and other stakeholders.

Lisa Goldstein October 3, 2022

Why addressing unexplained variations in care should be a healthcare system priority

Healthcare researchers believe Medicare could save $2 billion by using a cheaper drug for retinal disease, but some physicians don’t want to switch.

Lola Butcher October 3, 2022

Joe Fifer: Why finance leaders should be consumer-obsessed

HFMA President and CEO Joe Fifer offers perspectives on how the changing healthcare marketplace impacts legacy healthcare stakeholders.

Joseph J. Fifer, FHFMA, CPA October 2, 2022
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