HFM Magazine: October 2023

Applying AI to revenue cycle management

Three examples of AI applications in healthcare provide insight into how healthcare providers are using the technology today. The organizations are Auburn Community Hospital in Auburn, New York; Banner Health in Phoenix, Arizona; and Community Medical Centers, based in Fresno, California, Addressing RCM staffing shortages: Auburn Community Hospital Auburn Community Hospital, an independent 99-bed rural…

Lisa A. Eramo, MA October 1, 2023

How AI is about to change healthcare 

For executives who have lived through the marketing of such technological developments as big data, the cloud and the Internet of Things, the prospect of taking on the latest hot concept, AI, might not be appealing.  But ignoring AI and all its variations may be a mistake. Although there are different technology solutions being sold…

Lisa A. Eramo October 1, 2023

Risky business: What every CFO should know before taking on risk

As a health system leader, how can you ensure your organization is making the right moves to take on risk in an evolving landscape for payment? Check out a handful of key capabilities to focus on in this article.

HFMA September 29, 2023

PFC USA’s partnership approach ensures healthcare clients tackle regulatory and patient satisfaction issues

Review some tips from a company with 6.5 years of hands-on experience in helping its healthcare clients handle concerns in healthcare such as workforce shortages and a volatile regulatory environment.

HFMA September 29, 2023

New approaches to nonclinical workforce management

Five healthcare leaders in revenue cycle management and patient access share their approach to workforce management in a remote and/or hybrid model and lessons learned along the way.

HFMA September 29, 2023

AMN Healthcare: Providing physician workforce solutions to increase staffing efficiencies and improve the patient experience

This profile highlights how one business oversees more than 3,000 physician recruiting assignments annually and provides details on other resources offered such as the NCQA-Certified Credentials Verification.

HFMA September 29, 2023

Maryland Chapter event focuses on inclusion and equity

There’s growing demand on the healthcare industry to close disparity gaps and ensure health equity. But hospitals and health systems can’t do it alone. Collaboration and partnerships are necessary. And that was the impetus behind the HFMA Maryland Chapter’s 2023 Inclusion and Equity in Healthcare Conference, which took place April 27 at the Reginald F.…

Crystal Milazzo September 29, 2023

Dennis Dahlen: It’s time to stop dragging our feet on generative AI 

Generative artificial intelligence (AI) is a tool that a recent study found is “nearly as good as recent med school graduates” at making clinical decisions, and it’s having a breakout year across industries, a McKinsey analysis shows.1 Yet few healthcare leaders have a strategy for solutions like ChatGPT — and it’s past time to develop…

Dennis E. Dahlen, FHFMA, MBA, CPA September 28, 2023

4 common misconceptions about observation that have revenue implications 

Among the many things that healthcare providers must document, few are as misunderstood and cause as much confusion as observation. Clearly, observation is often required as part of diagnosing and treating a disease or condition. The challenge for providers is that ambiguity and variability in regulatory and contract language create confusion regarding how to record…

Ronald Hirsch, MD, FACP, CHCQM September 28, 2023

Phoenix Children’s selects Michelle Bruhn as new CFO

Phoenix Children’s — Arizona’s only freestanding children’s hospital — recently hired Michelle Bruhn, CPA, as executive vice president and CFO. In the new position, Bruhn will oversee finance, treasury, revenue cycle and managed care contracting as well as be directly responsible for fiscal policy, performance goals and planning. Bruhn most recently served as executive vice…

Crystal Milazzo September 28, 2023
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