How healthcare organizations navigate claims processing
View the results of a survey about claims processing and revenue cycle performance conducted with more than 625 healthcare leaders.
Leveraging extensible technology to create consumer-centric healthcare ecosystems
Implementing new technologies can eliminate tedious tasks and open the door for more impactful work as well as provide patients with easier access to convenient scheduling, registration and billing options. Dive into this roundtable for additional insight on technologies progressing the industry.
Healthcare providers seeing more diagnosis-related group downgrades and ghost denials
Each year, tens of millions of medical claims will be denied by healthcare payers. One executive director led a session with more than a dozen attendees highlighting their experiences with DRG downgrades and lessons learned to help other organizations better measure, manage and successfully appeal these complex denials.
Marcus Whitney: Banking struggles are limiting healthcare innovation
T here has not been much ado in the healthcare world about the failure of Silicon Valley Bank (SVB), but maybe there should be. Once considered the go-to bank for startups, SVB was the target of a bank run March 9 driven by news of their held-to- maturity bonds being underwater, and it was taken over by…
Mayo Clinic CFO Dennis Dahlen preparing for his year as HFMA’s National Chair
After several decades spent making an impact at the healthcare organizational level, Dennis Dahlen is moving into a prime position to use his expertise for the benefit of stakeholders across the industry. The opportunity could not come at a more important juncture. The urgency is reflected in Dahlen’s theme for the new fiscal year, which…
Joe Fifer: A key takeaway from my long career
My last column. I have rewritten it dozens of times in my head. I couldn’t settle on a thought or a theme that seemed appropriate. Then I remembered the HFMA board dinner with Sue Petru, a past National Board member. The occasion was our winter board retreat in Tampa this year. It’s our custom to invite…
Inside HFMA: 100,000th member reflects on value of HFMA enterprise membership
For LaTasha Bowen, membership in HFMA is synonymous with opportunity — but it’s an opportunity she might not have received without the Association’s enterprise membership program. Bowen is revenue cycle manager for Hughston Clinic, a Columbus, Georgia, medical group specializing in musculoskeletal disorders. While the clinic had been part of HFMA’s MAP Keys program for…
Ann Jordan named HFMA’s new president and CEO
Ann Jordan, JD, begins her tenure as HFMA’s new president and CEO on June 6, becoming the first female executive at the Association’s helm during its 77-year history. “This is an incredibly dynamic time for healthcare finance professionals,” said Jordan in an April 5 news release. “I am honored for the opportunity to join HFMA…
Ken Perez: 3 strategic options hospitals can use to repair today’s negative margins
The year 2022 has been characterized by some economists as being the worst financial year for U.S. hospitals in decades as expense growth has outpaced revenue increases. As a result, many hospitals and health systems have a pressing need to launch initiatives that can effectively repair their negative operating margins.a Labor shortages and inflation demand…
6 actions for physician practices on signing risk-based contracts
Physician practices are continuing to make the move into value-based payment, and for many, such contracts will present a substantial learning curve.