HFM Magazine: Winter 2022

Optimize the cost effectiveness of health through prioritizing the patient experience

Read up on various strategies from several health system executives, including taking full advantage of EHR, reducing expenses, improving patient experience and so forth.

HFMA December 1, 2022

Conserving capital expenses through clinical asset reallocation

Michelle Brandt is vice president of physician, ambulatory contracting & credentialing at MedStar Health in Columbia, Maryland About TRIMEDX As an industry-leading, independent clinical asset management company, TRIMEDX helps healthcare providers transform their clinical assets into strategic tools, driving reductions in operational expenses, optimizing clinical asset capital spend, maximizing resources for patient care, and delivering improved safety & protection. This published piece is provided solely for informational purposes. HFMA does not endorse the published material or warrant or guarantee its accuracy. The statements and opinions by participants are those of the participants and not those of HFMA. References to commercial manufacturers, vendors, products, or services that may appear do not constitute endorsements by HFMA.

HFMA December 1, 2022

Revenue cycle technology budgets rise to meet need for automation, AI and robotics, says new survey

See five areas where there is room for additional automation according to respondents in a recent survey. Also read about using AI in the revenue cycle and the benefits it brings hospitals and healthcare systems such as dealing with staffing challenges, dwindling margins and increased denial rates.

HFMA December 1, 2022

A taxing opportunity for brave nonprofit health systems

Smart nonprofit health systems should pay their local, state and federal taxes as though they were for-profit companies.  You did just read that. I contend that it makes business sense for leading nonprofit health systems to pony up and pay taxes. In the long run, health systems that start paying taxes will create a new…

David W. Johnson November 28, 2022

How healthcare organizations can take the lead in the nation’s quest to improve health equity

Improving health equity in the United States is a challenge that is beyond the ability of the healthcare to meet on its own. But many of the ways our healthcare system currently operates exacerbate health inequity — and that is a problem we can cure.

Richard Jackson August 16, 2022
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