Bringing the HFMA Code of Ethics to Life
Ethics can and should be practical, and ethical practice begins with knowing and living by the highest standards of an association.
Benchmarking: Moving Beyond a Metrics Beauty Pageant
The true power of benchmarking entails studying how best practice organizations achieve their top performance levels and then takes those lessons learned and adapts them for use by other provider organizations.
MaineHealth Achieves Supply Chain Collaboration Among Member Hospitals
By identifying key supply chain opportunities and process flow issues that needed correction, MaineHealth saved approximately $16 million in 2015, the first year of its overhaul; $27 million in 2016; and more than $34 million in 2017.
Chinese Investment: An Opportunity for U.S. Healthcare Organizations
With a growing middle class and a desire for improved healthcare services, China is becoming a key investor in U.S. healthcare organizations, with the goal of bringing some of their practices and services back home.
Addressing Social Determinants of Health
Recognizing that hunger, housing instability, and other problems make it difficult for people to get and stay healthy, ProMedica is transforming its care delivery model and making substantial investments. The health system is starting with a $50 million initiative to research and address social determinants of health in the communities it serves.
11 Metrics Reveal the Best Strategies For Cutting Outpatient Prices
A scoring methodology is the first step in evaluating outpatient service price reductions without sacrificing financial viability.
The Impact of Tax Reform on Hospital Capital Financing
The Tax Cuts and Jobs Act signed into law in December 2017 is expected to impact interest rates charged by banks to not-for-profit hospitals in direct placements and may steer some refundings to structures involving complex new risks.
Healthcare Challenge Roundtable: Making Price Transparency More Effective
Although health plans may need to take the lead on the issue of price transparency because of their unsurpassed access to pricing data, sustainable solutions will involve significant input from stakeholders across the spectrum.
Healthcare Consumerism Requires Comparable Quality and Cost Data
Provider organizations and health plans can advance the use of cost and performance data to support consumerism, as collaboratives in Massachusetts and Minnesota are showing.
The Impact of Accountable Care on the Revenue Cycle
Implementing value-based payment models requires changes to revenue cycle processes, including a greater focus on making sure claims reflect all services performed.