The No Surprises Act: How healthcare organizations can create a winning strategy
Find a breakdown of the No Surprises Act in this business profile with an update on four main administrative requirements of the bill and insight to improve hospitals and healthcare systems using technology for future regulatory changes.
Dennis Dahlen: Are states losing patience with the pace of healthcare value transformation?
The pace of state-based regulation and oversight of healthcare providers is accelerating — and it could be an indication that patience is growing thin with federal, payer and provider efforts to improve healthcare value. Across the nation, we’re seeing a growing number of states adopt healthcare affordability boards. It’s a trend that started to pick…
Jill Geisler: 8 ways to lead a team, not a silo
Have you ever worked in an organization where departments or divisions don’t get along well? You might assume it’s caused by old grudges or personality conflicts. But take a closer look. It’s often a leadership issue — and specifically when leaders may have allowed or even encouraged their staff to work as a silo instead…
HFMA member Michael Bumann shares experience as Burning Man medic
Thanks to unprecedented heavy rain, thousands who attended the 2023 Burning Man event Aug. 27-Sept. 4 in Nevada’s Black Rock Desert found themselves literally stuck in the mud. For HFMA member Michael Bumann, it was a transformative experience. Bumann, of Olympic Valley, California, is the founder and CEO of RedDot, a company that specializes in…
David Johnson: Right-sizing physician training? The case for surgical mechanics
American healthcare reputedly confronts a monumental physician shortage. A highly publicized 2021 report by the Association of American Medical Colleges (AAMC) forecasts that shortage to be as high as 180,000 physicians by 2034.a That’s out of a total population of roughly one million physicians. A breathless commentary on the AAMC report by the American Medical Association…
Andrew Donahue: 4 reasons results of the 2024 election won’t matter for healthcare
There is a strange and underappreciated truth at the top of the American political system: Our president is remarkably powerless. Except in the realms of foreign policy, executive agency action and judicial branch appointments, the president’s policy agenda is rarely guided by intention. Rather, it is defined by limitation. Savvy presidents learn quickly that their…
Using data analytics to address SDoH and contain costs
Finding a way to meaningfully address the adverse impacts of social determinants of health (SDoH) has long been a significant challenge for the nation’s hospitals and health systems. Now, leading healthcare organizations are finding new approaches to solving this problem through the innovative use of data and analytics, both internally and in collaboration with other…
How to design a national strategy to end the healthcare workforce crisis
Signs that the United States is in the midst of a healthcare workforce crisis are everywhere: A mounting national problem While exacerbated by the pandemic, the crunch has built for decades. The biggest driver is demographics: By 2029, one in four Americans will be 65 or older, translating into declining labor force participation, including in…
Why autonomous coding is having a moment in healthcare
Autonomous coding is growing in the healthcare industry, and the market is expected to reach $88 billion by 2030, up from $35 billion in 2022. Some expected outcomes of this include: Faster revenue cycle, less human intervention and improved patient satisfaction and care.
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.