COVID-19 continues to play havoc with hospital financials
The U.S. hospitals face two significant pressures through the end of 2020: continuing spikes in COVID-19 admissions and, if the economic rebound falters, a rise in the numbers of patients who are uninsured or insurebd ny public insurance.
Rethinking patient payments and providing a consumer-friendly experience
An innovative healthcare technology company talks about how its technology-fueled billing and payment platform enables a compassionate patient financial experience while efficiently driving revenue into a healthcare organization.
Beyond COVID-19: A guide to economic recovery for health system CFOs
As healthcare CFOs prepare fro the aftermath iof the COVID-19 pandemic, they should adopt a new mindset for addressing strategies around human capital, revenue recovery, cost reduction and capital investment.
How to leverage the telemedicine surge to create a profitable telehealth model
Healthcare finance leaders can help their organizations establish profitable telehealth programs following the COVID-19 pandemic by focusing now on the economic and operational drivers that will determine the success or failure of such programs.
5 high-leverage areas for improving medical group financial performance
By examining five high-leverage areas within medical group operations, health systems can identify improvement opportunities.
Hospitals forecast declining revenues, lower procedure volumes and greater telehealth adoption due to COVID-19
Important learnings from a May 2020 HFMA-conducted survey about the COVID-19 crisis and some of the trends healthcare organizations are seeing.
3 objectives for an innovative and practical revenue cycle work-from-home program
To develop a sustainable remote-work policy for revenue cycle staff, healthcareganizations must address concerns about staff morale, team cohesion and protection of cash flow.
Make your cloud transformation endure: 5 steps for a lasting enterprise cloud strategy
A strategy-focused article about implementing a cloud-based enterprise resource planning (ERP) solution, which focuses on the role of planning, teamwork, communication and continuous performance monitoring.
HFMA’s Region 5 raises more than $17k for Charleston, South Carolina, nonprofit, Amor Healing Kitchen
HFMA’s Region 5 came together during the Southeastern Summit to donate $17,320 to Amor Healing Kitchen, a Charleston nonprofit, which serves freshly cooked food to people with cancer or other illnesses.
Enhanced care coordination provides a blueprint for optimal healthcare, former VA Secretary David Shulkin says
The U.S. healthcare system will thrive if leaders and policymakers take steps to promote holistic care and better access, says David Shulkin, MD, former secretary of the Department of Veterans Affairs.