News

Annual Conference Day 2: Keynote speaker Suneel Gupta expounds on the importance of recharging

Rest and breaks from work should be viewed not as a reward, but as a resource that supports performance, Suneel Gupta, wellness CEO, best-selling author and visiting scholar with Harvard Medical School, told HFMA Annual Conference attendees during Tuesday’s keynote presentation in Las Vegas. “When we look at the science behind human performance, what we…

Paul Barr, MS, MBA June 26, 2024

HFMA Announces Marc Scher as National Chair

Las Vegas (June 25, 2024) – The Healthcare Financial Management Association (HFMA) today during its annual conference inducted former KPMG LLP Partner Marc B. Scher, FHFMA, CPA, into office as its National Chair, effective June 1, 2024. Scher, a highly respected leader in the healthcare finance sector, brings nearly 40 years of experience and a…

HFMA June 25, 2024

Annual Conference Day 1: HFMA, AHA leaders hold forth on the state of the healthcare industry

HFMA’s 2024 Annual Conference began Monday afternoon with HFMA’s Ann Jordan and the American Hospital Association’s Rick Pollack rallying attendees to address the profound challenges and opportunities facing the industry. To start, Jordan, HFMA’s president and CEO, highlighted the conference theme, “A New Frontier in Health.” Frontier is “an exciting and unsettling word that really…

Nick Hut June 25, 2024

17 winners receive the 2024 MAP Award for high performance in revenue cycle

Las Vegas (June 24, 2024) – The Healthcare Financial Management Association (HFMA) announced the 2024 winners of the MAP Award for High Performance in Revenue Cycle, including four integrated delivery systems, five hospital systems, three individual hospitals, two critical access hospitals and three physician practices. HFMA’s MAP Award for High Performance in Revenue Cycle recognizes…

HFMA June 24, 2024

Preventive-services coverage mandate for Affordable Care Act plans remains intact following appeals court ruling

In a decision that could have been consequential for health insurance coverage offered through the Affordable Care Act (ACA) marketplaces, an appeals court limited the immediate impact. The U.S. Court of Appeals for the Fifth Circuit upheld a lower-court ruling that preventive-care mandates for ACA health plans are unconstitutional. But the appeals court said the…

Nick Hut June 24, 2024

Healthcare Financial Management Association Recognizes American Hospital Association President and CEO Rick Pollack for Contributions to Healthcare

(Las Vegas) June 24, 2024 — The Healthcare Financial Management Association (HFMA) presented its highest achievement award, the Richard L. Clarke Board of Directors Award, to Richard J. Pollack today during HFMA’s annual conference in Las Vegas. Pollack serves as president and CEO of the American Hospital Association (AHA), a position he has held since…

HFMA June 24, 2024

Proposed rule to halt credit-reporting of medical debt would have big ramifications for hospitals and other providers

A proposed rule from the Consumer Financial Protection Bureau (CFPB) would curtail the inclusion of medical debt in credit evaluations, potentially shaking up healthcare billing and collections processes. The CFPB framed part of its rationale for the rule in the context of privacy, noting Congress previously limited the sharing of a patient’s medical information in…

Nick Hut June 21, 2024

Congress seeks to keep the momentum going on improvements to prior authorization

Members of Congress are revitalizing efforts to pass legislation that would streamline prior authorization in Medicare Advantage (MA). A bipartisan, bicameral group of legislators reintroduced the Improving Seniors’ Timely Access to Care Act, a bill that unanimously passed the House in September 2022 but did not receive a vote in the Senate. One obstacle at…

Nick Hut June 17, 2024

Hospitals can bring their case on disproportionate share hospital payments to the Supreme Court

The Supreme Court granted hospitals’ request that it hear their appeal about the formula for determining Medicare disproportionate share hospital (DSH) payments, landing the case on the docket for the 2024-25 term. More than 200 hospitals are plaintiffs in the case. A federal district court ruled for HHS and against the hospitals in 2022, and…

Nick Hut June 12, 2024

Health system CEO tells Congress proposed 340B changes would be harmful to organizations like his

A health system executive visited Capitol Hill recently to provide the hospital perspective on the 340B Drug Pricing Program — a viewpoint that increasingly is coming under fire among policymakers. Matthew Perry, president and CEO of Genesis HealthCare System in Zanesville, Ohio, appeared at a House subcommittee hearing June 4 to give insight on why…

Nick Hut June 10, 2024
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