Healthcare Financial Reporting News

A scarcity of rural ICU beds means little revenue amid the COVID-19 resurgence

Half of low-income rural areas lack ICU beds, which is depriving hospitals of revenue during ongoing COVID-19 surges.

By Rich Daly August 4, 2020

Healthcare consumers want information personalized to their situation from health plans

HFMA's Chad Mulvany says patients and consumers need information that’s relevant to their specific clinical situation and out-of-pocket costs for price and quality information to be meaningful.

By Chad Mulvany, FHFMA August 3, 2020

GASB seeks volunteers to participate in ‘field test’ of proposed changes

GASB is seeking volunteer organizations to test new governmental accounting standard rules.

By HFMA staff July 31, 2020

Primary care providers are partnering with employers to form an optimal primary care delivery system

HFMA's Katie Gilfillan says the time may be right for a re-orientation of the healthcare system, where hospitals, physician groups and purchasers of care along with payment models are aligned to support a more patient-centric system.

By Katie Gilfillan July 30, 2020

Hospital groups urge court rejection of ‘unlawful’ charge transparency rule

Hospital advocates highlighted a range of statutory and cost concerns in amicus briefs to an appeals court considering a CMS price transparency requirement.

By Rich Daly July 28, 2020

Why a crisis makes finance-clinical collaboration more important

Crisis, like the COID-19 pandemic, underscores the need for and benefits from better collaboration between finance and clinical leaders of healthcare organizations.

By Rich Daly July 24, 2020

How healthcare providers can help the 5.4 million people that have lost insurance

HFMA's Chad Mulvany says healthcare providers adherence to HFMA's medical accounts receivable resolution best practices can help them increase cash balance yields, avoid negative publicity and treat patients the right way.

By Chad Mulvany, FHFMA July 23, 2020

Everything you wanted to know about the CARES Act PRF but HHS was afraid to answer through July 16

HFMA's Chad Mulvany says taxing for-profit providers’ PRF funding seems counterproductive, counterintuitive and counter to Congress’s intention, and could particularly hurt independent physician practices.

By Chad Mulvany, FHFMA July 22, 2020

Hospitals in COVID-19 hotspots to receive $10 billion more in federal aid \ HFMA

Hospitals in areas heavily affected by COVID-19 will receive $10 billion more in assistance starting this week.

By Rich Daly July 20, 2020

Hospitals worry latest Medicare transparency effort will increase costs

Hospitals have told CMS a proposed expansion of coming transparency requirements would increase their costs and costs of care overall.

By Rich Daly July 17, 2020
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