Key Findings of the HFMA-IMA Initiative
A survey conducted as part of a collaboration between HFMA and the Institute of Management Accountants sought healthcare providers’ perspectives on cost accounting tools for managerial decision-making to assess the state of the industry in this area.
Costing Practices in Healthcare Organizations: A Look at Adoption of ABC
Three surveys, conducted over two decades, provide insight into healthcare organizations’ perspectives on activity-based costing (ABC) and larger industry trends regarding adoption of ABC.
Healthcare Executives Dissatisfied with Cost Transformation Progress
A Kaufman Hall survey found that 75 percent of healthcare executive respondents rate their cost transformation success as average to below average.
Healthcare Cost Containment: October 2017
Subscribers can access the October 2017 issue of Healthcare Cost Containment.
Inflammatory Disease and Diabetes Treatment Top the List of Drug Spending Increases Through 2019
Increased utilization will drive a 10-13 percent increase in drug spending through 2019. The biggest increases will occur in drug spending for inflammatory diseases and diabetic treatment.
Cost Accounting Talent and Resources: The Missing Link to Support Cost Transformation
Cost accounting teams with the time and expertise to accurately and efficiently produce, interpret, and socialize data throughout hospitals and health systems is an investment with huge potential returns.
Not-for-Profit Hospitals Demonstrate Value
The community benefits provided by not-for-profit hospitals outweigh the federal tax revenue that is not collected from these organizations.
Mystery Markups: Medical Supply and Drug Pricing Policies Vary Across Hospitals
Hospital markup policies that set prices for medical supplies and pharmaceuticals can vary significantly across the country, leading to large variances in drug and supply charges.
Ask the Experts: Cost Report for Cardiac Rehab Services
I am looking for assistance with the cost report treatment for our new intensive cardiac rehabilitation service. In most respects, this service operates like a department of the hospital.
Ask the Experts: Payment Posting Schedule
It is my understanding that payments and adjustments must be allocated evenly/individually based on the insurance payment itself. Can you share any documentation that states how payments are to be posted to charges on a compliance level?