Covenant challenges signal need for healthcare providers to chart a path to sustainability
The possibility that an organization might breach debt covenants is a symptom of deeper problems that require an all-hands-on-deck approach within the organization to get back on a sustainable path.
Hospital success requires a CEoH focus says 27-year HFMA member
Erik Thorsen, CPA, MBA, a 27-year member of HFMA, says successful leadership in healthcare finance requires a focus on the CEoH “triple aim” of patient access, equity and social determinants of health.
Using the systems thinking approach to tackle the complex issues of health equity and DEI
Denese Neu discusses how the systems thinking approach can help healthcare organizations organize their health equity and DEI strategies.
Healthcare News of Note: Community health workers can influence better use of healthcare providers among certain populations
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Community health workers promote better use of healthcare providers, $195 billion in medical debt is owed by U.S. residents, and Generation Z is less likely to seek treatment for mental health issues.
Healthcare News of Note: U.S. hospitals performed 106,474 unnecessary procedures on older adults during the ‘dangerous’ first year of COVID-19
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: 106,474 unnecessary procedures were performed on older adults in hospitals early in the pandemic, 55% of patients in rural areas relied on telehealth to receive outpatient mental health and substance use services in March-August 2021, and women and people of color with chest pain wait longer to be seen by a physician.
Healthcare News of Note: Which states offer their residents the best hospital-based healthcare?
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Pennsylvania is the top state for healthcare, most jurisdictions are unprepared for the launch of a new national mental health hotline, and a proposed rule change could fix the ACA’s "family glitch.’"
Women in the healthcare workplace: Hopeful signs and challenges ahead
Gretchen Berlin, a senior partner in the healthcare practice at McKinsey & Company, discusses the firm's 2021 Women in the Workplace report and related research in the healthcare field.
Outgoing HFMA National Chair Tammie Jackson reflects on a year of striving for “Bolder, Brighter, Better”
Tammie Jackson, HFMA's 2021-2022 National Chair, discusses how delaying her tenure due to the pandemic changed the message she wanted to share, how that message was received, and her final thoughts as she winds down her term.
Voice of Experience: Health system success requires focus on cost-effectiveness, says long-time HFMA member
Edward M. Prunchunas, a 47-year HFMA member, shares his insights and observations about the transformation of the U.S. healthcare system over the years and what are the essential leadership components for achieving success as he prepares to retire as executive vice president of finance, treasurer and CFO of Cedars-Sinai Health System.
Cost Effectiveness of Health Report, May 2022
The May 2022 edition of HFMA’s Cost Effectiveness of Health Report includes a conversation with Lance Robertson, former U.S. Assistant Secretary for Aging at the U.S. Department of Health and Human Services Administration for Community Living, on practical ways the United States can begin to meaningfully address social determinants of health. Another article explores considerations for hospitals and health systems regarding the decision to pursue a “hospital at home” strategy, and a column shares perspectives and lessons learned from a 47-year active member of HFMA on the nation’s evolution toward value.