The stakes are only growing in efforts to improve the cost effectiveness of health, CMMI’s Elizabeth Fowler says
The head of the Center for Medicare & Medicaid Innovation spoke with an HFMA audience about the importance of efforts at the federal level and beyond to improve the cost effectiveness of health.
COVID-19 requires intensified due diligence to understand its impact on the financial performance of health systems
Analyzing a health system’s financial performance is critical when making business decisions for the organization, but performing such an analysis is far from being straightforward for 2020 and 2021.
Bon Secours Mercy Health’s successful merger provides takeaway lessons learned for other healthcare organizations
Two large Catholic health systems — Bons Secours Health System and Mercy Health — initiated a merger in 2018 as a strategy for delivering more cost-effective care to underserved communities amid continued cost pressures and declining payments. Within three years, by using proactive, strategic and transparent communication as the guiding principle for their merger of equals, the combined organizations were able to far surpass the financial and integration goals they had set for the consolidation.
The future of the clinical workforce: Joyce Fitzpatrick, Case Western Reserve University, and Robyn Begley, CEO of the AONL and chief nursing officer of the AHA, discuss challenges in nursing
Joyce Fitzpatrick, a nurse and director of the Marian K. Shaughnessy Nurse Leadership Academy at the Frances Payne Bolton School of Nursing at Case Western Reserve University and Robyn Begley, CEO of the American Organization for Nursing Leadership and the chief nursing officer for the American Hospital Association, discuss the challenges facing the nursing profession.
Cost Effectiveness of Health Report, September 2021
HFMA’s Cost Effectiveness of Health Report, sponsored by Kaufman Hall, is a monthly e-newsletter that will explore ways to ensure healthcare delivery in the United States is not only financially sustainable but also cost effective for all of its stakeholders — including health systems, physicians, health plans and patients. In this inaugural issue of the report, healthcare futurist Jeff Goldsmith shares his perspectives on the need for a focus on improving cost effectiveness of health as a societal imperative.
Why cost effectiveness of health should be the prime point of focus for healthcare
Editor's Note for Cost Effectiveness of Health Report.
Why responding to site-neutral payment risk is imperative for hospitals and health systems
As the likelihood of site-neutral payments increases over a range of services, hospitals and health systems must understand which services are most at risk from these changes and determine how quickly they will respond.
Dr. Rumay Alexander, a nursing educator at UNC-Chapel Hill and leader of diversity initiatives, discusses why “checking the box” on diversity is not enough.
Racial disparities in the healthcare industry have long been an issue, with serious effects on outcomes. In this episode, Dr. Rumay Alexander discusses how the industry can begin to rebuild trust and shares some practical advice about how to build a program around diversity, equity and inclusion.
HFMA’s Fifer, international panelists discuss how to improve investment in health
HFMA President and CEO Joe Fifer participated in an international summit that included a session on bolstering health through appropriate investment strategies.
Cost reporting in the time of COVID-19 could have an impact on hospital payment
The changes due to the COVID-19 pandemic that hospitals must report in their annual cost reports will be pervasive throughout the reported data. Given that CMS and some state agencies use cost reports i9nformation to establish future rates, it is critical that hospitals exercise heightened due diligence in preparing their cost reports throughout the public health emergency.