Cost Effectiveness of Health

Determining cost of capital can be a tricky matter for not-for-profits

An important question for healthcare finance leaders is, “What is our cost of capital?” The answer to this question, however, is not at all straightforward and ultimately depends on context, with tax exemption possibly hanging in the balance.

Richard Rollo December 17, 2020

3 ways hospitals need to pivot their OR strategy in the wake of COVID-19

To maintain OR procedural revenue in the years following COVID-19, hospitals and health systems require a new surgical services strategy led by physicians and characterized by a focus on ambulatory care, with a strong emphasis on improving the patient experience and overall OR process efficiency.

Jeff A. Peters December 17, 2020

How health systems can avoid unforeseen obstacles during a merger

When pursuing a merger and acquisition (M&A) transaction, merging parties should engage in intentional integration planning to avoid potential barriers that can dampen new organization's promise. Ideally, integration planning starts with developing a strong business case and continues through the pre-close transition and efforts to combine operations within the new organization.

HFMA December 17, 2020

Distributed credentialing: The new provider mobility imperative

Healthcare organizations must validate the identity and credentials of all the physicians that deliver care in their facilities, which creates a significant revenue cycle, recruiting and physician relations challenge. New approaches using blockchain and distributed ledger technology offer a way for organizations to collaborate on this process, saving them substantial time and expense.

John Bass December 17, 2020

Financial Sustainability Report: November 2020

The November 2020 Financial Sustainability Report, sponsored by Kaufman Hall, explores the long-term implications for hospitals and health systems of the deferral of elective procedures at the start of the COVID-19 pandemic, and it provides insights into healthcare organizations’ need for consumer-focused strategies. Other topics include 340B compliance and revenue cycle redesign after COVID-19.

HFMA December 16, 2020

Lessons learned from the transition from volume to value

To effectively transition to value, ACO must fully grasp the success factors that will determine future success under value-based payment, including success with downside risk. A research study examined key organizational, financial, market and other characteristics that support the decision to take on risk.

Bonnie B. Blanchfield, CPA, ScD November 25, 2020

Spillover effects of COVID-19 portend growing challenge for hospitals

Far more attention has been paid to the direct effects of COVID-19 on the healthcare system, including on hospitals, than to its indirect effects on hospitals, which include the impact on care other than COVID-19-related care.

Gail R Wilensky, PhD November 24, 2020

3 steps for executing an effective consumer-driven physician strategy

Physicians and health systems (including hospitals) that collaborate continuously on improving the consumer experience and bringing decisions as close to the consumer as possible will win in the emerging post-COVID-19 world.

Robert A. Dickinson, MBA November 24, 2020

Hospitals face challenge in finding healthcare’s ‘missing consumer’

The COVID-19 pandemic has accelerated demand for more consumer-friendly services and processes. Hospitals should respond by pursuing coordinated, strategic efforts to give consumers better access, experience, pricing and infrastructure.

Paul Crnkovich November 23, 2020

Financial Sustainability Report: October 2020

The October 2020 Financial Sustainability Report, sponsored by Kaufman Hall, explores aspects of healthcare’s transition to value-based payment, including how to pursue a value-based approach to maternity care, and how the transitional approaches differ among hospitals and health systems based on each organization’s unique circumstances.

HFMA November 23, 2020
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