Finance and Business Strategy

It’s time to revisit your charity care policy

The cover story in the May issue of hfm focuses on a South Dakota health system that developed a new process to identify charity care patients. In this episode, HFMA Policy Director Shawn Stack discusses why good financial assistance policies and process are essential to patient care.

Erika Grotto April 22, 2024

Three Questions to Ask your RCM Vendor Right Now

All RCM vendors say they take tech, talent, and problem-solving seriously. But do they? Download the white paper to consider some hard-hitting questions.

HFMA April 16, 2024

Enhancing Patient Engagement and Healthcare Operations

This whitepaper presents the exploration of identity-based communication strategies within the healthcare industry to solve issues by prioritizing patient experience and ease of care services in a secure and trusted way.

HFMA April 16, 2024

Hospital Prices Machine Readable File: Build vs Buy Guide

Download this guide to assist you as you run the numbers and study the facts to decide whether or not to build your own MRF(s).

HFMA April 16, 2024

The Payvider Movement Is Here.

This white paper examines how becoming a payvider drives additional revenue as well as strategic value.

HFMA April 1, 2024

BESLER provides thorough Transfer DRG revenue recovery services

Hospitals require clear and simple paths through the challenges posed by changing regulations so they can spend more time and dollars focusing on enhancing patient care.

HFMA April 1, 2024

News Briefs: Providers face trying times  in the first month after the Change Healthcare cyberattack  

Healthcare providers struggled financially and operationally in the first 30 days after a Feb. 21 cyberattack forced the shutdown of Change Healthcare’s claims submission and payment systems, among more than  100 other applications.  As of the week of March 18, parent company UnitedHealth Group had restored Change Healthcare’s payment platform and was reporting progress in…

Nick Hut March 30, 2024

How to keep your balance sheet steady in tumultuous times

The balance sheet contributes significantly to cash flow at most not-for-profit (NFP) hospitals and health systems. Yet few organizations have developed a strategy that reflects the balance sheet’s contributions to financial sustainability. Throughout the operational and financial turmoil of the past few years, many health systems have relied on their balance sheet to compensate for…

Robert Turner March 30, 2024

Hospital finances are on the upswing, but the toll of the Change Healthcare outage is yet to be seen

Note: The second section of this article was updated where noted with a new comment from Fitch Ratings. There is reason to be optimistic about the state of hospital finances, but the impact of the Change Healthcare cyberattack has added uncertainty to the forecasts. Financial metrics for the first two months of 2024 continued to…

Nick Hut March 28, 2024

David Johnson: GoFundMe helps some pay for healthcare, but it’s an awful solution

During the chaotic runup to the 2020 elections, President Trump nominated Judge Amy Coney Barrett to fill Ruth Bader Ginsberg’s vacated seat. On Sept. 26, 2020, Trump held a White House Rose Garden ceremony to celebrate Coney Barrett’s nomination. It became a COVID-19 super-spreader event. At least 11 of the attendees contracted COVID. They included…

David W. Johnson March 25, 2024
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