Enterprise Risk Management

Rising risk due to COVID-19 requires a nimble response from health systems

The factors that define risk in healthcare have markedly changed with the pandemic, creating a need for healthcare executives to evaluate and update existing strategies and operations to address emerging areas of risk that previously had not commanded their attention.

By David Burik March 25, 2021

Healthcare News of Note: Hospitals await disbursement of remaining COVID-19 relief funds

Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles, including hospitals waiting on COVID-19 relief funds, HHS postponing implementation of the SUNSET rule and confirmation of a new HHS assistant secretary for health who is the first openly transgender person to be confirmed for a position by the Senate.

By Deborah Filipek March 25, 2021

Healthcare News of Note: Halting elective surgeries in early 2020 cost hospitals $22.3 billion

Healthcare News of Note for healthcare finance professionals is a roundup of articles from the past week, including hospitals’ loss of revenue from halting elective surgeries, what healthcare providers want Biden to focus on and a new survey on physician burnout.

By Deborah Filipek February 28, 2021

iVita Financial: Reducing bad debt while improving the patient financial experience

Gain insight into a program that improves patient collections, accelerating cash flow and shrinking bad debt, while boosting patient satisfaction and enabling a more patient-centric service experience in this business profile.

By HFMA February 26, 2021

hfm Magazine: April 2019

  Cover Story Mastering Risk: How Healthcare Organizations Can Tap into the Power of Enterprise Risk Healthcare organizations should adopt enterprise risk management, a coordinated approach to managing risk that looks at how each area of risk affects the organization’s operational and strategic plans. By Marti Arvin, JD   Web Exclusives States look to Medicare-based…

By HFMA February 12, 2021

Amid ‘dire’ losses, some eye restart of hospital elective surgeries

As hospitals' financial losses mount, guidance emerges on restarting elective surgeries.

By Rich Daly January 22, 2021

Why the internal audit function serves as a bulwark against risk for healthcare organizations

Internal audit is a risk-management function that becomes increasingly important for hospitals and health systems in times of crisis, such as the COVID-19 pandemic.

By Eric C. Reese, PhD January 22, 2021

Climate Change: Could it give rise to the next viral disease outbreak?

Health systems should continue to be be cognizant of the potential risks they face from global warming, which include not only more violent and frequent storms but also increased vulnerability within their areas to mosquito-borne diseases.

By Eric C. Reese, PhD December 18, 2020

CMS’s latest guidance for healthcare organizations on the new coronavirus

The HFMA editorial team will continuously post the latest announcements from the Centers for Medicare & Medicaid Services (CMS) related to the COVID-19 outbreak.

By HFMA November 16, 2020

Unlocking the value in your medical devices can reduce costs and risk

A few leaders from one company review the ways their company provides financial savings for healthcare organizations — both operational savings and decreased capital spending on clinical assets — while reducing risk and improving provider and patient satisfaction.

By HFMA November 5, 2020
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