Healthcare Finance & Business Strategy News

4 crucial health system responses to the revenue impact of COVID-19

The nation's hospitals and health systems have a critical need to begin preparing now for the long-term financial impacts of the COVID-19 pandemic.

By Timothy E. Kinney October 21, 2020

Long-term effects of missed care get more pronounced as data emerges

Researchers are increasingly concerned that patients are missing both needed care management and early detection of serious illness, which could have long-term cost implications.

By Rich Daly October 20, 2020

How to apply a value equation in setting compensation for specialty providers

An effective value-based compensation system for surgical specialists should not only account for the physician’s service, quality of care and financial performance, but also the extent to which the physician exhibits high standards of citizenship.

By John Rezen, CRCR, MHA, LSSBB October 15, 2020

340B cuts, inpatient-only elimination lead hospitals’ OPPS concerns

Proposed OPPS cuts for 340B hospitals and outpatient payment changes drew the most concerns from hospitals and advocates.

By Rich Daly October 13, 2020

The defining traits of a successful leader-deputy relationship, and how to make it happen

Leaders should understand the vital importance of choosing the right second-in-command.

By Jill Geisler October 12, 2020

The “next normal” and how to get there

Beth Kaplan of Deloitte & Touche discusses how a consistent process of assessment and adjustment can help healthcare organizations get through each phase of the pandemic and beyond. Also, HFMA Community Manager Melanie Binder announces a new Community Callout.

By Erika Grotto October 12, 2020

CMS Administrator Seema Verma receives HFMA’s Board of Directors Award, talks with CEO Joe Fifer

At HFMA's Digital Annual Conference, President and CEO Joe Fifer presented CMS Administrator Seema Verma with the Association's highest honor: the Richard L. Clarke Board of Directors Award in recognition of her outstanding contributions to healthcare in a role that involves oversight of a $1 trillion budget, representing 26% of the total federal budget, and administration of health coverage programs for more than 130 million Americans. Following the presentation, Fifer and Verma had a Q&A session in which she addressed price transparency, the pandemic, and the future of value-based care.

By Erika Grotto October 12, 2020

Q&A: Humana expands value-based payment push

One MA health plan discusses how it’s pushing further into value-based payment and what that means for providers.

By Rich Daly October 12, 2020

How leading health system CFOs are staying agile on the road to recovery

Making strategic decisions in the current environment is difficult, but CFOs are leading their organizations by creating a more performance-based culture and adopting an agile financial planning approach.

By Lesley Weisenbacher October 9, 2020

HHS announces Phase 3 CARES Act Provider Relief Funding

The U.S. Department of Health and Human Services will accept applications for Phase 3 General Distributions of provider relief funds Oct. 5 – Nov. 6.

By Chad Mulvany, FHFMA October 8, 2020
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