Better together: How TPC’s collaborative platform helped members achieve $30 million in revenue cycle improvement
An initiative that incorporates HFMA’s MAP Keys has significantly reduced vendor management costs, enhanced net revenue and strengthened efficiency and performance among 11 collaborating health systems.
Status check on Haven’s ambitious healthcare venture
The healthcare collaboration by Amazon, Berkshire Hathaway and JPMorgan Chase, announced in January 2018, has encountered challenges in the past two years that have caused it to fall short of initial expectations.
Innovating for Minimally Invasive Care
While looking ahead to a post-COVID world, a global technology company focused on minimally invasive care developed a surgical system equipped with data analytics capabilities that can provide organizations with insights to refine robotic-assisted surgery programs.
‘Video Killed the Radio Star’: How will it impact the industry?
COVID-19 has accelerated the use of video in healthcare, but virtual interactions are not likely to completely replace in-person interactions. Nonetheless, the world of healthcare may never be the same as it was before the pandemic.
HFMA issues updated patient bill payment guidelines amid pandemic, public pressure
HFMA recently updated its industry guidelines on billing dispute resolution practices in response to the financial challenges of the pandemic and public pressure.
In a ‘setback,’ hospital margins, volumes decreased
Hospitals' financial recovery took a step backward in August, according to a monthly report.
How to build a resilient not-for-profit healthcare company
To build a resilient organization that can withstand adverse changes to its core business model, leaders should create a foundation for absorbing first shocks of dislocation by breaking the company into three components: an operating company, finance company and investment company.
U.S. stands at the forefront of efforts to develop a COVID-19 vaccine
Given the importance of finding a vaccine to stem the spread of COVID-19, more than 40 governments, including the U.S. federal government in a prominent role, are subsidizing the development efforts with enormous levels of funding.
3 contracting strategies to accelerate a COVID-19 financial recovery for providers
Having suffered significant losses due to the COVID-19 pandemic, healthcare providers require effective strategies to achieve a more equitable balance with payers, which have actually enjoyed a financial windfall as a result the pandemic.
More policymaking likely as the 2020 presidential election approaches
HFMA's Chad Mulvany says given the Trump administration’s focus on transparency, it’s possible the Transparency in Coverage final rule could be released prior to the election.