U.S. Department of Health & Human Services updates CARES Act Provider Relief Fund FAQs as of July 30
HHS says the CARES Act Provider Relief Funds need to be used by July 31, 2021, but Chad Mulvany says operationally, funds likely need to be spent by June 30, 2021, so providers can capture expenses and lost revenue in reports due to HHS July 31.
Healthcare executives can take steps to combat the continued shortage of PPE for staff
HFMA's Todd Nelson says shortages of PPE and other challenges faced by organizations during the pandemic call for increased collaboration, communication and creativity by hospital and health system leaders.
Healthcare finance leaders share their responses to the COVID-19 crisis
Healthcare finance executive across the nation shared a wide variety of perspectives and experiences regarding the impact of the COVID-19 pandemic on their organizations and on themselves as leaders.
How to manage risk-based payment in the era of the global pandemic
To succeed with risk-based contracts through the COVID-19 pandemic and beyond, healthcare organizations require analytic capabilities for modeling the revenue impact of the crisis through all its phases.
How leaders should respond to social justice issues for the benefit of their employees and organization
In response to the ongoing social justice movement, leaders should thoroughly examine their organizations’ systems and policies.
Healthcare consumers want information personalized to their situation from health plans
HFMA's Chad Mulvany says patients and consumers need information that’s relevant to their specific clinical situation and out-of-pocket costs for price and quality information to be meaningful.
Elective surgery volume near normal in late July, analysis finds
Elective surgeries recovered in July following earlier state bans. However, a growing number of states are re-imposing bans amid a COVID-19 resurgence.
Patient financial experience: What we’ve learned from COVID-19
HFMA President and CEO Joe Fifer discusses patient financial experience lessons learned from dealing with COVID-19.
Rethinking patient payments and providing a consumer-friendly experience
An innovative healthcare technology company talks about how its technology-fueled billing and payment platform enables a compassionate patient financial experience while efficiently driving revenue into a healthcare organization.
5 high-leverage areas for improving medical group financial performance
By examining five high-leverage areas within medical group operations, health systems can identify improvement opportunities.