COVID-19 is the deflection point for new health system flexibility
Integrated health systems will require flexibility as they begin a process of adjusting to the new healthcare environment that follows the COVID-19 crisis.
8 hallmarks of a successful healthcare venture capital program
Health systems that are developing venture capital projects should apply eight core principles that reflect best practices of organizations that had a strong track record of success in managing their venture capital programs.
5 steps for developing a strong investor relations strategy
Healthcare organizations should adhere to best practices in investor relations by pursuing a strategy that builds and maintains trust through routine, clear communication of key organizational objectives, priorities, strategic initiatives and strengths.
Patient financial responsibility for COVID-19 treatment: Let’s get it right
Even while hospitals are facing a dire financial situation amid the COVID-19 pandemic, they should adapt their business practices to account for the hardships facing consumers.
Patient financial responsibility for COVID-19 treatment: let’s get it right
HFMA President and CEO Joe Fifer addresses issues related to the patient financial experience — and journalists who are covering it —during the COVID-19 pandemic.
Congress approves $75 billion in additional COVID-19 relief for providers
President Trump signed legislation April 24 to add $75 billion to provider relief related to the effects of the coronavirus.
Pace of physician practice acquisition by health plans may accelerate post-pandemic
HFMA’s Chad Mulvany says it is likely health plans will have both motive and the wherewithal to acquire physician practices or employ physicians whose practices didn’t have the balance sheet to survive the revenue shock of the COVID-19 pandemic.
Debt collectors could take stimulus payments from millions of Americans
Given the media's heightened scrutiny of healthcare collections activity, hospital and health system leaders should ensure any business partners used for collections understand revenue cycle best practices during the pandemic-induced recession.
April 23 deadline looms for hospitals in ‘high-impact’ COVID-19 areas to provide information to receive CARES Act funds
Hospitals hit by COVID-19 cases face a tight deadline to let HHS know they are interested in new funding that will be distributed next week.
How hospitals can preserve cash amid rising costs, crashing revenues brought on by COVID-19
The need to preserve cash is becoming more acute amid plummeting revenues and rising costs. Leaders and industry consultants are getting creative in search of solutions.