Healthcare Finance & Business Strategy News

Healthcare organization partnerships with Area Agencies on Aging help reduce the total cost of care

Area Agencies on Aging are well-established resources for enhancing the health and well-being of a community’s elderly population and a natural partner for hospitals as they strive for a holistic approach to caring for older adult patients.

By Katie Gilfillan April 16, 2020

How a time management audit can help leaders bring order to their schedules

Leaders can carve out a time management strategy by conducting an audit that examines their own duties, assumptions and preferences, writes Jill Geisler, HFMA’s contributing subject-matter expert on leadership topics.

By Jill Geisler April 16, 2020

Practices can qualify for CARES funding even without COVID-19 patients, HHS says

Practices can qualify for CARES Act grants even if they have no diagnosed or suspected COVID-19 patients.

By Rich Daly April 15, 2020

How CFOs can protect patients and clinicians during the COVID-19 pandemic

Marcus Schabacker, MD, PhD, president and CEO of ECRI, offers advice to healthcare CFOs on how they can help ease the burden on clinicians in the ongoing battle against COVID-19.

By Laura Ramos Hegwer April 15, 2020

Some health plans accelerate hospital payments to provide COVID-19 financial help

Some health plans are accelerating payment processing or offering advances to help stabilize hospitals strained by the effects of the ongoing pandemic.

By Rich Daly April 14, 2020

Details released on how much each provider will receive from $30 billion in CARES funding

Hospitals should have begun receiving CARES Act funding April 10, but the funds require accepting specific terms.

By Rich Daly April 10, 2020

Telehealth’s impact on clinic staffing models post-COVID-19

HFMA's Chad Mulvany predicts that if COVID-19 leads to widespread usage of telehealth, post-pandemic it will lead to a rethinking of primary care clinic footprints and staffing models.

By Chad Mulvany, FHFMA April 7, 2020

Key challenges hospitals must address to improve supply chain team effectiveness

To improve cost performance around physician preference items, hospitals must address challenges posed by the sheer volume of supplies and cost transparency, among others.

By Anthony Long, MBA, FACHE, FACCA April 7, 2020

How a physician scorecard helps a clinically integrated network drive value

Mary Washington Health Alliance uses a scorecard to rate participating physicians on activities that promote value.

By Nick Hut April 6, 2020

Key hospital provisions and some questions requiring resolution from the CARES Act

Summary of the top five CARES Act provisions impacting hospital finances and the open questions associated with those provisions.

By Chad Mulvany, FHFMA April 2, 2020
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