Healthcare Finance and Business Strategy News

$7.8 billion coronavirus legislation includes hospital support

Congress is quickly advancing a coronavirus funding package that will address some hospital preparation priorities.

By Rich Daly April 1, 2020

Azar warns about hospital overcrowding if the public overreacts to the coronavirus

People could swamp hospitals if they overreact to the novel coronavirus, the senior federal healthcare official warned Congress this week.

By Rich Daly April 1, 2020

U.S. healthcare organizations should prepare for potential impact of coronavirus

U.S. healthcare organizations can mitigate the risk of an outbreak of the coronavirus by preparing now and being ready, even if there is little empirical evidence to suggest a case will arrive at their facility.

By Chuck Alsdurf April 1, 2020

HHS Secretary Azar urges healthcare providers to watch for patients who have traveled to China

As part of efforts to prevent the spread of the novel coronavirus, the Trump administration recommends that providers screen feverish patients for recent travel to China.

By Rich Daly April 1, 2020

Hospitals and physician practices generally achieve ‘moderately effective’ use of cost data, according to a survey, which also identified more effective approaches

Although many healthcare organizations say they have achieved middling results in their cost accounting efforts, that could improve through widespread adoption of approaches identified as most effective.

By Rich Daly April 1, 2020

How to Succeed in the BPCI-A Program: Transforming Care Across the Continuum

A strategy-focused article about the importance of robust care coordination and management for successful participation in alternative advanced payment models. Includes information from a recent meeting of HFMA’s Value-Based Healthcare Innovation Council (VBHIC).

By HFMA March 31, 2020

Eliminating cost as a barrier to healthcare

An innovative financial services company talks about how it addresses patient payment pain points, offering patients interest-free payment arrangements without any fees and helping healthcare organizations improve self-pay collections without increasing domestic spend.

By HFMA March 31, 2020

When the bones are good: Healthcare industry challenges can be opportunities to grow

Healthcare finance leaders need to trust their principles, values and sense of taking care of each other in moments of doubt and fear, such as the current COVID-19 epidemic.

By Michael M. Allen, FHFMA, CPA March 31, 2020

Perspective matters when it comes to media scrutiny of health system collection practices

HFMA’s Chad Mulvany says 31,000 lawsuits may seem like a lot but adjusted to an annual basis and the population of the study’s geographic area, the actual number is much smaller than one would expect.

By Chad Mulvany, FHFMA March 26, 2020

CMS modifies hospital inspection program amid coronavirus pandemic

State and federal inspections of hospitals will focus on locales where the CDC anticipates COVID-19 outbreaks.

By Rich Daly March 25, 2020
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