Healthcare Finance and Business Strategy

Articles focused on financial planning, business strategy, growth initiatives, mergers and acquisitions, and organizational performance in healthcare.

How to leverage the telemedicine surge to create a profitable telehealth model

Healthcare finance leaders can help their organizations establish profitable telehealth programs following the COVID-19 pandemic by focusing now on the economic and operational drivers that will determine the success or failure of such programs.

By Lucy Zielinski July 31, 2020

Hospitals forecast declining revenues, lower procedure volumes and greater telehealth adoption due to COVID-19

Important learnings from a May 2020 HFMA-conducted survey about the COVID-19 crisis and some of the trends healthcare organizations are seeing.

By HFMA July 31, 2020

3 objectives for an innovative and practical revenue cycle work-from-home program

To develop a sustainable remote-work policy for revenue cycle staff, healthcareganizations must address concerns about staff morale, team cohesion and protection of cash flow.

By Michael L. Duke July 31, 2020

Calling all HFMA members: ‘Lift Every Voice and Sing’

The song "Lift Every Voice and Sing," known as the Black national anthem, has a message that continues to have relevance to the nation in this time of struggle, both against the COVID-19 pandemic and against the racial injustice that continues to plague our society.

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

COVID-19 continues to play havoc with hospital financials

The U.S. hospitals face two significant pressures through the end of 2020: continuing spikes in COVID-19 admissions and, if the economic rebound falters, a rise in the numbers of patients who are uninsured or insurebd ny public insurance.

By Gail R Wilensky, PhD July 31, 2020

Sepsis poses a cost-containment challenge in the face of the COVID-19 pandemic

Sepsis is among the largest cost drivers for U.S. hospitals, and it contributes to higher costs of care for patients with COVID-19. Hospital finance leaders therefore should understand and focus on managing the cost impact of sepsis treatment on their organizations.

By David Kulick, MPH July 31, 2020

Primary care providers are partnering with employers to form an optimal primary care delivery system

HFMA's Katie Gilfillan says the time may be right for a re-orientation of the healthcare system, where hospitals, physician groups and purchasers of care along with payment models are aligned to support a more patient-centric system.

By Katie Gilfillan July 30, 2020

A surprising analysis around hospital reimbursement during the COVID-19 pandemic. Plus: What is Joe Biden’s healthcare plan?

Iodine Software's Troy Wasilefsky discusses a recent analysis his company performed around hospital reimbursement. Some of the results may surprise you. Also in this episode, Rich Daly and Chad Mulvany discuss Joe Biden's healthcare plan.

By Erika Grotto July 30, 2020

Telehealth: How the COVID-19 pandemic can ultimately lead to better health in rural communities

Doug Morse, CEO of Iowa's Hansen Family Hospital, and Rebecca Marsh, a senior vice president at nThrive, discuss how the COVID-19 pandemic has forced many healthcare organizations to ramp up their telehealth strategies quickly and how that increase in telehealth has introduced opportunities for telehealth in rural communities.

By Erika Grotto July 30, 2020

The coronavirus pandemic: A time when cash becomes priceless

Venson Wallin and Richard Walker of BDO Consulting discuss cash: how to get it, how to keep it, and how to use it wisely.

By Erika Grotto July 30, 2020
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