Annual Conference: Healthcare entrepreneur Alex Oshmyansky describes his efforts to disrupt drug pricing
Arguably no segment of the healthcare industry is more susceptible to disruption than the market for prescription drugs, as Alex Oshmyansky, MD, PhD, made clear Wednesday morning during the closing session of HFMA’s Annual Conference. Oshmyansky spoke about his personal efforts to disrupt the pharmaceutical market in his role as co-founder and CEO of Mark…
Annual Conference: HFMA Chair Dennis Dahlen issues a call to action for healthcare finance professionals
The concept of punctuated equilibrium refers to systems that experience isolated episodes of dramatic evolution intermixed with long periods of stasis or something close to it. Dennis Dahlen, who on Tuesday morning was installed as HFMA’s National Chair for FY23-24, thinks the hypothesis applies to healthcare. Speaking to Annual Conference attendees, Dahlen, the CFO of…
Annual Conference: Health system CFO panel reflects on the importance of embracing change
The healthcare industry is enduring tough times, but finance leaders are equipped to guide their organizations through choppy waters, CFOs said Sunday as part of a panel discussion. Speaking onstage during the opening session of HFMA’s Annual Conference in Nashville, five health system CFOs described how they’ve responded during a tumultuous period that began more…
Annual Conference: New HFMA CEO Ann Jordan describes her vision for the Association
Speaking Sunday at Annual Conference, Ann Jordan articulated her vision for how HFMA can support members and positively affect the healthcare industry. Jordan, who succeeded Joe Fifer as president and CEO on June 6, described growing up on a farm in Iowa (“my first career endeavor at the age of 9 was field labor”), then…
HFMA and Hospitals magazine collaborate to bring global healthcare community closer
By Olivia Tader HFMA and Hospitals magazine are working together to promote hospital and health system news around the globe. HFMA and Hospitals magazine, a Middle East healthcare magazine, have entered an agreement that allows both organizations to share more widely their content and expertise in hospital management and healthcare finance. “Hospitals magazine is honored…
Healthcare Blame Game podcast: Reporters are knee-deep in press releases. Most lack context.
Media veteran Jean Hodges joins Brad to discuss a Washington Post error and the inner workings of the modern newsroom.
Healthcare News of Note: Economic burden of racial and ethnic health disparities in the U.S. grew by 41% in 4-year span
For individuals with less than a college degree in 2018, the total burden of education-related health disparities reached $978 billion, about two times greater than the annual growth rate of the U.S. economy. New research shows that using new technology and delegating specific tasks to other staff could help healthcare organizations address the nursing shortage.…
A brief guide to the health-equity journey
Over the past few years, our nation has seen an intensified focus on health equity. Spurred in part by the pandemic, which laid bare the vast human cost of remediable health disparities, both civil society and government are increasingly focused on improving health equity. So are healthcare organizations themselves, many of which are launching or…
Dave Johnson: Diagnostic determinism — How precision diagnostics will reinvent medicine
In the movie “Star Trek IV: The Voyage Home,” the spaceship Enterprise travels back in time to San Francisco in the mid-1980s. Its mission is to transport humpback whales into the 23rd century to redirect a space probe heading to destroy earth. It’s a complicated story. While trying to escape police custody, crewmember Pavel Chekov…
Strategic alternatives abound for health system outreach laboratories
Various industry pressures have accelerated an evolution in laboratory businesses in recent years, with particular impacts on labs owned by health systems. As a result, many health systems are considering alternatives for their labs, with an emphasis on outreach labs. A health system’s outreach lab business includes tests ordered for patients primarily in non-acute settings…