Healthcare Finance and Business Strategy News

HFMA’s Annual Conference helps leaders reimagine the future of healthcare

The conference offers customized cohort sessions and keynote speakers focused on innovation.

By HFMA June 13, 2019

9 considerations for a comprehensive technology plan

Healthcare organizations should develop IT plans, measure themselves against their plans and consistently review how regulatory and product changes mandate the need for plan revisions.

By Stephen Carrabba June 12, 2019

Medicare Advantage plans accelerating their move into SDOH, advocate says

Medicare health plans have increasing authority to grapple with the social determinants of health, and more are pursuing such initiatives.

By Rich Daly June 12, 2019

Marcus Whitney on how healthcare finance leaders can turn headwinds into tailwinds

Marcus Whitney says healthcare finance leaders can thrive amid structural challenges by being adaptable and willing to embrace change.

By Laura Ramos Hegwer June 12, 2019

A high-reliability healthcare supply chain: beyond the clinician

Applying the principles of high-reliability organizations to the healthcare supply chain is a key step in enhancing overall quality.

By Kenneth Scher June 11, 2019

Analysis: What’s most important to healthcare consumers

The latest Beryl Institute findings on consumer perspective indicate that failure to invest in the patient experience could cost potential customers.

By Chad Mulvany, FHFMA June 11, 2019

Earning a 4-start patient-experience rating takes dedication

Main article: Why optimizing the patient experience should be on every C-suite leader’s radar Under Maryland’s hospital rate-setting system, 1% of hospital payment from all payers is based on an organization’s performance on the HCAHPS inpatient survey. “It can be millions of dollars for organizations that can be lost or gained,” says Lisa Allen, PhD,…

By Laura Ramos Hegwer June 11, 2019

How one hospital improved its call-bell responsiveness

Main article: Optimizing the patient experience from the C-suite NewYork-Presbyterian’s comprehensive patient experience strategy has led to year-over-year improvements in key metrics during the past three years, says Rick Evans, senior vice president and chief experience officer. He credits the organization’s rolling, three-year patient experience plan, which defines targets and sets strategies for a variety…

By Laura Ramos Hegwer June 11, 2019

Why optimizing the patient experience should be on every C-suite leader’s radar

Jason Wolf, president and CEO of The Beryl Institute, knows from personal experience how easily a healthcare organization can lose a customer. A few years ago, his wife was mistakenly billed for a $25 copay that she already paid, and then the account was fast-tracked into collections. Despite receiving excellent clinical care, his wife vowed…

By Laura Ramos Hegwer June 11, 2019

Timing, details unclear for executive order on price transparency

An expected executive order on healthcare price transparency continues to change, even as its release has been delayed, say policy watchers.

By Rich Daly June 11, 2019
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