Healthcare Finance & Business Strategy News

HFMA Comments on Request for Information Regarding Medical Payment Products

HFMA presents its comment letter to CMS on Request for Information Regarding Medical Payment Products

By HFMA September 13, 2023

The intersection of quality and finance, with Rick Gundling and Stephanie Mercado

HFMA's Rick Gundling and Stephanie Mercado from the National Association for Healthcare Quality discuss how all entities within a healthcare organization can work for better quality.

By Erika Grotto September 11, 2023

Healthcare News of Note: Unlocking new revenue streams is the healthcare industry’s top priority, while workforce issues are its top risk

Over the past few weeks, I have found these industry news stories that should be of interest to healthcare finance professionals. 1. Introducing new revenue streams is the top priority for the healthcare sector, and talent acquisition/retention is its top risk, survey says More executives in healthcare (44%) selected “introducing new revenue streams” as their…

By Deborah Filipek September 8, 2023

Research summary: Study identifies health systems’ two biggest concerns — staffing and financial performance

HFMA, with sponsorship by Lifepoint, surveyed 100 healthcare respondents to better understand health systems’ concerns, including strategic priorities, staffing issues, improving the patient experience, partnerships, market expansion opportunities and co-location. Staffing and financial performance were the two greatest concerns for nearly all health systems. To learn more, download the key findings from the survey.

By HFMA September 7, 2023

Healthcare News of Note: 54% of patients do not care whether they see a corporate or independent primary care provider, but more prefer independent practices, survey says

Over the past few weeks, I have found these industry news stories that should be of interest to healthcare finance professionals. 1. 38% of survey respondents prefer seeing an independent practice provider while 8% prefer corporate providers Although more than half of patients (54%) “have no preference between an independently owned or a corporate medical…

By Deborah Filipek September 1, 2023

The evolution of telehealth and the potential for sustainability

The surge in use of telehealth services seen during the pandemic has slowed, but telehealth remains a key modality amid policy changes that will help set the course for the future of virtual care. “There’s no alternative,” said Kyle Zebley, senior vice president for public policy with the American Telemedicine Association (ATA) and executive director…

By Elizabeth Barker August 30, 2023

Summary: 10 vital responses to healthcare disruption

Note: This article is a summary of a report on HFMA’s Spring Thought Leadership Retreat. The full report is available to download. Disruption is reverberating throughout the healthcare industry, and it’s incumbent on legacy organizations to develop strategic responses for the benefit of their consumers, their communities and themselves. With that overarching challenge becoming ever…

By Nick Hut August 30, 2023

Leverage healthcare price transparency data to promote financial sustainability

Healthcare organizations are encouraged to review strategies and how to collaborate with payers, among other insights in this article, in order to grow healthcare consumer trust, engagement and retention.

By HFMA August 28, 2023

Dennis Dahlen: It’s time to be biased toward action 

We’re in an extraordinary period of discovery and innovation in healthcare, from a breakthrough treatment that delays the onset of Type 1 diabetes to the potential to use advanced artificial intelligence (AI) to help patients manage their health.    But embracing the promise of innovation within our organizations depends on our ability to lead teams to…

By Dennis E. Dahlen, FHFMA, MBA, CPA August 28, 2023

Key questions for providers after more than 2 years of the price transparency rule

Evidence amassed from over two years of experience with compliance reinforces why providers need to focus on chargemaster prices and self-pay discount policies — and how they can benefit from analyzing trends in consumers’ price searches.

By Fred Stodolak August 25, 2023
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