Why pending healthcare policies look so daunting for hospitals
For both revenue and costs, ongoing policy developments pose a risk of aggravating trends that already are constraining hospital budgets. The budget reconciliation bill in Congress and the imposition of extensive tariffs would add to ongoing pressures on hospital finances. Bad debt levels are rising among not-for-profit hospitals, as are supply costs, and those issues…
News Briefs: Dr. Oz describes a reimagined healthcare ecosystem at HFMA event
A rapid acceleration of digital healthcare applications will be central to the looming transformation of the U.S. healthcare system, according to Mehmet Oz, MD, administrator of CMS. Oz spoke at the annual Not-for Profit Healthcare Investor Conference, sponsored by HFMA, Barclays and the American Hospital Association. He sought to explain why sweeping, systemic changes are…
Vendor and staffing management, plus the latest in budget reconciliation
Danelle Newman from OSS Health discusses how to strike a balance in vendor and staffing management. Also in this episode, HFMA Senior Editor Rich Daly talks with HFMA Policy Director Shawn Stack about the House-passed reconciliation package.
Reflections from two advanced platforms for population health management
Hospitals and health systems participating in advanced population health management initiatives generally have certain traits in common. Most likely, they are seeking to redesign how they care for vulnerable populations. They realize that achieving the necessary degree of change is difficult in a fee-for-service scenario because much of what’s needed to offer holistic care is…
Why labor benchmarking is so critical to healthcare productivity
With ambulatory volumes expected to increase 10% by 2027, labor productivity benchmarking tools can help inform smarter staffing decisions. Learn how to improve staffing and understand the benefits to benchmarking in this article.
How some healthcare providers are handling the growing nurse shortage
In this roundtable discussion, several healthcare finance professionals shared the challenges their organizations face with nurse staffing and discussed business models such as virtual nursing that can help improve patient outcomes, staff satisfaction and key financial measures.
Working to steady the ship: 4 takeaways from the Not-for-Profit Healthcare Investor Conference
As described at a recent conference, hospitals and health systems are retaining a sense of optimism while navigating some of the biggest challenges the industry has seen. Pressures on both revenue and expenses require leaders to try innovative solutions while also continuing to master the nuts and bolts of hospital operations, C-suite executives said May…
Dr. Oz describes a reimagined, technology-driven healthcare ecosystem
A rapid acceleration of digital healthcare applications and a sharpened focus on fraud, waste and abuse will be central to the looming transformation of the U.S. healthcare system, Mehmet Oz, MD, administrator of CMS, told a healthcare audience Wednesday. Oz spoke May 21 in Manhattan at the Not-for-Profit Healthcare Investor Conference, sponsored by HFMA, Barclays…
Achieving “smart scale”: Insights from today’s high-performing health systems
Senior healthcare leaders and board members routinely ask us the following two questions: In our experience, exploring the answers to these questions can lead organizations down a variety of strategic paths, and most organizations have not yet developed a clear perspective on how they intend to make the most of greater scale. Our view is…
The Healthcare CFO of the Future: Turning risk into opportunity
The role of the healthcare CFO is evolving — and so are the skills needed for success. Here, CFOs and industry experts explore the new competencies CFOs must possess and how leaders in this space are preparing for the future.