Elevate Your RCM Strategy: Key Questions Every Leader Must Ask
Dive into the critical questions every RCM leader should ask about their claims and clearinghouse vendor.
Healthcare News of Note: CDC says healthcare workers’ mental health depends on positive working conditions
Over the past few weeks, I have found these industry news stories that should be of interest to healthcare finance professionals. 1. Positive working conditions represent the No. 1 thing healthcare organizations can provide to boost employee mental health Providing “positive working conditions” is the main thing healthcare organizations can do to help lessen burnout…
Healthcare Blame Game: Bigger may prove to be better in healthcare, despite critics’ take
Brad talks with Susan Dentzer, president and CEO of America’s Physician Groups, about why healthcare consolidation is more nuanced than critics understand.
Leveraging investments to strengthen resilience: Key insights
The approach health systems take to balance sheet and treasury management varies significantly. One company's managing director dives into how organizations can take a balanced-scorecard method to investments using a tier system.
How healthcare organizations are tackling workforce issues in real time
Check out what a group of healthcare finance professionals said regarding workforce management issues including costs, candidate quality, contracting agencies and other issues that can impact a healthcare organization’s profitability in this roundtable discussion.
How CFOs can bring the rigor of finance to the call center
Health system call centers are universally acknowledged as significant cost centers. Too often, however, they are viewed as non-revenue-generating cost centers. In fact, a call center’s performance also affects revenue growth factors such as clinician utilization and patient loyalty. Despite the multiple ways that call centers affect both the bottom and top lines, there is…
David Johnson: Right-sizing physician training? The case for surgical mechanics
American healthcare reputedly confronts a monumental physician shortage. A highly publicized 2021 report by the Association of American Medical Colleges (AAMC) forecasts that shortage to be as high as 180,000 physicians by 2034.a That’s out of a total population of roughly one million physicians. A breathless commentary on the AAMC report by the American Medical Association…
Using data analytics to address SDoH and contain costs
Finding a way to meaningfully address the adverse impacts of social determinants of health (SDoH) has long been a significant challenge for the nation’s hospitals and health systems. Now, leading healthcare organizations are finding new approaches to solving this problem through the innovative use of data and analytics, both internally and in collaboration with other…
Reimagining healthcare accounts payable: Using automation to pivot from ‘cost center’ to ‘revenue generator’
Learn how accounts payable automation has become one of the leading ways healthcare finance leaders can reduce costs and optimize spend.
Hospital, physician advocates disagree over the role of physician-owned hospitals as policymakers ramp up focus
Hospital advocacy groups hope to stanch momentum that’s building in policy circles to increase the number of physician-owned hospitals. The American Hospital Association (AHA) and Federation of American Hospitals (FAH) issued a joint statement Oct. 18, saying permitting greater numbers of physician-owned hospitals (POHs) would have adverse effects on healthcare costs, access and quality. The…