News Briefs: CMS plans to reinstate policies pertaining to the inpatient-only and ASC covered-procedures lists
A roundup of the top news affecting healthcare finance professionals.
Current financial reporting practices inhibit healthcare policymaking, researchers say
Creation of a national database with information from health systems’ audited financial statements would give policymakers a better sense of how to respond to financial trends, according to researchers.
61% of hospitals say future compliance with price transparency will impact financial processes: HFMA poll
An HFMA-Strata survey found 61% of hospitals and health systems are revamping financial processes in light of price transparency.
Want to foster innovation in healthcare? Give it a foster home
There is a way for healthcare organizations to mitigate the risk, while still enjoying the benefits, of a successful innovation. Instead of developing innovative projects on their own, they may find fostering innovation in others brings rewards that make it worthwhile.
Why rekindling the romance in medicine could spur innovation
Romance in medicine refers to the passion reflected in the wonder and optimism with which healthcare’s great visionaries in healthcare explored the mysteries beyond human understanding in their times. It is an important quality that should be cultivated in our time.
Two infrastructure bills have significant implications for healthcare and bipartisanship
Congress’ handling of two mammoth bills may well determine the political tone in Washington and whether there will be any room for bipartisanship for the remainder of President Joe Biden’s term.
Healthcare News of Note: Many hospitals report patient volumes returning to 2019 levels in June and July after lag in the early part of the year
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Hospital admissions are returning to 2019 levels, patients expect better provider communication, and most nurses are comfortable recommending the COVID-19 vaccine to patients.
Single-use endoscopes offer a safe way for healthcare providers to catch up on backlog of nonemergent care procedures
One company focuses on growing endoscopy departments of healthcare organizations with single-use devices. Learn about the benefits of single-use endoscopes and how to take advantage of these products.
How to engage with patients where they are by balancing automation with the human touch
As provider organizations develop sophisticated automated systems, they should also make sure patients always have an opportunity to talk with a real person in the organization, because patients tend to be drawn to organizations where they feel a personal connection. Providers should address this patient need by having dedicated staff whose role is to personally engage with patients.
Healthcare AI experts discuss the need to improve data accessibility and validation
Healthcare organizations can improve the impact of AI applications by making proprietary data more widely available, according to insights shared during a workshop on using AI to advance health equity.