Latest healthcare spending data paint a complicated picture of industry challenges and opportunities
Healthcare spending patterns during the first year of the COVID-19 pandemic reflect an industry trying to get its bearings amid a public health emergency and daunting long-term trends.
‘A just cause’: HFMA’s CEoH initiative addresses the factors that impede quality of health and raise healthcare costs
HFMA is moving forward with a global effort focused on the concept of cost effectiveness of health (CEoH), with the goal for promoting development of a system for care that is needed, accessible and affordable. A key message of this effort is that a broader focus on improving cost effectiveness of health — not just of healthcare — should be a strategic priority for healthcare leaders.
David Johnson: Cracks in the foundation — 5 structural defects are undermining nonprofit healthcare
The relentless organizational imperative under which nonprofit healthcare providers operate to optimize revenues under fee-for-service medicine has led to fragmented care delivery, unsustainable cost growth and severed connections with American consumers. Nonprofits should address five structural defects to their modus operandi that stand in the way of their delivering care empathetically and cost effectively to their patients.
Shawn Stack: No Surprises Act is important move toward meaningful consumer transparency
The No Surprises Act, which became effective on Jan. 1 of 2022, will clearly benefit patients, .ut its larger impact is yet to be seen as the industry awaits the release of provisions targeting health plans and payers.
A checklist for successful hospital cost reporting in the time of COVID-19
COVID-19 will have long-term impacts on the operations of hospitals, and on their costs in particular., making it imperative that hospitals be mindful of how those impacts extend to their cost report data.
Healthcare News of Note: Many health system boards find they are poorly equipped to institute DEI changes, says survey
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Health system boards are willing to change but slow at implementing DEI measures, international nurses are filling the workforce gap, and youth mental health has suffered during the pandemic.
Healthcare News of Note: McKinsey analyzes a range of scenarios based on the infectiousness, immune evasion and severity of disease linked to the omicron variant
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: An in-depth analysis looked at what the U.S. can expect with the onslaught of the omicron variant, CMS rescinded a drug pricing model, and total healthcare utilization in 2020 dipped below 2019 levels.
Enabling change requires organizational self-awareness
A company principal and leader breaks down successful organizational change management strategy factors, such as current culture, influencer networks and effective communication and education channels.
Survey: Health systems push toward risk-based payment models, payer-provider partnerships
Check out the key takeaways from a survey conducted in Summer 2021 with healthcare executives, which focused on risk-based models, data issues, leaders’ concerns on hitting budgets and more.
As COVID-19 vaccination deadlines arrive for healthcare providers, CMS offers explanatory resources
As the deadlines arrive for providers to comply with the COVID-19 vaccine mandate, CMS has made various resources available to help healthcare entities determine whether and when the regulations apply to them.