Transitioning health systems to accepting more risk: Key steps to ensuring financial sustainability
The COVID-19 pandemic has renewed many health systems’ interest in pursuing population health initiatives. Yet success with such initiatives will remain elusive if they do not address two common barriers to success: lack of aligned incentives and insufficient infrastructure.
HFMA survey of healthcare finance professionals highlights continuing pandemic-related challenges and some reasons for optimism
Results of HFMA's Outlook Survey show that the healthcare industry is still coping with the challenges of COVID-19 but has started to adapt to a post-pandemic future.
Healthcare News of Note: More healthcare organizations mandating that employees receive the COVID-19 vaccine
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: COVID-19 vaccine mandates become more popular among healthcare organizations, hospitals continue to skirt price transparency rules, and healthcare workers get help in coping with trauma.
PwC report anticipates a 6.5% increase in healthcare costs in 2022, roughly in line with recent years
As the healthcare industry emerges from the COVID-19 pandemic, annual costs are expected to increase by slightly more than they did in recent pre-pandemic years.
HHS extends Provider Relief Fund use and reporting as healthcare providers continue to navigate COVID-19 impacts
The U.S. Department of Health and Human Services recently announced updates to the Provider Relief Fund, including staggering provider deadlines to spend funds.
CMS proposes to pull support from organ acquisitions: A grave threat to the future of U.S. organ transplants and donor programs
Transplant patient lives at risk under CMS’s proposal to stop supporting donor community hospitals excising organs for non-Medicare patients on waiting lists.
Healthcare News of Note: Sg2 report says lower-acuity care to continue its migration outside of hospital walls
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Hospitals to continue to see loss of lower-acuity care, nursing shortage spurs health systems to offer sign-on bonuses and some newly passed state laws could put public health at risk.
Why fee-for-service can have a place in a reimagined healthcare system, but not as the primary mode of payment
Fee-for-service came under fire during a workshop in which prominent healthcare industry experts spoke of ways to achieve better integration of financing and care delivery.
The other supply chain issue revealed by the pandemic: Generic drugs
HFMA President and CEO Joe Fifer discusses the need for hospitals and health systems to diversify the generic drug supply chain.
Hypersensitivities only serve to suppress honest equity conversations
The racial equity conversation needs to be had in this country, and even with hypersensitivity around the topic, HFMA’s Community DEI group is now having the conversation.