Finance and Business Strategy

Susan Dentzer: Is consolidation in healthcare the work of modern-day robber barons — or the result of overdue reengineering?

The most successful industrialists of America’s Gilded Age were often skewered by contemporary critics as being robber barons. A new generation of naysayers wants to recycle the old rhetoric, this time targeting organizations focused on healthcare: The critics’ clear message: Big money is helping healthcare get bigger, and it’s a bad deal all around. Many…

Susan Dentzer, MS October 2, 2023

News Briefs: Reports quantify how cost increases will affect the healthcare industry in 2024 

The cost to treat patients will accelerate in the upcoming year, according to newly published projections.  PwC’s Health Research Institute reported that the cost of providing care will increase by 7%, up from a 6% increase this year and 5.5% in 2022. A 7% increase would tie 2021 for the highest annual change in the…

Nick Hut September 30, 2023

Risky business: What every CFO should know before taking on risk

As a health system leader, how can you ensure your organization is making the right moves to take on risk in an evolving landscape for payment? Check out a handful of key capabilities to focus on in this article.

HFMA September 29, 2023

PFC USA’s partnership approach ensures healthcare clients tackle regulatory and patient satisfaction issues

Review some tips from a company with 6.5 years of hands-on experience in helping its healthcare clients handle concerns in healthcare such as workforce shortages and a volatile regulatory environment.

HFMA September 29, 2023

New approaches to nonclinical workforce management

Five healthcare leaders in revenue cycle management and patient access share their approach to workforce management in a remote and/or hybrid model and lessons learned along the way.

HFMA September 29, 2023

AMN Healthcare: Providing physician workforce solutions to increase staffing efficiencies and improve the patient experience

This profile highlights how one business oversees more than 3,000 physician recruiting assignments annually and provides details on other resources offered such as the NCQA-Certified Credentials Verification.

HFMA September 29, 2023

Dennis Dahlen: It’s time to stop dragging our feet on generative AI 

Generative artificial intelligence (AI) is a tool that a recent study found is “nearly as good as recent med school graduates” at making clinical decisions, and it’s having a breakout year across industries, a McKinsey analysis shows.1 Yet few healthcare leaders have a strategy for solutions like ChatGPT — and it’s past time to develop…

Dennis E. Dahlen, FHFMA, MBA, CPA September 28, 2023

4 common misconceptions about observation that have revenue implications 

Among the many things that healthcare providers must document, few are as misunderstood and cause as much confusion as observation. Clearly, observation is often required as part of diagnosing and treating a disease or condition. The challenge for providers is that ambiguity and variability in regulatory and contract language create confusion regarding how to record…

Ronald Hirsch, MD, FACP, CHCQM September 28, 2023

Is consolidation in healthcare the work of modern-day robber barons — or the result of overdue reengineering?

he most successful industrialists of America’s Gilded Age were often skewered by contemporary critics as being robber barons. A new generation of naysayers wants to recycle the old rhetoric, this time targeting organizations focused on healthcare: The critics’ clear message: Big money is helping healthcare get bigger, and it’s a bad deal all around. Many…

Susan Dentzer, MS September 27, 2023

HFMA member spotlight: Salem Alasmari’s Ministry of Health work focuses on KSA Transformation 2030

HFMA recently spoke with new international member Salem Alasmari, PhD, CPHQ, PMP, who is with the Ministry of Health Saudi Arabia, about his work related to the country’s 2030 Transformation goals. HFMA: Please describe your current position and job role? Salem Alasmari: Since January of 2021, I have worked as the assistant director general for…

HFMA staff September 15, 2023
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