The consumerism imperative in 2020: coming full circle
HFMA President and CEO Joe Fifer offers a perspective on consumerism initiatives in this pandemic year.
‘The Times They Are A-Changin’ ‘
HFMA's Chair comments on the need for strong leadership through times of changes, citing Thomas Friedman's prediction of a coming "revolution inm edication and work."
Hospitals and health systems remain optimistic, overall, about APMs
An August HFMA survey, sponsored by GHX, found that, overall, hospitals and health systems are optimistic about seeing improvements in coordination and collaboration with partners in risk-based payment models over the next five years. The findings suggest organizations are moving ahead unabated in their value-based payment strategies.
3 steps for executing an effective consumer-driven physician strategy
Physicians and health systems (including hospitals) that collaborate continuously on improving the consumer experience and bringing decisions as close to the consumer as possible will win in the emerging post-COVID-19 world.
How hospitals’ labor cost responses to the COVID-19 pandemic, differed and what the lessons learned mean for the future
The pandemic forced aggressive hospital cost controls to offset a historic revenue collapse. Labor cost control was key to that response and could see long-term implications.
Hospitals face challenge in finding healthcare’s ‘missing consumer’
The COVID-19 pandemic has accelerated demand for more consumer-friendly services and processes. Hospitals should respond by pursuing coordinated, strategic efforts to give consumers better access, experience, pricing and infrastructure.
Financial Sustainability Report: October 2020
The October 2020 Financial Sustainability Report, sponsored by Kaufman Hall, explores aspects of healthcare’s transition to value-based payment, including how to pursue a value-based approach to maternity care, and how the transitional approaches differ among hospitals and health systems based on each organization’s unique circumstances.
Financial Sustainability Report: September 2020
The September 2020 Financial Sustainability Report, sponsored by Kaufman Hall, explores looming imperatives and opportunities for healthcare providers, including the Medicare Direct Contracting APM and the price transparency rule, with guidance on steps to prepare.
Financial Sustainability Report: August 2020
The August 2020 Financial Sustainability Report, sponsored by Kaufman Hall, offers healthcare finance leaders guidance on how to set compensation for physicians in surgical specialty areas and how to pursue a financially sustainable business model for virtual care,
Financial Sustainability Report: July 2020
The July issue of the Financial Sustainability Report, sponsored by Kaufman Hall, offers healthcare finance leaders insights that can help them prepare their organizations for the future “new normal” that follows the COVID-19 pandemic.