Updated FEMA guidance notes availability of monetary assistance for COVID-19 vaccination activities
The Federal Emergency Management Agency has issued updated guidance on medical care and associated costs for which monetary assistance is available during the COVID-19 public health emergency.
Vaccine, vaccine, vaccine, vaccine: How Sanford Health System is communicating with patients about getting their shots
Matt Hocks from Sanford Health System describes his organization’s strategy for communicating with patients about the vaccination plan. Ken Baxter from Children’s Hospital of Orange County discusses the revenue cycle challenges of the pandemic. This episode was sponsored by Cerner.
Unleashing the power of healthcare workforce data
Find out how one company helps healthcare organizations improve their workforce using a comprehensive assessment program to leverage real-time data and sophisticated analytics for insights on human capital and challenges.
Financial Analytics Leadership Council members share 5 challenges, responses to pandemic’s financial long haul
Financial leaders discuss how the pandemic has impacted revenue, volume and expenses, which has thus created a need for data and analytics.
Healthcare News of Note: Fewer patients translates to a small reduction in charity care spend for hospitals
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles, including a reduction in charity care in 2020 due to fewer patients, a review of physician burnout and moral injury data, and what early adopters are doing to test 5G.
U.S. faces a challenging road to recovery after COVID-19
President Biden faces an enormous challenge in achieving his promise of distributing the COVID-19 vaccine nationwide and bringing the nation back to economic prosperity. Time will tell if the President can delive on that promise.
NFP hospital profitability plummeted in 2020 despite expense mitigation strategies, Moody’s reports
Profits were down in the not-for-profit and public healthcare sector in FY20, but management strategies helped to increase liquidity amid the COVID-19 pandemic.
Liquidity levels in a COVID world: Why healthcare finance leaders should be paying attention
Amid the COVID-19 crisis, many hospitals and health systems are finding they have excess liquidity levels on hand. As a result, they face a question of whether, and how, the should unwind their excess liquidity positions in favor of a more streamlined cash management process.
Addressing racial disparities in healthcare: It’s time now
HFMA President and CEO Joe Fifer urges healthcare leaders to recognize and address the connections between healthcare finance and racial disparities.
Risk contracting: Outlook and success factors for hospitals and health systems
An December 2020 HFMA survey, sponsored by GHX, found high levels of optimism, overall regarding the future of value-based payment.