Financial Sustainability

How healthcare organizations can take the lead in the nation’s quest to improve health equity

Improving health equity in the United States is a challenge that is beyond the ability of the healthcare to meet on its own. But many of the ways our healthcare system currently operates exacerbate health inequity — and that is a problem we can cure.

By Richard Jackson August 16, 2022

Physicians and finance: Managing the differences is critical to building clinical value

To work together effectively, finance and clinical leaders must not only understand but also value and acknowledge the benefits to be gained from their different perspectives on what constitutes success.

By George Mayzell, MD July 22, 2022

Road to value begins with addressing social determinants of health

Lance Robertson, a former HHS leader, is encouraged by the federal response to the nation’s need to address problems such as health inequity, increased health risk and avoidable high costs for populations that are adversely affected by social determinants of health (SDoH). He sees addressing SDoH as a necessary preliminary step on the nation’s journey to achieving value in healthcare.

By Eric C. Reese, PhD May 27, 2022

Why health systems may find an acute care at home strategy attractive

The potential for improved outcomes is just one important reason to consider pursuing an acute care at home strategy. Even in the absence of payment, health systems may ultimately find pursuit of such a strategy beneficial.

By K. Michael Nichols, FHFMA, CPA May 26, 2022

Provider Relief Fund update: Second reporting deadline looms as the fund nears depletion

Healthcare organizations that received Provider Relief Fund payments between July 1 and Dec. 31, 2020, have until Thursday, March 31 to report on their use of those funds.

By Nick Hut March 25, 2022

MedPAC says 2023 hospital payments shouldn’t increase in response to COVID-19

CMS shouldn’t increase Medicare payments to hospitals for the upcoming year beyond the annual update that is based on current law, according to the Medicare Payment Advisory Commission.

By Nick Hut March 21, 2022

Latest hospital financial and jobs data reflect an environment that remains challenging

January financial data for hospitals show the continuing toll of the COVID-19 pandemic, while February labor numbers suggest an operational recovery that could further increase expenses.

By Nick Hut March 9, 2022

Home-based care is ripe for innovation and implementation post COVID-19

Despite the havoc the COVID-19 pandemic created for hospitals, it also created an opportunity for many important lessons learned on how care can be delivered more efficiently and cost effectively in patients’ homes.

By Bonnie B. Blanchfield, CPA, ScD December 22, 2021

The economics of a telehealth visit: A time-based study at Penn Medicine

Research into the costs of delivering telehealth versus in-person visits by the Department of Orthopaedics at Penn Medicine sought to answer the health systems’ questions about the long-term economic viability of telemedicine services, and to help inform their conversations with payers about how much they should appropriately be paid for the services.

By Neil Ravitz, MBA December 9, 2021

The nation’s healthcare providers have a social obligation to promote cost effectiveness of health

Achieving cost effectiveness of health in the United States is a challenge not only for stakeholders within our nation’s healthcare system but also for our society, says Jeff Goldsmith, PhD, president of Health Futures Inc.

By Eric C. Reese, PhD November 12, 2021
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