Healthcare News of Note: 3 factors increase the likelihood that a physician has been sued
Some46.8% of physicians over the age of 54 report they have been sued compared to 9.5% of physicians under the age of 40. The revenue cycle management segment accounted for the largest revenue share in the global healthcare finance solutions market in 2022. Greater representation of Black primary care physicians (PCPs) in the PCP workforce…
Northern California Chapter’s new award honors outstanding women
The Northern California Chapter’s annual women’s conferences have always been popular events. And this year’s conference, which took place May 5 at the Crow Canyon Country Club in Danville, California, was especially celebratory. That’s because the Chapter marked the event’s 10th anniversary by introducing a new award recognizing women leaders. “Our Chapter wanted to develop…
Reflections on ‘Voice of Experience’ words of wisdom, year 1
In this first anniversary of the “Voice of Experience” column, it is an appropriate time to revisit the suggestions and insights shared by the eight hospital/health systems healthcare executives who have been long-standing members of HFMA and were featured in hfm magazine. Significantly, among the five guiding principles each leader shared, three stand out, having…
Using 5 facets of nonqualified incentive plans to attract, reward, and retain key talent
Privately held healthcare organizations need a creative, cash-based incentive program to stay competitive with their peers. Nonqualified deferred compensation (NQDC) plans provide a platform for organizations of all sizes to deliver these solutions. An NQDC plan is a flexible, tax-efficient program that provides an employer with a tool to attract, reward and retain key employees.…
Crawfish, helping hands, and “Hard Truths” about healthcare: Joe Fifer looks back on 40 years with HFMA
June will mark the retirement of HFMA President and CEO Joe Fifer. In this episode, he looks back on his decades as an HFMA member, officer and executive.
HFMA’s International Advisory Council guides strategy and regional development
Organizations represented include G20 Health & Development Partnership, Sheikh Shakhbout Medical City in Abu Dhabi, Deloitte, Dubai-based Accumed and Manipal Academy of Higher Education in India.
Jill Geisler: Leaders need to master the art of strategic interruption
We know that clear, effective communication is an essential leadership skill. Your messages convey a vision for the team. They describe what success looks like. They rally the troops. They also can make or break someone’s day. That’s why it’s important to be thoughtful about your approach to communication ― like knowing when and how…
Turning it up in Music City: Get ready for HFMA’s Annual Conference in Nashville
HFMA’s Katie Gilfillan discusses plans for HFMA’s Annual Conference in Nashville. Learn more and register here. Also in this episode, Karie Ryan and Amy Pyke of Philips tackle some of healthcare’s greatest challenges with the strategic use of technology. \
Honor Roll: HFMA certifications were awarded to 2,079 members January through March 2023
HFMA offers eight certifications for members to validate their expertise and demonstrate their commitment to the profession. The HFMA certifications are as follows: Certified Healthcare Financial Professional (CHFP), Certified Revenue Cycle Representative (CRCR), Certified Revenue Cycle Representative (CRCR) – GCC, Certified Specialist Accounting & Finance (CSAF), Certified Specialist Business Intelligence (CSBI), Certified Specialist Physician Practice…
Creative solutions to tackling top challenges in healthcare: 3 key insights
In this roundtable, several healthcare leaders shared lessons they learned navigating through major challenges due to COVID-19 including data security concerns, high rates of burnout and workforce shortages.