10 ways health systems can reduce risk when investing in innovation
Michele Cusack, executive vice president and CFO at Northwell Health, was at a crossroads. She had to choose between two potential innovation investments, both of which clearly aligned with the system’s strategy and were backed by strong internal champions. One provided a more traditional opportunity to reinvest in core clinical infrastructure with a clear, near-term…
Kiran Batheja: Together, we drive success
American icon Helen Keller said: “Alone we can do so little; together we can do so much.” I am honored to have served as HFMA’s National Chair and to have witnessed this sentiment firsthand. When we look back, there is no doubt we will recall this time as a watershed moment for our industry. The…
Stop Cutting Costs and Start Unlocking Hidden Margins in Healthcare
To survive and succeed in the long-term, organizations must not only eliminate waste but also build smarter, stronger and more connected systems that support new sources of revenue. Unlock stories that demonstrate how successful margin management can improve operations in this download.
Q3 Honor Roll: HFMA certifications were awarded to 3,324 members
HFMA offers 11 certifications for members to validate their expertise and demonstrate their commitment to the profession. The certifications are as follows: Certified Healthcare Financial Professional (CHFP), Certified Revenue Cycle Representative (CRCR), Certified Revenue Cycle Representative (CRCR) – GCC, Certified Specialist Accounting and Finance (CSAF), Certified Specialist Business Intelligence (CSBI), Certified Specialist Physician Practice Management…
Arnold P. Silver: A life dedicated to improving healthcare finance
Arnold P. Silver, FHFMA, CPA, who served as 1974-75 HFMA Chair, died on Nov. 21 at the age of 91. Silver, who joined HFMA in July 1963, was a founding member of the Association’s Principles and Practices Board, participated in the first exchange with HFMA’s counterpart association in the United Kingdom and received HFMA’s Frederick C. Morgan award in…
HFMA launches new Executive Councils for patient access and pharmacy revenue cycle leaders
When you organize a meetup for patient access professionals at HFMA’s annual conference and you find it is standing room only, you know you have discovered a member need. That’s what happened when nearly 30 patient access attendees showed up for an informal meet-up hosted by HFMA’s Executive Councils team. The team then invited those…
South Dakota Chapter hosts blood drive as part of mission goals
The HFMA South Dakota Chapter hosted its first blood drive and helped collect 22 pints of blood, supporting 66 lives, when it partnered with the South Dakota Association of Healthcare Organizations’ (SDAHO) education and networking event along with LifeServe at the Sioux Falls convention center in September. Setting a mission goal into motion The idea…
Kiran Batheja: Our moon-shot opportunity
When President John F. Kennedy made a once-in-a-generation commitment to put an American on the moon, his words were simple and unmistakable. The moon shot, he said, was a challenge that “we are willing to accept, one we are unwilling to postpone, and one we intend to win.” America would choose its destiny rather than…
Jill Geisler: What kind of micromanager are you?
Don’t take offense at this column’s headline. Yes, it assumes you are a micromanager. But even though micromanaging has a negative reputation, it isn’t always a sign of poor leadership. Sometimes it’s exactly what you should do. Before we dig into the when, why and how of micromanagement, let me share my description: Micromanagers are supervisors who exercise a high degree of scrutiny…
Networking ‘with a little help from my friends’
On Sunday mornings, I listen to my local rock radio station’s “Breakfast with the Beatles” show (yes, that dates me). Thanks to the internet, my Gen Z daughter — a college student in Boston — can also stream it. Despite our wildly different musical tastes, our shared love of the Beatles is a special way…