Kaleida Health taps Matthew Drake and Hugh Chisholm for new roles
Two HFMA fellows have been appointed to new leadership positions at Kaleida Health, the largest healthcare provider in Western New York. Matthew Drake, FHFMA, MBA, is the health system’s new executive vice president of strategy and partnerships. Drake, a member of HFMA’s Rochester Regional Chapter, previously was Kaleida’s executive vice president and CFO. Prior to…
Dennis Dahlen: It’s time to look at what’s working — and what isn’t — in reducing care costs
There’s a surprising phenomenon taking place in Medicare spending — and it points to the need to look deeper when it comes to healthcare cost containment. For years, Medicare was viewed as the nation’s “budget buster,” with spending spiraling so quickly that some budget experts predicted no amount of tax money could sustain it. And…
Puerto Rico Chapter signs collaborative agreement
HFMA’s Puerto Rico Chapter recently joined forces with Puerto Rico’s College of Health Services Administrators to address challenges and opportunities in the field of health services administration. The relationship was made official when the two groups signed a collaborative agreement on Sept. 15 during the Chapter’s Annual Healthcare Update in Isla Verde, Puerto Rico. The…
10 Keys to Restoring Trust in Healthcare
The issue of restoring consumer trust in the U.S. healthcare system encompasses a wide range of concerns. Factors in the perceived loss of trust include anxiety and confusion over costs, entrenched inequity, a glut of misinformation about vaccines and other treatments, and data and privacy breaches. To examine the problem and explore solutions, HFMA’s 16th…
How healthcare organizations are tackling workforce issues in real time
Check out what a group of healthcare finance professionals said regarding workforce management issues including costs, candidate quality, contracting agencies and other issues that can impact a healthcare organization’s profitability in this roundtable discussion.
Theresa Mouton: CFOs need to be able to lead through chaos
As a 34-year healthcare finance veteran, Theresa Mouton, MBA, has seen her share of changes within the industry. Currently the Western Region CFO for Steward Health Care, Mouton oversees 17 hospitals across five states. In a career that has taken her from investor-owned health systems to not-for-profit hospitals and back again to the investor-owned side,…
The No Surprises Act: How healthcare organizations can create a winning strategy
Find a breakdown of the No Surprises Act in this business profile with an update on four main administrative requirements of the bill and insight to improve hospitals and healthcare systems using technology for future regulatory changes.
First Illinois Chapter kicks off 75th anniversary celebration
HFMA’s first chapter — fittingly named First Illinois — recently turned 75 and is marking the major milestone with a year-long celebration. And how did they kick things off? With a party, of course. The event took place July 20 at the Carlucci restaurant in Rosemont, Illinois. Seventy-two attended the celebration, which was part of…
Jill Geisler: 8 ways to lead a team, not a silo
Have you ever worked in an organization where departments or divisions don’t get along well? You might assume it’s caused by old grudges or personality conflicts. But take a closer look. It’s often a leadership issue — and specifically when leaders may have allowed or even encouraged their staff to work as a silo instead…
HFMA member Michael Bumann shares experience as Burning Man medic
Thanks to unprecedented heavy rain, thousands who attended the 2023 Burning Man event Aug. 27-Sept. 4 in Nevada’s Black Rock Desert found themselves literally stuck in the mud. For HFMA member Michael Bumann, it was a transformative experience. Bumann, of Olympic Valley, California, is the founder and CEO of RedDot, a company that specializes in…