Inside HFMA: HFMA’s small group Executive Councils meet to solve big problems
HFMA Executive Councils are communities of thought leaders who meet regularly to address challenges and network in job-specific groups. They seek HFMA’s support to delve into understanding the current state of the healthcare finance industry and their respective focus areas. and they look to HFMA to provide them with aggregate data that can help them…
Healthcare’s leadership challenge: balancing immediate needs with future readiness
Amid rising financial challenges and pressures to maintain high standards of care, a survey of healthcare finance professionals suggests leaders are more focused on directing resources toward financial sustainability strategies and compliance than innovation. The findings raise concern that leaders are overemphasizing financial viability and regulatory compliance over investments that could transform care delivery and…
Gordon Edwards: Lessons learned from the CFO of a children’s hospital
Gordon Edwards, CFO of Akron Children’s Hospital, has a credo he lives by: “We improve the health of kids.” It’s a credo that reflects his belief that children’s hospitals are among the most rewarding places to work in healthcare. “Children’s hospitals are just happier places, because everyone is dedicated to providing children with the opportunity…
9 features of a revitalized healthcare workforce
As the 2030s approach, the horizon looks daunting for the healthcare workforce. Consider these trends: The entire baby boomer generation will be eligible for Medicare coverage by the turn of the decade. Clinician shortages are projected to be well into the six figures by 2034, accelerated by a reported exodus of 145,000 clinicians in 2021…
Detained suspect in the killing of UnitedHealthcare CEO Brian Thompson seemed to have a grudge against the healthcare industry
The capture of a suspect in the homicide of UnitedHealthcare CEO Brian Thompson appeared to confirm the notion that anger at the healthcare industry motivated the perpetrator. A man named Luigi Mangione, 26, was apprehended at a McDonald’s in Altoona, Pa., on Monday, five days after Thompson was gunned down outside the site of parent…
Motive, perpetrator remain elusive in shooting death of UnitedHealthcare CEO Brian Thompson
Media reports and law enforcement sources described Wednesday morning’s fatal shooting of UnitedHealthcare CEO Brian Thompson as a targeted attack against a high-profile executive, but as of early evening, police could not say why it happened. Thompson, 50, a married father of two teenage children, was walking toward the New York Hilton Hotel in Midtown…
People: Kirsten Largent named new CFO of OSF HealthCare
OSF HealthCare in Peoria, Ill., has named Kirsten Largent, CPA, as its new CFO, while Bartlett Regional Hospital in Juneau, Alaska, has promoted Joe Wanner, CHFP, FACHE, MBA, to the position of CEO, and Madison County Health Care System has promoted Audra Ford, MHA, to the position of CFO.
Let’s reimagine our approach to workforce challenges
Bloomberg Philanthropies is investing in youth to address healthcare's talent shortage, creating "healthcare high schools" in 10 cities across the country, which combine classroom learning with hands-on experience and the opportunity to earn industry certifications and college credit.
Chapter News: HFMA’s Central Ohio Chapter invests in the future of healthcare finance
The Central Ohio Chapter of HFMA offers tuition assistance to full-time students pursuing an undergraduate or graduate degree in any healthcare management-related profession, and has seen a 350% increase in student membership since the program was launched in 2020.
How a focus on fortitude can reduce physician burnout
Healthcare leaders can reduce burnout among physicians and staff by adopting a multifaceted framework to understand the problem, which includes fostering fortitude and addressing individual differences, as well as improving the work environment.