Financial Sustainability Report: June 2021
This June issue of the Financial Sustainability Report, sponsored by Kaufman Hall, leads off with results of HFMA’s recent report examining the evolving role of the healthcare CFO over the next decade. Two features also examine steps health systems can take to promote success with value-based payment initiatives, including developing models to inform their efforts with risk-based contracts and focusing efforts on removing impediments to success under such contracts.
Healthcare News of Note: Struggling rural hospitals have option to become stand-alone EDs to receive more funding
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: An upcoming option for rural hospitals to receive more funding, a key factor in outcomes of Black patients who receive COVID-19 care, and predictions about the hospital room of the future.
Coronavirus
Keep up with the latest leadership trends for healthcare finance executives, staff development, and financial leadership.
HFMA survey of healthcare finance professionals highlights continuing pandemic-related challenges and some reasons for optimism
Results of HFMA's Outlook Survey show that the healthcare industry is still coping with the challenges of COVID-19 but has started to adapt to a post-pandemic future.
Healthcare News of Note: More healthcare organizations mandating that employees receive the COVID-19 vaccine
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: COVID-19 vaccine mandates become more popular among healthcare organizations, hospitals continue to skirt price transparency rules, and healthcare workers get help in coping with trauma.
Healthcare News of Note: Sg2 report says lower-acuity care to continue its migration outside of hospital walls
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Hospitals to continue to see loss of lower-acuity care, nursing shortage spurs health systems to offer sign-on bonuses and some newly passed state laws could put public health at risk.
Hypersensitivities only serve to suppress honest equity conversations
The racial equity conversation needs to be had in this country, and even with hypersensitivity around the topic, HFMA’s Community DEI group is now having the conversation.
“I’m just glad I brushed my hair today.” The challenges, and some strategies, for working moms during a global pandemic.
A year ago, things were looking good for working women. At the end of 2019, the number of women in the workplace surpassed the number of men for the first time in a decade. But the pandemic has driven so many women out of the workforce to undo that progress, according to a recent report from McKinsey & Company. In this episode, Annie Kurdziel and Elizabeth Newman from McKinsey & Company, join us to discuss the challenges they face as working moms as well as some strategies for individuals, managers and leadership as the United States approaches the one-year mark on widespread remote work and school. Also in this episode, Laurie Heavey from sponsor ClearBalance talks about new research on patient-friendly payment.
May marked the first increase in hospital employment so far in 2021
The employment picture took a positive turn for hospitals in May after the sector experienced a net loss of jobs in each of the first four months of 2021.
Why closer collaboration between healthcare providers and health plans is crucial, and where it could pay off the most
New types of provider-payer associations place an emphasis on increasing the value of healthcare rather than merely offering cost savings.