Operations Management

Reports on healthcare labor trends indicate an improved outlook for hospitals

The labor picture continues to stabilize for hospitals even amid sustained high demand for healthcare services, according to new insights. In its latest labor tracker, Fitch Ratings reported that hospital staff payrolls have been steadily expanding and now represent a 6.7% increase relative to the pre-pandemic month of February 2020. Hospitals added 18,650 jobs per…

Nick Hut September 21, 2024

Medical device management: How to rein in elusive costs

This research paper shares the awareness, perceived value, and use of medical device management services by healthcare executives. It introduces the need for three capabilities: technology-enabled clinical engineering, clinical asset management informatics, and cybersecurity to achieve results.

HFMA August 30, 2024

How to re-engage hospitalists, rebuild care teams and improve LOS in the post-COVID environment 

Healthcare teams are facing disrupted communication pathways and relationships due to the COVID-19 pandemic, leading to increased length of stay (LOS) and financial performance issues, but a back-to-basics approach with hospitalists leading care team rebuilding can help overcome these challenges.

Bonnie Proulx, DNP, APRN, PNP-BC August 22, 2024

Hospitals will get only a small bump in Medicare inpatient payments for FY25

Hospital representatives were less than excited about the rate update in Medicare’s FY25 final rule for inpatient care and long-term care hospitals. Published Aug. 1, the rule includes a 2.9% rate increase for acute care hospitals in the fiscal year that begins Oct. 1. The increase is derived from a 3.4% hike in the market…

Nick Hut August 2, 2024

The fate of the FTC’s ‘noncompete’ rule appears muddled after early court decisions (updated)

Aug. 20 update: This article has been updated with news that a court has halted the FTC’s rule from taking effect. See the update below. A highly scrutinized rule prohibiting employers from using noncompete agreements has received a mixed reaction in the courts during the leadup to its implementation. Set to take effect Sept. 4,…

Nick Hut August 1, 2024

CMS looks to fortify primary care with proposed new codes for advanced care management

With newly proposed regulations, CMS aims to establish coding and payment for services that promote longitudinal relationships between clinicians and patients in primary care. The provisions, part of Medicare’s 2025 proposed rule for physician payments, incorporate new HCPCS G-codes for advanced primary care management (APCM). Three bundles of APCM services would be billable as codes…

Nick Hut July 24, 2024

Elevating Patient Access and the Consumer Experience

This report explores how improving access and the consumer experience in healthcare requires much more than opening a digital front door.

HFMA July 18, 2024

Transforming Revenue Cycle Management with Intelligent Automation

Download this white paper for an overview of how data-driven strategies for adopting intelligent automation could potentially save billions in healthcare spending, reduce clinician burnout, and improve the patient experience.

HFMA July 18, 2024

A proposed Medicare condition of participation would bring a slew of new requirements for OB care

Note: HFMA’s coverage of the payment update in the outpatient payment proposed rule can be found here. Hospitals intending to participate in Medicare must meet new standards for obstetric (OB) care, according to CMS’s proposed outpatient rule for 2025. The rule proposes to establish a new Medicare condition of participation (CoP), whereby hospitals and critical…

Nick Hut July 12, 2024

Annual Conference Day 2: Keynote speaker Suneel Gupta expounds on the importance of recharging

Rest and breaks from work should be viewed not as a reward, but as a resource that supports performance, Suneel Gupta, wellness CEO, best-selling author and visiting scholar with Harvard Medical School, told HFMA Annual Conference attendees during Tuesday’s keynote presentation in Las Vegas. “When we look at the science behind human performance, what we…

Paul Barr, MS, MBA June 26, 2024
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