New report: Patients and insurance companies in the United States pay higher prices for almost everything healthcare-related
Healthcare providers are likely to experience increased scrutiny and pressure to lower healthcare costs in 2020. To help its members successfully navigate this new environment, HFMA is hosting its first Financial Sustainability Summit April 16-17 in Denver (hfma.org/events).
Hospitals have an opportunity to cull big savings from purchased services
The very real possibility of being able to reduce purchased services spend by 10% to 15% offers hospitals and health systems a compelling reason to pursue such an effort.
Care management and reduced LOS: How hospital leaders can connect the dots
Emerging care management approaches are focused on coordinating each step in a patient’s care journey, from tracking status at admission to coordinating with community-based providers after patients are discharged.
How healthcare providers can avoid being at a disadvantage when negotiating risk contracts
Stratifying patients by risk helps finance leaders understand the cost implication differentials of shifts in utilization, giving their organizations a more solid footing in risk-based contract negotiations.
How Orlando Health stemmed healthcare costs by eliminating unnecessary clinical process variation
An initiative to eliminate unnecessary variation in care processes for six diagnostic groupings enabled Orlando Health to significantly reduce its average length of stay for the diagnoses while realizing a substantial reduction in cost.
CDC: Hospitals must screen all ED patients for new coronavirus
New guidance from the CDC explains the steps required of hospital emergency departments when treating patients suspected of having COVID-19.
2020 Healthcare Corporate Services Report
A survey of provider executives about corporate services spending, expense reduction, and technology optimization trends.
The new hfm is (re)designed to help you get what you need faster and easier
A new, next-level design makes hfm easier to read and more useful than ever.
Main Line Health improves its bottom line by creating a collaborative culture
A health system's multifaceted performance improvement initiative, which yielded more than $120 million in savings, is exemplified by its approach to improving care processes in its ICUs.
The 5 keys leaders need to transform their organization’s culture
More than simply updating office decorations or rewriting a mission statement, transforming a company's culture requires addressing deep-seated assumptions.