Press Releases

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HFMA Aligns with FinThrive to Introduce the Industry’s First Revenue Cycle Management Technology Adoption Model for Health Systems 

CHICAGO — Nov. 30, 2023 — The Healthcare Financial Management Association (HFMA) announces a strategic alliance with FinThrive, Inc., a healthcare revenue cycle management software-as-a-service (SaaS) provider, to co-launch a five-stage Revenue Cycle Management Technology Adoption Model (RCMTAM) designed to help health systems leverage industry benchmarks to assess their current state of RCM technology maturity…

HFMA November 30, 2023

Healthcare Financial Management Association offers finance education in the Middle East 

Chicago (Aug. 22, 2023) – The Healthcare Financial Management Association (HFMA) is offering a new international educational opportunity with a one-day healthcare finance session at the Global Health Exhibition in Riyadh on Oct. 31. Selat, a Riyadh-based revenue cycle management (RCM) consulting firm and their training firm Nawa, is the exclusive sponsor of the event. …

HFMA August 21, 2023

New report projects robust investment in healthcare revenue cycle and finance solutions, despite economic headwinds

CHICAGO (Aug. 16, 2023) – More than one-third of health system executives participating in a recent survey are planning to automate two or more revenue cycle management (RCM) or finance functions in 2024, according to a report published by the Healthcare Financial Management Association (HFMA) and Eliciting Insights, a healthcare strategy and market research company.…

HFMA August 17, 2023

New HFMA Chair Dennis Dahlen and other directors take office

Nashville, Tenn. (June 27, 2023) – The Healthcare Financial Management Association (HFMA) today inducted Mayo Clinic Chief Financial Officer Dennis E. Dahlen, FHFMA, MBA, CPA, into office as Chair of its Board of Directors for the 2023-24 term, which began on June 1, 2023. In his role as the chief elected officer of HFMA, Dahlen…

HFMA June 27, 2023

James Heffernan Receives HFMA Individual Achievement Award

Nashville, Tenn. (June 27, 2023) – The Healthcare Financial Management Association (HFMA) today presented James L. Heffernan, FHFMA, MBA, with the 2023 Frederick C. Morgan Individual Achievement Award, honoring career-long contributions to HFMA and to the healthcare finance profession. Heffernan was the senior vice president of finance and treasurer of the Massachusetts General Physicians Organization…

HFMA June 27, 2023

Kenneth Stoll Receives HFMA Individual Achievement Award

Nashville, Tenn.  (June 27, 2023) – The Healthcare Financial Management Association (HFMA) today presented Kenneth Stoll with the 2023 Frederick C. Morgan Individual Achievement Award, honoring career-long contributions to HFMA and to the healthcare finance profession. Stoll has been vice president of strategic accounts at RevSpring, based in Nashville, since January 2020. He previously held…

HFMA June 27, 2023

15 winners receive the 2023 MAP Award for high performance in revenue cycle

Chicago, June 25, 2023 – The Healthcare Financial Management Association (HFMA) announced the 2023 winners of the MAP Award for High Performance in Revenue Cycle, including an integrated delivery system, four hospital systems, three individual hospitals, two critical access hospitals and five physician practices. HFMA’s MAP Award for High Performance in Revenue Cycle recognizes providers that have excelled in…

HFMA June 25, 2023

IMA and HFMA Release Report on Cost Management in Healthcare

As the complexities faced by one of the largest and most essential industries continue to rise, IMA® (Institute of Management Accountants) and the Healthcare Financial Management Association (HFMA), today released “Cost Management in Healthcare: Status Quo and Opportunities.” The joint report acknowledges the challenges, identifies opportunities, and presents actionable recommendations for accounting and finance leaders to help healthcare institutions improve quality while lowering costs.

HFMA May 23, 2023

HFMA and IHF announce online healthcare finance training for Eastern Mediterranean Region

The Healthcare Financial Management Association and the International Hospital Federation announced today the launch of the IHF-HFMA Business of Healthcare online training for hospital financial managers in the Eastern Mediterranean Region.

HFMA October 13, 2022

HFMA and Knwbility collaborate on a new revenue cycle certification for healthcare professionals in the Gulf Region

As part of its expansion into international offerings, the fast-growing Healthcare Financial Management Association (HFMA) announced today a new agreement with GCC-based Knwbility Healthcare Training Academy, to become a reseller of HFMA educational content in the Middle East.

HFMA September 2, 2022
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