Healthcare Revenue Cycle Management News

Focus on thought leadership and better practices: A testament to HFMA’s vision and purpose

From its very inception, HFMA has embraced the idea of thought leadership and professional practice. Major milestones have included the Principles and Practices Board, The Patient Friendly Billing Project, The Value Project and the recent focus on consumerism.

By Eric C. Reese, PhD September 30, 2021

Q&A: What healthcare professionals can do to stay safe while traveling and attending live events

Mayo Clinic’s Sean C. Dowdy shares best practices healthcare professionals can use to stay safe while traveling and attending live events, and he discusses what Mayo Clinic’s COVID-19 modeling shows for Olmsted County in Minnesota.

By Deborah Filipek September 29, 2021

After a long wait, HHS sends out details on the next Provider Relief Fund distributions

The U.S. Department of Health and Human Services announced $25.5 billion in upcoming distributions from the Provider Relief Fund.

By Nick Hut September 28, 2021

The future of the clinical workforce: Joyce Fitzpatrick, Case Western Reserve University, and Robyn Begley, CEO of the AONL and chief nursing officer of the AHA, discuss challenges in nursing

Joyce Fitzpatrick, a nurse and director of the Marian K. Shaughnessy Nurse Leadership Academy at the Frances Payne Bolton School of Nursing at Case Western Reserve University and Robyn Begley, CEO of the American Organization for Nursing Leadership and the chief nursing officer for the American Hospital Association, discuss the challenges facing the nursing profession.

By Erika Grotto September 27, 2021

Cost Effectiveness of Health Report, September 2021

HFMA’s Cost Effectiveness of Health Report, sponsored by Kaufman Hall, is a monthly e-newsletter that will explore ways to ensure healthcare delivery in the United States is not only financially sustainable but also cost effective for all of its stakeholders — including health systems, physicians, health plans and patients. In this inaugural issue of the report, healthcare futurist Jeff Goldsmith shares his perspectives on the need for a focus on improving cost effectiveness of health as a societal imperative.

By HFMA September 27, 2021

Recipients of COVID-19 vaccine boosters won’t have to pay anything out of pocket, CMS confirms

Medicare beneficiaries will owe nothing out of pocket for receiving an authorized booster dose, and the same applies to almost all Medicaid beneficiaries and most commercial health plan members.

By Nick Hut September 26, 2021

Healthcare price transparency initiatives may fall flat due to systemic factors, expert says

Niall Brennan, a leading expert on healthcare cost drivers, is among the skeptics who doubt the ongoing price transparency push can result in a more efficient system.

By Nick Hut September 23, 2021

Healthcare News of Note: Front-line healthcare workers leaving jobs without having another one lined up, McKinsey survey shows

Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: The Great Attrition is a real phenomenon, health systems have been slow to optimize technology, and chronic care is likely to grow telehealth use.

By Deborah Filipek September 23, 2021

The hospital industry is projected to finish 2021 with a $54 billion loss, report finds

The financial turmoil that has affected hospitals and health systems throughout the COVID-19 pandemic won’t be alleviated during the remainder of this year, according to projections.

By Nick Hut September 21, 2021

New rule describes the penalty associated with regulations on surprise billing

A new rule from HHS sets forth the maximum penalty for violations of new patient-billing regulations that take effect Jan. 1, 2022.

By Nick Hut September 14, 2021
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