Pandemic increases pressures for rural hospitals struggling pre-COVID-19
HFMA's Chad Mulvany says weakened rural providers will likely seek to align more closely or be acquired by a larger healthcare system or merge with one another to gain economies of scale.
Offering long-term payment plans to meet the financial needs of patients
A forward-thinking bank talks about its accessible patient finance program, which gives patients a way to afford care while ensuring timely payment for healthcare organizations.
How Spectrum Health achieved a $64.3 million margin improvement
Strong change management played a key role in an HFMA MAP Award winner’s revenue cycle transformation.
Reducing bad debt at a comprehensive care center
Intervention efforts pre- and post-treatment engaged patients at Northwestern Medicine's cancer treatment facilities and helped reduce bad debt by 65% per month from the baseline period to the intervention period.
Commercial health plans’ value-pay response to pandemic mixed, say providers
Commercial health plans have offered providers in value-based payments some pandemic-related flexibilities but rejected some changes.
Biohacking: What healthcare finance leaders need to know about this evolving enterprise
Biohacking is an emerging concept in healthcare that may have value in enabling healthcare providers to better manage the costs of care.
COVID-19 hospitalizations fall to 24% below their latest peak, HHS says
The latest COVID-19 surge appears over, as positive rates and hospitalizations are declining nationally, says the Department of Health and Human Services.
5 factors that will make the next recession different from 2008
Hospitals came through the Great Recession relatively unscathed, but a future recession would likely pose much more severe challenges. It therefore would be prudent for hospitals to act now to protect themselves against future market distress.
Proposed CY 2021 Medicare Physician Fee Schedule changes: Analysis of impact on telehealth flexibilities and E/M coding
HFMA's Katie Gilfillan says the E/M coding changes taking place January 1, 2021, will have significant impacts not only to primary care physicians but also will have significant impact on specialist’s reimbursement.
New data analytics hold the key to promoting consumerism in healthcare
Panelists at HFMA’s Digital Annual Conference in August explored how recent advances in data analytics are helping to improve the patient experience of care and advance consumerism in healthcare.