Healthcare Revenue Cycle Management News

Flu season, COVID-19 testing and chicken soup

Healthcare organizations should be prepared for the challenges of unprecedented flu/COVID-19 season, with a primary fiocus on encouraging people to get flu shots, arranging for appropriate testing, promoting habits that contribute to health and wellness and to demonstrating a true spirit of caring.

By Martin Bluth November 25, 2020

Spillover effects of COVID-19 portend growing challenge for hospitals

Far more attention has been paid to the direct effects of COVID-19 on the healthcare system, including on hospitals, than to its indirect effects on hospitals, which include the impact on care other than COVID-19-related care.

By Gail R Wilensky, PhD November 24, 2020

COVID-19-induced revenue issues and staffing challenges causing some PCP practices to close their doors

HFMA's Chad Mulvany says if Congress passes another COVID-19 relief bill, which includes an additional PRF appropriation, it will address the PCP’s short-term financial issues, but will not solve staffing issues.

By Chad Mulvany, FHFMA November 24, 2020

HHS Provider Relief Fund clarifications provide much-needed information

Several clarifications related to the treatment of depreciation, expenses for stockpiling PPE and revenue to the HHS Provider Relief Fund (PRF) FAQs were released Nov. 18 by the U.S. Department of Health & Human Services.

By Chad Mulvany, FHFMA November 24, 2020

3 steps for executing an effective consumer-driven physician strategy

Physicians and health systems (including hospitals) that collaborate continuously on improving the consumer experience and bringing decisions as close to the consumer as possible will win in the emerging post-COVID-19 world.

By Robert A. Dickinson, MBA November 24, 2020

How hospitals’ labor cost responses to the COVID-19 pandemic, differed and what the lessons learned mean for the future

The pandemic forced aggressive hospital cost controls to offset a historic revenue collapse. Labor cost control was key to that response and could see long-term implications.

By Rich Daly November 23, 2020

Hospitals face challenge in finding healthcare’s ‘missing consumer’

The COVID-19 pandemic has accelerated demand for more consumer-friendly services and processes. Hospitals should respond by pursuing coordinated, strategic efforts to give consumers better access, experience, pricing and infrastructure.

By Paul Crnkovich November 23, 2020

Financial Sustainability Report: August 2020

The August 2020 Financial Sustainability Report, sponsored by Kaufman Hall, offers healthcare finance leaders guidance on how to set compensation for physicians in surgical specialty areas and how to pursue a financially sustainable business model for virtual care,

By HFMA November 23, 2020

Financial Sustainability Report: June 2020

The June issue of the Financial Sustainability Report, sponsored by Kaufman Hall, provides a broad range of new guidance for healthcare finance leaders on how to adapt and thrive in healthcare’s emerging new world in the aftermath of COVID-19.

By HFMA November 23, 2020

Financial Sustainability Report: May 2020

The May issue of the Financial Sustainability Report, sponsored by Kaufman Hall, offers healthcare finance leaders insights that can help them develop long-term solutions for recovering and thriving in the new healthcare landscape that emerges after the COVID-19 pandemic.

By HFMA November 23, 2020
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