4 actions to provide a better billing experience for patients with coronavirus
Healthcare leaders who feel overwhelmed by the ever-changing coronavirus situation should not forget to ensure patients have a good financial experience in the organization.
U.S. hospitals could face operating cost, revenue and uncompensated care issues due to the new coronavirus outbreak
HFMA's Chad Mulvany says despite the additional federal funding and moves by some states to help with testing and treatment for COVID-19, hospitals should anticipate increased operational costs and uncompensated care expenses.
$7.8 billion coronavirus legislation includes hospital support
Congress is quickly advancing a coronavirus funding package that will address some hospital preparation priorities.
Disaster fund may pay hospitals for uninsured coronavirus patients
The Trump administration is considering using a federal disaster fund to pay hospitals for care of uninsured patients who are sick from the coronavirus.
COVID-19 provides an opportunity for healthcare leaders to revisit coding processes
The spread of COVID-19 in the United States presents a reminder to healthcare leaders to prepare their coders for quick process changes.
Azar warns about hospital overcrowding if the public overreacts to the coronavirus
People could swamp hospitals if they overreact to the novel coronavirus, the senior federal healthcare official warned Congress this week.
Hospitals and physician practices generally achieve ‘moderately effective’ use of cost data, according to a survey, which also identified more effective approaches
Although many healthcare organizations say they have achieved middling results in their cost accounting efforts, that could improve through widespread adoption of approaches identified as most effective.
Eliminating cost as a barrier to healthcare
An innovative financial services company talks about how it addresses patient payment pain points, offering patients interest-free payment arrangements without any fees and helping healthcare organizations improve self-pay collections without increasing domestic spend.
Perspective matters when it comes to media scrutiny of health system collection practices
HFMA’s Chad Mulvany says 31,000 lawsuits may seem like a lot but adjusted to an annual basis and the population of the study’s geographic area, the actual number is much smaller than one would expect.
HFMA’s Consumerism Maturity Model provides an opportunity for healthcare organizations to assess their consumer readiness
Provider organizations can assess and improve their consumerism readiness using HFMA’s Consumerism Maturity Model.