Healthcare Revenue Cycle Management News

Rethinking patient payments and providing a consumer-friendly experience

An innovative healthcare technology company talks about how its technology-fueled billing and payment platform enables a compassionate patient financial experience while efficiently driving revenue into a healthcare organization.

By HFMA July 31, 2020

Top long-range challenges for healthcare organizations in the aftermath of COVID-19

Guidehouse's David Burik anticipates much variation in how well organizations weather COVID-19 and reviews types of long-range challenges providers may face in the pandemic's aftermath.

By Deborah Filipek July 31, 2020

Calling all HFMA members: ‘Lift Every Voice and Sing’

The song "Lift Every Voice and Sing," known as the Black national anthem, has a message that continues to have relevance to the nation in this time of struggle, both against the COVID-19 pandemic and against the racial injustice that continues to plague our society.

By Michael M. Allen, FHFMA, CPA July 31, 2020

COVID-19 continues to play havoc with hospital financials

The U.S. hospitals face two significant pressures through the end of 2020: continuing spikes in COVID-19 admissions and, if the economic rebound falters, a rise in the numbers of patients who are uninsured or insurebd ny public insurance.

By Gail R Wilensky, PhD July 31, 2020

Beyond COVID-19: A guide to economic recovery for health system CFOs

As healthcare CFOs prepare fro the aftermath iof the COVID-19 pandemic, they should adopt a new mindset for addressing strategies around human capital, revenue recovery, cost reduction and capital investment.

By Deirdre Baggot, PhD, RN July 31, 2020

Sepsis poses a cost-containment challenge in the face of the COVID-19 pandemic

Sepsis is among the largest cost drivers for U.S. hospitals, and it contributes to higher costs of care for patients with COVID-19. Hospital finance leaders therefore should understand and focus on managing the cost impact of sepsis treatment on their organizations.

By David Kulick, MPH July 31, 2020

The coronavirus pandemic: A time when cash becomes priceless

Venson Wallin and Richard Walker of BDO Consulting discuss cash: how to get it, how to keep it, and how to use it wisely.

By Erika Grotto July 30, 2020

Why it’s so important for healthcare providers to discuss cost and payments with patients

The patient financial conversation is more important than ever in a time of COVID-19.

By HFMA July 29, 2020

Congress may not provide a surprise bill fix prior to the election, but patients may find HFMA’s consumer guide useful

Given Congress is unlikely to provide a surprise bill fix prior to the election, Chad Mulvany suggests hospitals provide patients with HFMA's consumer guide on avoiding surprise bills to learn what questions to ask prior to any scheduled services.

By Chad Mulvany, FHFMA July 29, 2020

Senate’s COVID-19 bill disappoints hospitals

Hospitals were frustrated proposed hospital funding levels and tweaks to Medicare advance payments as proposed in Senate Republicans’ new COVID-19-relief bills.

By Rich Daly July 29, 2020
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