hfm Magazine: March 2019
Practical Tips for Maintaining Control over the Revenue Cycle
Using technology to prevent denied claims and providing patients with price transparency are just two ways healthcare organizations can improve their revenue cycle performance.
By Eric Arnson
Improving Patient Acquisition and Retention With Digital Care Coordination
By improving the patient experience from the first communication with a provider to post-discharge care, a healthcare organization can help attract and retain more patients.
By Jason Kressel
Monetizing Data: The Key to Realizing the Value of Data Analytics
Healthcare organizations require data analytics to succeed in the emerging value-focused healthcare environment, and through data monetization, in which they use these assets to create economic value, they can realize the value of their investment in the analytics.
By Stephanie Crabb
Toward a More Effective Way of Validating Cost Data
Although there are no industry standards for measuring costing accuracy, financial analysts can take steps to ensure the cost number accurately reflects to the true cost of an item.
By Paul Selivanoff
Return on Analytics: Addressing the ‘Signals’ in the ‘Noise’
A healthcare organization’s ability to sustain high-value care delivery and ensure its long-term strategic financial viability depends on how effectively it applies data analytics to inform improvement efforts related to quality, cost, and patient experience.
By Jennie D. Dulac, RN, Scott R. Engel, Therese A. Fitzpatrick. PhD, RN, FAAN, Jay Spence
Provider Nimbleness Required for Diverse Value-Based Healthcare Models
Providers must be nimble to adapt to new value-based healthcare strategies.
By Theresa Hush
From the Chair
The Value of Financial Analytics
Data analytics and business intelligence are essential tools for effectively managing the financial performance of healthcare organizations.
By Kevin Brennan, FHFMA, CPA
Eye on Washington
Efforts to Address Surprise Medical Billing Could Yield a Bipartisan Solution
Although there may be bipartisan support in Congress for solving the problem of surprise medical bills from providers outside of patients’ networks through legislation, the current political climate could pose a barrier to such a legislative solution.
By Gail R. Wilensky, PhD
Strategic Partnerships in An Era of Value
Healthcare organizations are diving into partnership business models to leverage expertise, advanced analytics, and emerging technologies.
By Helen Stewart and Eric Kammer
From the President
Introducing a Road Map for Advanced Cost Accounting
HFMA President and CEO Joe Fifer discusses the new cost accounting model launched as a collaboration between HFMA and Strata Decision Technology.
By Joseph J. Fifer, FHFMA, CPA
Kaufman Hall: 5 Key Learnings from HFMA’s Financial Analytics Leadership Council
Tips-focused article about the role of data governance and how to establish a strategy. Key points pulled from the HFMA Financial Analytics Leadership Council.
Grant Thornton: Guiding Organizations Through Cloud-Based ERP Adoption
A senior leader at Grant Thornton LLP HealthCare Advisory Services talks about key ways to lay the groundwork for a shift to cloud-based ERP solutions. Insights stem from a presentation given at the HFMA Large System Controllers Council.