Conference | Financial Sustainability
During this inaugural event, healthcare executives will gain insights on how leading organizations leverage cost management, performance improvement, clinical transformation, strategic partnerships, and more to build a financially sustain...
How To | Financial Sustainability

Financial Sustainability Report: May 2020

Sponsored by Kaufman Hall
How To | Financial Sustainability

Financial Sustainability Report: May 2020

This issue of the Financial Sustainability Report offers insights and guidance that can help healthcare finance leaders develop long-term solutions for recovering and thriving in the new healthcare landscape that emerges after the COVID-19 pandemic.


How to plan for and profitably operate telehealth services
By Lucy Zielinski
The COVID-19 pandemic has opened new opportunities for hospitals and health systems to substantially expand their use of telehealth services. But it is not the sole reason telehealth has gained popularity. Implemented properly with careful planning, telehealth can be a strong revenue source going forward.

After COVID-19

Top long-range challenges for healthcare organizations in the aftermath of COVID-19
By Deborah Filipek 
An industry expert explains why the long-term challenges healthcare organizations will face in the aftermath of the COVID-19 crisis will vary considerably, depending on each organization’s circumstances.

Rolling forecasting will help get hospitals through the COVID-19 crisis
Sponsored by Kaufman Hall
By Kate Guelich and Dan Majka
The upheaval hospitals and health systems are experiencing as a result of theCOVID-19 pandemic has made traditional annual budgeting processes inadequate. Organizations should consider adopting instead a budgeting process based on rolling forecasting.

The coronavirus launches providers into new world of virtual healthcare
By Bill Eggbeer and Rick Wesslund
The new focus on virtual healthcare in the post-COVID-19 world will bring about an unprecedented industry transformation.  

COVID-19: long-term implications for the nation’s health system
By Ken Perez
The COVID-19 pandemic’s impact on the nation has historical implications. Among the various national responses, we likely will see investments in strengthening hospitals’ abilities to deploy temporary facilities, draw upon backup staffing and build stockpiles of key items. 

COVID-19: No time for hesitation among healthcare finance professionals
By Ken Kaufman
Healthcare leaders should not allow today’s uncertainties to stand in the way of their moving forward deliberately now with financial planning.


Possible 'silver lining' for rural hospitals seen in attention generated by COVID-19 
By Lola Butcher
The COVID-19 pandemic creates an opportunity to focus attention on the fragility of rural hospitals, which may be able to secure needed support as a result.

Some hospitals pursue coronavirus assistance through FEMA — the 'payer of last resort'
By Rich Daly
Hospitals are seeking FEMA funding to cover expenses incurred as part of their coronavirus responses.


Related Articles | Financial Sustainability

Article | Telemedicine

Telemedicine is exploding, but where is the ROI for health systems?

Telehealth is well on its way to having much broader acceptance and use than was seen at any time prior to the COVID-19 crisis. Yet there continue to be barriers and challenges in its widespread adoption.

How To | Financial Sustainability

3 objectives for an innovative and practical revenue cycle work-from-home program

To develop a sustainable remote-work policy for revenue cycle staff, healthcareganizations must address concerns about staff morale, team cohesion and protection of cash flow.

How To | Financial Sustainability

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.

Case Study | Financial Sustainability

Optimal use of APPs can enhance a health system’s post-COVID-19 financial recovery

A strategy by Excela Health in Pennsylvania focused on integrating and optimizing its the advanced practice provider workforce can serve as a road map for how best to pursue such an undertaking.