News Watch Data Analysis
June 2018
Cover Story
Achieving an Aligned Physician Enterprise Through Cultural Transformation
By aligning with physicians and staff members, health system leaders can effect change in their organizations to meet consumer needs and wants.
Video
Video: The Evolution of Payment Models
François de Brantes, former vice president and director for the Altarum Payment Institute, discusses payment models.
Early Edition
Healthcare Innovation in an Age of Contradictions
Trends in four key areas—consolidation, value-based care, Big Data, and generational differences—are disrupting the U.S. healthcare system and promoting innovation, according to surveyed healthcare executives.
Offshore Versus Domestic Outsourced Coding Services: A Comparative Assessment
Although offshore outsourced medical record coding services are widely believed to a cost-effective outsourcing option, a recent study identified concerns that healthcare providers considering this option should address before moving forward.
6 Ways Tablets at Registration Deliver ROI to Enterprise Health Systems
The cost savings that result from eliminating paper forms at patient check-in can be significant for health systems.
Why Organizational Culture is Critical to Success
Effective leadership requires good communications skills as well as a strong vision.
The Trump Administration’s Approach to Value
Ever since HHS Secretary Alex Azar announced that one of his priorities for the U.S. healthcare system would be to accelerate the shift to value-based care, industry stakeholders have awaited insight into how he would turn that priority into to policy action.
Features
Incoming HFMA Chair Calls on Finance Leaders to ‘Imagine Tomorrow' to Improve Care Delivery and Accessibility Today
HFMA’s 2018-19 Chair, Kevin Brennan, CPAs, calls upon healthcare finance leaders to imagine a future in which innovation promotes improved access to health care that is both more reliable and more affordable.
The CFO’s Role in Accelerating Systemwide Performance Improvement
The varied expertise of CFOs positions them as natural leaders of performance improvement initiatives.
Collaborating for Value: The Path to Successful Academic-Community Relationships
A partnership involving an academic medical center and a community health centers can offer clear benefits to both parties, but before entering on such a relationship, they also should understand the risks it poses.
Bundled Payments for Care Improvement Advanced: 5 Critical Issues
When considering whether to participate in the Bundled Payments for Care Improvement Advanced program, hospitals and health systems should examine five key areas that could affect their performance under the program.
Innovating to Care for High-Need, High-Cost Patients
Providers and health plans need to broaden their views to find and implement approaches that deliver greater value to the patient while ensuring the financial sustainability of the system.
Focus Area
Improving Revenue Cycle Performance by Following Changes in Care Plan
A Maryland-based health system implemented a new tool and processes to decrease denials by following up on deviations from patients’ plans of care.
Healthcare Transformational Landscape: Impact on Accounting From EHR Platforms and Other
The cost of implementing a new electronic health record system can be expensed or capitalized over the life of the implementation project.
Columns
HFMA National Chair Encourages Healthcare Finance Professionals to ‘Imagine Tomorrow’
HFMA’s 2018-19 Chair, Kevin Brennan, asks healthcare finance leaders to imagine a tomorrow where everyone has access to safely delivered and affordable health care when they need it.
Trending Toward Home Care: Is Our Health System Ready?
The advancement of telemedicine and home-based technology presents both opportunities and challenges with respect to improving health care and making it safer.
The Five C’s of Innovation
A recent HFMA study of healthcare organizations in nine markets considered the factors involved in organizational change.
It's Showtime!
HFMA President and CEO Joe Fifer shares perspectives on innovations and traditions at HFMA’s newly revamped Annual Conference.
Medicare Acute Inpatient Hospital Stays per 1,000 Enrollees, 2016
Supplements
Navigating Value-Based Reimbursement
A roundtable discussion about value-based reimbursement challenges, opportunities, and strategies for success.
Advertising
Pursuing an Integrated Approach to Pharmacy
This article looks at Premier’s work in helping health systems improve their pharmacy operations to be more integrated, cost-effective, and patient-focused.
TRIMEDX: Moving Healthcare Providers Toward Mature Clinical Asset Management
This article includes a discussion by TRIMEDX leaders about the best ways to mature a clinical asset management program.