June 2019
Cover Story
Marcus Whitney says it’s time healthcare leaders embrace disruption
Industry disruption presents opportunities for established healthcare organizations to partner with emerging companies. For that to happen, the entrepreneur says, leaders need to find the right mindset.
Features
Open “Mike” night — a special session with HFMA’s incoming Chair
Michael Allen, FHFMA, CPA, talks about assuming his role as HFMA’s 2019-2020 National Chair.
How physician-finance partnerships pave the way to higher-value care
Physician leaders and finance leaders can use their respective strengths to complement each other and help each other thrive in a value-based environment.
CMS cardiac procedure changes could cost hospital cardiac programs $700 million
In a move that could have profound financial implications for hospitals, the 2019 Outpatient Prospective Payment System final rule adds 17 cardiac procedures to the list of procedures approved by CMS to be performed in ambulatory surgery centers.
How to improve patients’ payment experience, and health, by making it affordable
By creating a payment plan for patients that makes care more affordable to them, a healthcare provider can promote patients' health be making them less inclined to delay necessary care.
Why hospitals are struggling to make headway improving cost accounting capabilities
Hospital executives say results of a new HFMA study are true: A range of higher-profile priorities, including simple survival, has kept their organizations from improving their cost-accounting abilities for almost a decade.
Columns
New HFMA National Chair kicks off term with dare
Michael Allen, FHFMA, CPA, HFMA’s Chair for FY2019-2020, describes his Chair theme, Dare You 2 Move, challenging healthcare finance leads to move out of their comfort zones so they can grow.
Data: What’s in it for you?
The volumes of patient data healthcare organizations create should help them face their challenges. But in order to use those volumes of data effectively, healthcare organizations need toask the selfish question: What’s in it for me?
3 ways healthcare organizations can take integration to the next level
Consolidating healthcare organizations should continue to pursue opportunities to take integrated healthcare to new levels of effectiveness.
How HFMA is bringing together healthcare finance
HFMA President and CEO Joe Fifer offers a perspective on the new and traditional opportunities that the HFMA community offers.
Departments
LTC 2019 networking event benefits Ronald McDonald House Charities
At HFMA’s 2019 Leadership Training Conference, Chapter and regional leaders collaborated on an HFMA partnership with Ronald McDonald House Charities.
Advertising
Opportunities and strategies for improving pharmacy financial performance
A roundtable of senior healthcare financial and pharmaceutical leaders that covers challenges and strategies for improving pharmacy financial performance.
CareCredit: A proven payment solution
An industry-leading patient financial solutions company details how its credit card solution facilitates patient payment, helping the patient and healthcare organization.
HealthTrust: A holistic approach to value analysis
Three HealthTrust leaders talk about the cost and quality advantages of creating a value analysis program and offer strategies for getting started.
Change Healthcare: Accelerating healthcare innovation by productizing APIs
Change Healthcare talks about transforming the approach to application programming interfaces (APIs) to deliver them as individualized products that solve healthcare-specific problems.