How one ACO leveraged universal truths of value-based contracting for success
A finance leader of successful East-coast accountable care organization describes the key factors that have enabled the ACO to thrive under value-based payment contracts.
To transform your organization, start by transforming your strategy execution
In an era when strategy execution is more important than ever in healthcare, a Strategic Realization Office can be a vital tool.
Not-for-profit healthcare organizations should understand the benefits and risks of FASB's new alternative accounting approach
A FASB Financial Accounting Standards Update now allows not-for-profit healthcare entities to adopt an accounting alternative previously available only to non-public business entities, but the not-for-profits may find it more beneficial not to do so.
Why hospitals should focus on improving the value of care in the cardiac cath lab
Web special: Healthcare finance leaders should be aware of care protocols that can improve patient outcomes and satisfaction while reducing costs, particularly in high-cost services lines. One such protocol is the use of transradial access for patients undergoing percutaneous coronary intervention.
How healthcare providers can conduct a consumer-focused pricing strategy
The growth of consumerism in healthcare has made it imperative for healthcare providers to develop a pricing strategy that can help them achieve a competitive advantage among consumers in their markets.
Strategy, technology and tactics for sustainable performance improvement
Results of a recent survey, in which hospital and health system leaders described areas where their organizations have the greatest need for performance improvement, point to four key strategic areas of focus for these leaders.
Innovative startup works to solve billing problems for patients and providers
HFMA members voted Papaya, a mobile app for patient payment, the most innovative startup at HFMA’s June Annual Conference.
Shake it up — it’s what healthcare leaders need to do to move ahead
The philosophies of two leading sports executives provide lessons for healthcare finance leaders on the need to take risks to be successful.
Opponents of Medicare expansion should focus on pitfalls of proposals
Eye on Washington: Challenges to Medicare expansion and "Medicare for All" proposals should address some of the very real potential pitfalls of the proposal, including their projected price tags.
Tips on how leaders should communicate during major change initiatives
During times of organizational change, leaders should recognize the importance of communication in ensuring the change gets implemented effectively.
2 USDA loan programs offer advantages for rural healthcare organizations
Capital Finance: Two rapidly increasing USDA rural loan programs offer many rural hospitals low-interest capital finance options that have fewer requirements than commercial debt.
3 ways cost models are a key to success under risk
Business Intelligence: New primary care models can help healthcare organizations achieve financial goals.
Where is your health system on the journey to systemness?
Healthcare Innovation: Healthcare organizations should keep track of progress toward operating as a unified system after mergers and acquisitions.
HFMA’s December Chicago Seminars focus on revenue cycle essentials, value-based payment and chargemaster strategies
Register now at hfma.org/seminars to learn about the most pressing issues in the industry today during a two-day focused education Dec. 5 and 6 in Chicago.
Growth of Enterprise Solutions reflects the value of HFMA membership
Enterprise members of HFMA testify to the various benefits the membership opportunity has presented to them.
Tri-State 2019 focuses on industry trends
Four Chapters united for their 6th biennial and largest attended event in mid-September to learn and connect on payment trends. Plus, a farewell to HFMA Chapter Relations Specialist Pat Kosar.
News Watch November 2019: Developments and trends shaping healthcare finance
News Watch: News stories about recent developments and trends shaping healthcare finance in the United States.
In the wake of recent news, providers should examine their patient collection practices to avoid pitfalls
Best practices can help healthcare providers avoid some of the pitfalls of trying to collect on patient debt.
Lone Star Chapters’ Jorge Fernandez joins Triage Consulting
President-Elect of the HFMA Lone Star Chapter Jorge Fernandez provides information on his new job, the benefits of HFMA membership and five fun facts about his life. Also, three other HFMA members share their job news and one member earns an MBA.
HFMA: CMS transparency effort misses the mark
Podcast: HFMA President and CEO Joe Fifer discusses HFMA’s perspectives regarding a CMS proposed rule that has generated controversy in that it would require the public release of rates hospitals negotiated with health plans.
Top revenue cycle challenges and opportunities
Important learnings from a September 2019 HFMA study about the impact of EHRs, consumer self-pay and IT budgets on revenue cycle operations.
Pursuing revenue cycle innovation
A roundtable of healthcare financial leaders explores strategies for optimizing the revenue cycle to reduce cost-to-collect, limit revenue leakage and meet patient and payer expectations.
Analyzing pre-payment and point-of-service collections efforts
Important learnings from a June 2019 HFMA Annual Conference intercept survey about how hospitals and health systems are making strides in proactively collecting patient payments.
Vitalware: An all-encompassing, single-platform chargemaster solution
A leading chargemaster company discusses how its technology helps hospitals operate more transparently, price strategically and confidently run a compliant and efficient revenue operation.
BESLER: Full-service Transfer DRG revenue recovery
BESLER talks about its Transfer DRG revenue recovery service that helps hospitals recover monies they have rightfully earned while maintaining compliance.