September 2019
Cover story
The healthcare CFO of the future: How finance leaders are adapting to relentless change
As the healthcare industry acclimates to disruption, the CFO role steadily is becoming more strategic and expansive, as shown in the experiences of four health system finance leaders.
Features
Financing in the 2020s: Look for higher interest rates
A review of hospital financing practices prior to the Great Recession of 2008 provides insight into how current practices might best respond to a new period of rising interest rates.
How an Iowa hospital earned 2 MAP Awards for excellence in revenue cycle performance
Henry County Health Center, a critical access hospital in Mount Pleasant, Iowa, has earned two MAP Awards and made noticeable strides toward financial transparency.
4 strategies for an AI-driven approach to improve revenue cycle performance
Automating certain revenue cycle practices can help healthcare organizations improve performance.
5 lessons on launching a provider-sponsored health plan
Leading health systems are beginning to reap the benefits of health plan ownership. Organizations that are preparing to launch provider-sponsored health plans can benefit from the lessons learned by four health systems that have experience with this strategy.
Special feature
How providers should adapt to the demands of a consumer-driven healthcare system
Insights during a 2019 HFMA Annual Conference cohort revealed various approaches that providers can use to meet the increasingly urgent challenge of improving the patient experience.
Columns
#HFMA1000daresproject: 'Share the Dare' challenges you to do bold things
The HFMA 1000 Dares Project calls upon healthcare finance leaders to move to make a difference, take a dare and leave the safety of the familiar.
Do the Democratic candidates for president see a role for private insurance?
Healthcare is a major defining issue in the campaigns of the Democratic candidates for president, but their positions differ, particularly with respect to private insurance.
Jill Geisler: Why prioritizing workplace integrity matters
Healthcare leaders should strive to achieve workplace integrity for their organizations: environments free of harassment, discrimination and incivility, and filled with opportunity.
How primary care physicians can navigate business intelligence challenges under risk models
To succeed with new payment models, physician practices must redouble their business intelligence efforts.
Finding our way to meaningful price transparency
Healthcare organizations have the technology to deliver meaningful transparency to patients, including out-of-pocket estimates prior to service and clear, understandable patient statements.
Departments
hfm Best Article Award winners for 2018-2019
HFMA recognizes the winners of its Helen Yerger/L. Vann Seawell Best Article Award for outstanding editorial achievement in hfm magazine in fiscal year 2018-2019.
HFMA recognizes 31 members for lifetime member status
Thirty-one individuals in the 2018-19 fiscal year have received waived dues with Chapter Life Membership.
Oregon Chapter creates an informational campaign for new Enterprise members
HFMA's Oregon Chapter has embarked on a campaign to help its Enterprise members enjoy the full value and benefits of membership in the Association.
A Q&A with Tasha Bell, who holds 5 HFMA certifications
A Q&A with Tasha Bell regarding her certifications and updates about other healthcare finance professionals.
Advertising
BLS|Revecore: Technology-Driven Underpayment Review Services
In this article, BLS|Revecore talks about how its underpayment review technology and deep industry expertise help organizations collect dollars that would otherwise go unrecovered.
Change Healthcare: Curbing Bad Debt by Improving the Patient Financial Experience
In this roundtable, several revenue cycle leaders discuss how they are tackling escalating patient responsibility, exploring the value of putting individuals on pathways toward payment that boost satisfaction and revenue.
Enjoin: Enabling Holistic Clinical Documentation Improvement
James Fee, MD, CEO of Enjoin, discusses the importance of holistic clinical documentation to realize success with existing fee-for-service payment models, as well as value-based care and population health initiatives.
Intuitive: The Role of Data Analytics in Healthcare: 5 Key Learnings from the HFMA 2019 Annual Conference Focus Group
This report offers key takeaways from a 2019 HFMA Annual Conference focus group in which several senior financial leaders discuss the challenges and opportunities in leveraging data analytics to improve utilization, clinical outcome, and financial performance.
Navigant Consulting, Inc.: Hospitals and Health Systems Prepare to Assume More Risk
: This research highlight discusses key takeaways from a May 2019 HFMA study of hospital and health system senior financial executives about their organizations’ interest in and capabilities for assuming risk.
Ontario Systems: Helping Healthcare Organizations Realize the Benefits of an Accountable Collections Team
Steve Scibetta, vice president and general manager at Ontario Systems, offers strategies for optimizing the revenue cycle, including employing supportive accounts receivable technology and building an accountable collections team.
Professional Credit: Engaging Patients in Their Financial Journeys
In this article, Professional Credit discusses how it helps healthcare organizations effectively and positively engage patients throughout their healthcare financial journeys.