Winter 2021-22

Cover Story

Trend | Labor Cost Management

The COVID-19-induced surge in healthcare labor costs is testing hospitals and health systems

Struggles with the pandemic’s financial impact on the healthcare workforce leave few alternatives besides innovation, say industry experts and leaders on the front lines.

Features

Article | Innovation and Disruption

Healthcare venture investing: How to succeed in a white-hot market

U.S. health systems can best promote cost effectiveness of health through innovation and a commitment to ensuring the ongoing financial sustainability of the healthcare enterprise. Health systems are increasingly turning to venture investing to achieve these goals.

Q&A | Cost Effectiveness of Health

The nation’s healthcare providers have a social obligation to promote cost effectiveness of health

Achieving cost effectiveness of health in the United States is a challenge not only for stakeholders within our nation’s healthcare system but also for our society, says Jeff Goldsmith, PhD, president of Health Futures Inc.

Columns

Column | Healthcare Reform

Gail Wilensky: Physician payment and SDoH challenges loom large on nation’s path to value

Two primary obstacles stand in the way of the nation's ability to achieve cost-effective health and healthcare delivery: the slow transition to value-based payment by physicians and the need to address social determinants of health.

Column | Leadership

Jill Geisler: 9 ways difficult conversations go south and how to keep that from happening

Avoiding difficult conversations can lead to unhealthy organizations. Jill Geisler talks about common ways conversations can derail and how leaders can get them back on track.

Column | Financial Leadership

Martin Bluth: Blood donation — Why it should be on healthcare finance leaders' radar

Blood donations should be a top-of-mind concern for hospital and health system finance leaders given that a steady supply of blood donations is among the most critical lifesaving needs for their organizations.

Column | Capital Finance

Eric Jordahl: Hospitals and health systems face risk as the Federal Reserve pursues normalization

Labor market concerns and growing inflationary pressures pose challenges that the Federal Reserve must address as the economy recovers from the COVID-19 pandemic.

Column | Leadership

Relief meets reality: The healthcare workforce is still reeling from COVID-19’s impact

HFMA President and CEO Joe Fifer reflects on another challenging year for healthcare.

Departments

News | Leadership

HFMA membership exceeds 75,000 in the year of its 75th anniversary

HFMA reached a significant milestone, surpassing 75,000 members in October, after 19 straight quarters of membership growth.

News | Leadership

HFMA’s move into the global arena includes an international membership program

HFMA’s new international Membership program reflects the Association’s mission to expand its support of healthcare finance professionals in the international community and to be a participant in the global agenda to improve health for all.

News | Coronavirus

News Briefs: Federal vaccination requirements finalized for hospitals and most other healthcare settings

If a hospital’s staff aren’t fully vaccinated by Jan. 4, the organization will be deemed noncompliant with Medicare and Medicaid regulations, according to a new federal rule.

Supplements

Article | Revenue Cycle Technology

Craneware is transforming the business of healthcare

Learn how one company offers its customers value cycle solutions that go beyond traditional revenue cycle to include pharmacy, supplies and service line optimization.

Executive Roundtable | Patient Experience

Exploring opportunities to improve provider-payer data exchange

Revenue cycle leaders share strategies and the benefits for effective data exchange between providers and payers, as well as the challenges in this executive roundtable.