October 2021

Cover Story

Article | Leadership

CFOs concerned about hospital service lines, but some embrace the coming disruption

A survey conducted by HFMA for the Healthcare 2030 special series shows CFOs as expecting big changes to the hospital and health system operating model.

Features

How To | Cost Effectiveness of Health

COVID-19 requires intensified due diligence to understand its impact on the financial performance of health systems

Analyzing a health system’s financial performance is critical when making business decisions for the organization, but performing such an analysis is far from being straightforward for 2020 and 2021.

Article | Cost Effectiveness of Health

Home-based care is ripe for innovation and implementation post COVID-19

Despite the havoc the COVID-19 pandemic created for hospitals, it also created an opportunity for many important lessons learned on how care can be delivered more efficiently and cost effectively in patients’ homes.

Columns

Column | Leadership

Let’s apply a wider view — and approach — to health equity

HFMA Chair Tammie Jackson urges healthcare finance leaders to think broadly when considering factors that lead to health disparities and finding new ways to promote health equity.

Column | Coronavirus

Time for another extension of the COVID-19 public health emergency?

Hospitals and other healthcare providers are starting to ask whether it would be prudent and appropriate for the government-declared public health emergency (PHE) to be extended once again.

Column | Leadership

The Great Resignation: Reality or myth?

The predicted “Great Resignation” is upon us, but there are things leaders can do to both stem the losses and seize the opportunity to become an employer of choice.

Column | Innovation and Disruption

How a health system can realize tangible benefits from its digital health strategy

Many health systems today are intent on developing and implementing an effective digital health strategy, and their CFOs are likely to play a prominent and collaborative role in this effort.

Column | Finance and Business Strategy

Reframing health as an investment: What we stand to gain

FMA President and CEO Joe Fifer discusses the implications of reframing health as an investment rather than an expenditure.

Departments

News | Leadership

South Carolina Chapter tackles critical issue: diversity and inclusion

Danielle Gori, president of HFMA’s South Carolina Chapter, talks about how the diversity and inclusion initiative came about and the chapter’s plans for it.

News | Leadership

Focus on thought leadership and better practices: A testament to HFMA’s vision and purpose

From its very inception, HFMA has embraced the idea of thought leadership and professional practice. Major milestones have included the Principles and Practices Board, The Patient Friendly Billing Project, The Value Project and the recent focus on consumerism.

Supplements

Business Profile | Artificial Intelligence

Autonomous coding, it won’t hurt a bit with CodaMetrix

Coding at hospitals and health systems can take hours each day and can cost up to $7 billion in one year. However, one company encourages its use of artificial intelligence technology to reduce both cost and time of coding.

Business Profile | Revenue Cycle Technology

Strategic partnership: The key to improved patient experience and revenue cycle outcomes

One company shares advice and trends in addition to how its service offerings can hep healthcare organizations facing challenges, the biggest being people, process and technology.

Article | Patient Access

Health Services Financing helps providers offer all patients a touchless financing program

One company uses its patient financing program to address patient access to care and the rising cost of healthcare, two of healthcare’s biggest challenges.