News | Finance and Business Strategy
Recognizing the strengths and weaknesses of healthcare’s culture is key to implementing needed industry changes, according to Robert Pearl, MD, former CEO of Permanente Medical Group.
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Podcast | Finance and Business Strategy
HFMA President and CEO Joe Fifer interviews Sergio Melgar, CFO at UMass Memorial Health, about his history with health systems in peril and what he thinks could come out of pandemic-era changes.
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Column | Finance and Business Strategy
FMA President and CEO Joe Fifer discusses the implications of reframing health as an investment rather than an expenditure.
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News | Strategic Partnerships Mergers and Acquisitions
The year 2021 was one of the least busy on record for healthcare mergers and acquisitions, but volume should pick up in 2022.
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Podcast | Patient Experience
The cover story in the Winter 2020 issue of hfm magazine focused on the issue of deferred care during the pandemic. But deferring or avoiding healthcare is not a purely pandemic problem. Transgender patients are just one group that routinel...
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Podcast | Healthcare Business Trends
Melissa McCain, director and leader of the consumer access digital transformation practice of The Chartis Group, and Charles Alston, market executive leader of Bank of America’s healthcare team in the southeastern U.S., discuss HFMA’s Healt...
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Blog | Healthcare Business Trends
A skewed labor market continued to affect hospital finances in November even as operating margins improved from October.
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Podcast | Healthcare Business Trends
HFMA's award-winning editorial team looks back on key stories from 2021 in the news, hfm magazine, HFMA's Community, the podcast and more.
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Executive Roundtable | Patient Experience
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.
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Column | Capital Finance
Labor market concerns and growing inflationary pressures pose challenges that the Federal Reserve must address as the economy recovers from the COVID-19 pandemic.
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Podcast | Social Determinants of Health
Dr. Brian Castrucci, an epidemiologist and CEO of the de Beaumont Foundation, talks with HFMA President and CEO Joe Fifer about policies to improve public health, cost effectiveness of health, the future of COVID-19 and the healthcare indus...
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Article | Innovation and Disruption
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 investin...
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Podcast | Healthcare Business Trends
Dr. Ranga Krishnan of Rush University System for Health discusses the future of mental health payment and practice. He addresses how provider organizations can address workforce shortages by becoming partners in training and by changing the...
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News | Strategic Planning
At HFMA’s Annual Conference, David Shulkin, former secretary of the Department of Veterans Affairs, explained why some of the VA’s strategies would serve the healthcare industry well if implemented in the private sector.
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Executive Roundtable | Innovation and Disruption
This roundtable reviews disruptors and how some healthcare leaders deal with new entrants to the market, telehealth and the trend of care shifting to a nonhospital environment.
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Column | Healthcare Business Trends
Characterized by some as the centerpiece of President Joe Biden’s agenda, the Democrats’ $3.5 trillion budget plan is still very much a work in progress.
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Column | Capital Finance
Healthcare organizations’ finance and treasury leaders should consider the role of a line of credit as part of a global resource allocation effort.
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Blog | Administrative Simplification
Savings can be generated at the organizational and healthcare industry levels through steps to reduce wasteful administrative processes, study authors wrote.
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Column | Social Determinants of Health
HFMA National Chair Tammie Jackson discusses why healthcare organizations must ensure they are using the right data when seeking to address the social determinants of health.
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News | Strategic Partnerships Mergers and Acquisitions
The number of M&A transactions involving hospitals and health systems remained at historically low levels, but the average revenue involved was far higher than in recent years.
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News | Strategic Planning
A recent survey finds healthcare providers working to ensure their strategic planning incorporates key trends, spurring innovations in care delivery models.
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Column | Innovation and Disruption
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.
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White Paper | Partnerships and Value
This paper explores the benefits and costs savings that can be achieved when healthcare providers form strategic relationships and create shared goals with their revenue cycle management vendors.
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Blog | Strategic Partnerships Mergers and Acquisitions
The findings have implications as policymakers consider ways to curb healthcare prices.
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Blog | Community Benefit
A majority of hospitals make the required CHNA documents accessible, but many don’t include all the obligatory elements.
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Blog | Healthcare Business Trends
As COVID-19 hospitalizations increased, some volumes took a hit and margins remained tight.
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Column | Innovation and Disruption
There is a way for healthcare organizations to mitigate the risk, while still enjoying the benefits, of a successful innovation. Instead of developing innovative projects on their own, they may find fostering innovation in others brings rew...
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Article | Patient Experience
One company explains how technology solutions help improve patient experience, maximize revenue and eliminate efficiencies throughout the revenue cycle.
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Executive Roundtable | Strategic Planning
In this executive roundtable, a handful of revenue cycle and technology leaders review ROI, cybersecurity, employee engagement and more in healthcare finance.
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Article | Analytics
Many healthcare workers have considered leaving the field after the COVID-19 pandemic. One company provides details on how to motivate the qualified employees with more than just compensation, benefits and rewards.
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Blog | Strategic Partnerships Mergers and Acquisitions
Hospitals and health systems can expect M&A reviews to become more rigorous after a recent White House executive order.
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News | Healthcare Business Trends
June was a promising month in terms of hospital financial performance, but the delta variant of the coronavirus threatens to reverse many of the gains.
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Article | Healthcare Business Trends
Find out how health systems and organizations are expanding remote work, how to prepare for rising labor expenses and how some hospitals are testing creative solutions to address workforce shortages among other hospital labor trends now and...
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Blog | Enterprise Risk Management
Cyberattacks on NFP hospitals increased substantially during the COVID-19 pandemic and show no signs of abating, Fitch says.
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How To | Capital Finance
Health system CFOs today should be actively guiding their organizations toward strategic investments in alternative revenue sources that can strengthen the bottom line. An effective and relatable metric for evaluating such investments is eq...
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News | Strategic Planning
At the 2021 Not-for-Profit Health Care Investor Conference, health system executives and industry thought leaders described how hospitals are evolving to meet the needs of communities.
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Blog | Strategic Partnerships Mergers and Acquisitions
The COVID-19 pandemic appears to be curtailing the volume of hospital merger-and-acquisition activity, but deal size has grown significantly.
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Blog | Strategic Partnerships Mergers and Acquisitions
About 70% of physicians were employed by health systems or corporate entities such as private equity firms and health plans at the start of 2021.
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Column | Capital Finance
Capital reserve requirements for bond insurers have recently changed, making bond insurance once again a viable option for hospitals or health systems seeking credit enhancement on their fixed-rate debt issuance.
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News | Strategic Planning
Results of HFMA's Outlook Survey show that the healthcare industry is still coping with the challenges of COVID-19 but has started to adapt to a post-pandemic future.
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Blog | Healthcare Business Trends
The employment picture took a positive turn for hospitals in May after the sector experienced a net loss of jobs in each of the first four months of 2021.
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News | Strategic Partnerships Mergers and Acquisitions
New types of provider-payer associations place an emphasis on increasing the value of healthcare rather than merely offering cost savings.
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Blog | Patient Experience
Findings from a new study may assuage concerns that low-value care is encouraged through the use of patient experience ratings in payment formulas.
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News | Population Health Management
By reducing wasteful spending, the U.S. healthcare industry would have an easier time funding some of the changes needed to support whole-person health, industry experts said at a conference on how to optimize healthcare financing.
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Column | Healthcare Business Trends
Most industry voices are predicting 2021 will be a financially challenging year for U.S. hospitals. But the outlook for some hospitals actually may be positive.
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Blog | Healthcare Business Trends
A monthly report on hospital finances showed that margins improved from March to April even though the COVID-19 pandemic remained a factor.
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News | Strategic Partnerships Mergers and Acquisitions
During a recent Senate hearing, a hospital advocate responded to criticism of consolidation stemming from mergers among hospitals and hospital acquisitions of physician practices.
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Trend | Consumerism
The healthcare industry needs to make changes that emphasize the physician-consumer relationship and help people take charge of their own care, says the author of a new book.
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News | Strategic Planning
In a survey of hospital strategic planners, larger health systems were substantially more likely to report that their volumes had reached or exceeded pre-COVID-19 levels.
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How To | Physician Relationships
As part of a strategy to mitigate burnout and boost clinician well-being, interventions should be tailored to the specific needs of teams.
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Blog | Strategic Partnerships Mergers and Acquisitions
Hospital M&A tracking firms reported low volumes in the first quarter of 2021 but also saw indications that the lessons of the COVID-19 pandemic will drive higher levels of activity.
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Trendsetter | Analytics
Find out how one company helps healthcare organizations improve their workforce using a comprehensive assessment program to leverage real-time data and sophisticated analytics for insights on human capital and challenges.
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Executive Roundtable | Analytics
Financial leaders discuss how the pandemic has impacted revenue, volume and expenses, which has thus created a need for data and analytics.
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Column | Capital Finance
Amid the COVID-19 crisis, many hospitals and health systems are finding they have excess liquidity levels on hand. As a result, they face a question of whether, and how, the should unwind their excess liquidity positions in favor of a more ...
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Trend | Strategic Partnerships Mergers and Acquisitions
Leaders of hospitals and health systems whose organizations are embarking on a merger or acquisition should be prepared to avoid the many potential pitfalls associated with such an strategic venture.
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Podcast | Patient Experience
Matt Hocks from Sanford Health System describes his organization’s strategy for communicating with patients about the vaccination plan. Ken Baxter from Children’s Hospital of Orange County discusses the revenue cycle challenges of the pande...
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News | Social Determinants of Health
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles, including greater protections for healthcare workers, ECRI’s top 10 patient safety concerns and the lack of prioritization of the medically v...
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News | Strategic Partnerships Mergers and Acquisitions
Significant declines in inpatient admissions among rural hospitals that eventually close may be a consequence of affiliations with health systems.
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Blog | Healthcare Business Trends
Hospitals lost positions in February, but the biggest news in the latest batch of jobs data was a negative adjustment to January numbers.
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News | Healthcare Business Trends
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles, including information on the likely confirmation of Xavier Becerra as HHS secretary, which specialists are seeing an uptick in patients and l...
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Column | Healthcare Business Trends
Although many might have viewed the decision by Amazon, Berkshire Hathaway and JPMorgan Chase to shut down Haven, their ambitious joint venture, as a setback for Amazon, in particular, there is good reason to believe Amazon has not given u...
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Column | Innovation and Disruption
Effective breathing is known to promote good health, but our healthcare system has given relatively little attention to the concept of breathing therapy. COVID-19 has increased the need for a greater focus on this issue, and there are simpl...
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News | Innovation and Disruption
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles, including the debut of a provider-led data platform, delayed care during the pandemic and the impact of the recent winter storm on Texas hosp...
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News | Population Health Management
The healthcare industry should implement specific policy and regulatory steps to bolster the public health infrastructure in preparation for future crises, according to a new set of expert recommendations.
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Blog | Healthcare Business Trends
January numbers form the U.S. Bureau of Labor Statistics show that hospitals and the healthcare industry lost jobs after several months of gains.
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Blog | Healthcare Business Trends
A new government report highlights the impact of rural hospital closures on communities.
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Blog | Strategic Partnerships Mergers and Acquisitions
Hospital transactions in Q4 2020 were flat compared with Q4 2019, while healthcare IT and post-acute care deals rose significantly.
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Fact Sheet | Patient Experience
This infographic explores how healthcare organizations are expanding patient payment methods due to COVID-19 and the reason these new payment strategies are significant.
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Column | Patient Experience
Healthcare financial leaders can foster improved patient outcomes and well-being by advocating for an approach to healthcare that includes acknowledging the spiritual aspect of patients as human beings.
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Executive Perspective | Social Determinants of Health
Population health management expert Jenifer Leaf Jaeger, MD, MPH, examines why the COVID-19 pandemic has made it more critical than ever for the U.S. providers to address the needs of people whose health and well-being are compromised by so...
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Trend | Social Determinants of Health
In recent years, public health and not-for-profit organizations have focused on addressing social determinants of health (SDOH) and their impact on individuals’ wellness and ability to access healthcare services. Progress has been slow to d...
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Trendsetter | Healthcare Business Trends
Organizations should acknowledge and respond to existing and emerging trends as they navigate through the current public health crisis and also maintain longterm financial viability. Learn variations to successfully achieve innovation.
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Executive Roundtable | Capital Finance
Five revenue cycle leaders discuss financial strategies for healthcare organizations transitioning capital expenditures to operating expenditures.
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How To | Population Health Management
Healthcare organizations are bracing for a sicker 2021 patient populations due to pandemic-era disruptions in care, even as they scramble to prevent that outcome.
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News | Healthcare Business Trends
Read about the key factors that have shaped healthcare finance policy and practice.
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Column | Consumerism
HFMA President and CEO Joe Fifer offers a perspective on consumerism initiatives in this pandemic year.
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News | Innovation and Disruption
Nashville-based entrepreneur Marcus Whitney has launched a venture capital fund that will support Black-led healthcare business endeavors.
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Blog | Physician Relationships
HFMA's Chad Mulvany says if Congress passes another COVID-19 relief bill, which includes an additional PRF appropriation, it will address the PCP’s short-term financial issues, but will not solve staffing issues.
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Blog | Consumerism
Healthcare organizations that have increased availability of price estimates and facilitate clear conversations about the account resolution process anecdotally report improvements in self-pay collections and patient satisfaction, says HFMA...
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News | Healthcare Business Trends
Read about the key factors that have shaped healthcare finance policy and practice.
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Column | Healthcare Business Trends
In the nation's current political climate and the prevailing partisan divide, healthcare is home to six issues where there is political common ground that could lead to bipartisan solutions.
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Article | Patient Experience
In response to patients’ poor billing experiences, one company is working with its healthcare partners to implement omnichannel communications to provide patients with a safe and convenient channel to pay for services in a method they prefe...
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Blog | Innovation and Disruption
HFMA's Chad Mulvany says this capability positions Dispatch Health as an ideal partner to Medicare Advantage plans or PCPs in risk-sharing models with MA plans, to reduce the total cost of care while maintaining high-quality outcomes.
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Research & Reports | Patient Experience
This report focuses on key takeaways of the COVID-19 pandemic’s effect on patient collections at healthcare facilities based on an HFMA online survey for Digital Annual Conference attendees.
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Blog | Physician Relationships
HFMA's Katie Gilfillan says healthcare finance and executive teams should appreciate having the oversight of where to invest dollars that builds a strategy toward a culture of health and well-being of physicians.
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Column | Consumerism
HFMA President and CEO Joe Fifer discusses the latest developments in the societal movement toward full price transparency in healthcare.
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Article | Patient Experience
As a provider, gain insight on how to look for a potential partner such as having ability to ensure patient satisfaction, understanding the revenue cycle and providing detailed reporting and analytics.
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News | Healthcare Business Trends
Read about the key factors that have shaped healthcare finance policy and practice.
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Column | Healthcare Business Trends
COVID-19 has accelerated the use of video in healthcare, but virtual interactions are not likely to completely replace in-person interactions. Nonetheless, the world of healthcare may never be the same as it was before the pandemic.
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Column | Healthcare Business Trends
The healthcare collaboration by Amazon, Berkshire Hathaway and JPMorgan Chase, announced in January 2018, has encountered challenges in the past two years that have caused it to fall short of initial expectations.
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Column | Healthcare Business Trends
Given the importance of finding a vaccine to stem the spread of COVID-19, more than 40 governments, including the U.S. federal government in a prominent role, are subsidizing the development efforts with enormous levels of funding.
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Blog | Innovation and Disruption
HFMA's Chad Mulvany says it’s not surprising that Aetna would use its Minute Clinics as the basis of a primary care network for lower-cost health plans.
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Blog | Innovation and Disruption
HFMA's Chad Mulvany says Walmart's partnership with Oak Street is due to Oak Street’s reputation for developing a patient-centric care model.
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News | Healthcare Business Trends
Read about the key factors that shaped healthcare finance policy and practice in August 2020.
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Column | Consumerism
HFMA President and CEO Joe Fifer offers a perspective on HFMA’s approach to price transparency vis-à-vis the upcoming CMS regulations on payment rate transparency.
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Column | Innovation and Disruption
Biohacking is an emerging concept in healthcare that may have value in enabling healthcare providers to better manage the costs of care.
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Blog | Innovation and Disruption
HFMA's Chad Mulvany says center of excellence models, similar to those the Cleveland Clinic partners with, select employers that have proven ability to reduce the total cost of care and improve outcomes.
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How To | Physician Compensation
An effective value-based compensation system for surgical specialists should not only account for the physician’s service, quality of care and financial performance, but also the extent to which the physician exhibits high standards of citi...
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News | Analytics
Karen Horgan, CEO of VAL Health, reviewed how healthcare finance professionals can use behavioral economics to get the outcomes they want from both patients and staff during an Aug. 14 session at HFMA's Digital Annual Conference.
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News | Analytics
Panelists at HFMA’s Digital Annual Conference in August explored how recent advances in data analytics are helping to improve the patient experience of care and advance consumerism in healthcare.
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News | Analytics
As part of HFMA’s Digital Annual Conference, leaders with Privia Health explained how they have applied a multistage process to optimize their data-reporting procedures and analytics platform.
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Healthcare capital finance, risk management, analytics, consumerism and physician relationships.