Blog | Finance and Business Strategy
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Lobbying expenditures in the healthcare sector were up more than 70% during a 20-year time span, shortages of mental health resources worry e...
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Article | Finance and Business Strategy
The emergence of price inflation is giving health systems trouble beyond rising supply and wage expenses in the form of negative investment returns and higher borrowing costs.
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Article | Finance and Business Strategy
Environmental, social and governance issues have long been concerns of hospitals and health systems, but they may require a more formal strategy as these issues gain prominence among investors, accreditation groups and other stakeholders.
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Article | Strategic Partnerships Mergers and Acquisitions
When companies go through mergers and acquisitions (M&A), how do leaders manage integrating teams and culture? Read through some tips from a health care transaction principle who assists health systems across the M&A life cycle.
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Executive Roundtable | Capital Sources and Allocation
In order to optimize the use of clinical assets and uncover financial savings, health systems need data-driven insights and technology solutions. This roundtable provides insights from health system executives on processes for reallocation ...
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Blog | Risk Management
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Healthcare is one of the least confident industries when it comes to having the resources to ward off cyberattacks, the new 988 Suicide & Cri...
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News | Healthcare Business Trends
Hospital industry experts say a financial turnaround is unlikely in subsequent months and beyond.
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Blog | Social Determinants of Health
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Access to maternity care decreases nationwide, ACOs with more beneficiaries in racial and ethnic minority groups exit the MSSP at higher rate...
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Article | Risk Management
Healthcare faces a rising threat from cyberattacks, with the consequences of such attacks reaching dire levels. Industry cybersecurity experts offer insight into the nature of this growing challenge, and they give a call to action for the ...
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Blog | Innovation and Disruption
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Walmart launches a new healthcare research institute, people with more chronic disease are more likely to suffer adverse financial outcomes, ...
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Article | Healthcare Business Trends
Strategies for combatting healthcare’s inflation challenges include partnering with other organizations to obtain supply discounts and boosting worker mental health.
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Column | Consumerism
HFMA President and CEO Joe Fifer offers perspectives on how the changing healthcare marketplace impacts legacy healthcare stakeholders.
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Article | Patient Experience
Find out how one bank helps healthcare organizations innovate to meet urgent mandates to improve the patient financial experience and enhance market position in the face of rising consumerism and heightened competition.
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News | Strategic Partnerships Mergers and Acquisitions
CVS Health’s announced acquisition of Signify Health is a key step in the company’s efforts to establish a comprehensive healthcare network.
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Blog | Strategic Partnerships Mergers and Acquisitions
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: UnitedHealth Group cleared to acquire Change Healthcare, standard patient satisfaction surveys need to address DEI issues, and homebound olde...
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News | Healthcare Business Trends
The American Hospital Association and hospital leaders say recent financial trends are unsustainable for many organizations.
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Blog | Enterprise Risk Management
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Cybercrime against healthcare organizations overwhelms the federal Office for Civil Rights, the cost of health inequities could reach $1 tril...
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Executive Roundtable | Patient Experience
In a roundtable discussion, revenue cycle leaders chat about strategies they developed to enhance the patient experience while navigating the payment process.
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Column | Healthcare Business Trends
Reports about the state of the U.S. economy after the first six months of 2022 warn of a slowdown in the post-pandemic recovery. Healthcare provider organizations should prepare for four factors related to this slowdown that will shape heal...
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Blog | Healthcare Business Trends
The negative financial performance in July offset moderate gains during the previous few months, according to Kaufman Hall’s monthly report.
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Blog | Executive Compensation
Healthcare labor trends are boosting compensation for hospital and health system executives, according to a new report.
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News | Healthcare Business Trends
Even as much of society takes steps toward pre-pandemic normalcy, hospitals continue to struggle under the weight of the last two and a half years.
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Podcast | Patient Experience
Jada Desmairis of Baker Newman Noyes discusses the importance of a cohesive care team for patients with cancer.
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Blog | Patient Experience
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: 20 hospitals named to the Best Hospitals Honor Roll, HHS declares monkeypox a public health emergency, and a look at maternal mortality rate...
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News | Strategic Planning
Amazon’s announced purchase of One Medical for nearly $4 billion should spur providers to fortify their primary care strategies.
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Blog | Patient Experience
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Confidence in the U.S. healthcare system dips again, the median proposed health insurance premium increase for 2023 is about 10%, and improve...
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Blog | Social Determinants of Health
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Fewer than 2% of reviewed U.S. hospitals earned Lown’s ‘most socially responsible’ distinction, gun violence is a major health problem in the...
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News | Healthcare Business Trends
Educational content at HFMA’s 2022 Annual Conference featured timely insights on the most pressing financial and operational issues facing healthcare organizations.
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News | Partnerships and Value
Karen DeSalvo was honored with HFMA’s Board of Directors award, while keynote speaker Joel Selanikio discussed the potentially seismic impact in healthcare as the consumerization of technology accelerates.
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News | Innovation and Disruption
The U.S. healthcare industry is undergoing a reframing to correct glaring problems, said clinical executive Zeev Neuwirth during the opening keynote presentation of HFMA’s 2022 Annual Conference.
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News | Capital Sources and Allocation
Recent feedback from HFMA members signals that healthcare finance and administrative operations have returned to something closer to normal in recent months.
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Blog | Strategic Partnerships Mergers and Acquisitions
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Oracle closes the deal to acquire Cerner for $28.3 billion, Advocate Aurora Health and Atrium Health are planning a mega-merger, and nurse sa...
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Blog | Physician Relationships
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: U.S. Surgeon General says healthcare worker burnout is a national issue that must be addressed, the Digital Health for Equitable Health Allia...
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Article | Board Governance
The goal is to lure and keep qualified board members, who are becoming harder to find.
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News | Healthcare Business Trends
A leading credit-rating agency says the not-for-profit hospital sector will face significant headwinds for the rest of this year and beyond.
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Blog | Patient Experience
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: A new study shows the patient experience worsened mid-pandemic, researchers are using machine learning to discover more about long-COVID, and...
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Podcast | Innovation and Disruption
HFMA Policy Director Shawn Stack and HFMA Senior Editor Nick Hut follow up their March webinar on healthcare disruption with an episode-length Beyond the News segment about the latest innovative ventures.
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News | Strategic Planning
The struggles of smaller providers amid the COVID-19 pandemic are likely to give way to increased merger-and-acquisition activity in 2022, according to Wall Street analysts.
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Blog | Strategic Partnerships Mergers and Acquisitions
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: CMS releases a new report on healthcare provider ownership, a new report examines the consequences of the pandemic for Black Americans, and 3...
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News | Healthcare Business Trends
Hospital financial performance partially recovered in March as patient volumes returned to something closer to normal after a significant downturn during the omicron wave.
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Podcast | Patient Experience
Cardiologist and epidemiologist Dr. Christopher Labos discusses weight bias in healthcare, including what health indicators to focus on instead of weight and how to help patients who are at risk improve their health outcomes without explici...
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Article | Innovation and Disruption
Google Health is working to improve the lives of “hundreds of millions” of users while also enhancing operations for healthcare providers.
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News | Strategic Partnerships Mergers and Acquisitions
Merger-and-acquisition activity among hospitals and health systems remained well under pre-pandemic levels in Q1 2022.
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Column | Healthcare Business Trends
For healthcare finance professionals, healthcare inflation requires intensified efforts to address five concerns: increased bad debt, increased operating costs, heightened public scrutiny of pricing policies and executive compensation, incr...
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Blog | Social Determinants of Health
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Consumers with significant social risk likely face other barriers to healthcare, some physicians may need interventions to boost their vaccin...
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Blog | Population Health Management
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Community health workers promote better use of healthcare providers, $195 billion in medical debt is owed by U.S. residents, and Generation Z...
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Podcast | Healthcare Business Trends
Dr. Andrew Hertler, chief medical officer at New Century Health, discusses what healthcare organizations can do to catch up on patients' missed cancer screenings. He also shares new developments in oncology that could see patients receiving...
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Blog | Healthcare Business Trends
CMS actuaries say the healthcare spending spike of 2020 will be tempered across sectors and payers in upcoming years.
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Trend | Strategic Planning
Novant Health has been ahead of the curve as health systems set up internal travel pools in the hope of attaining a greater level of nurse staffing certainty.
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Column | Healthcare Business Trends
As healthcare finance professionals in traditional health settings focus on managing their organizations’ capital commitments and evaluating direct investments in private equity funds to enhance non-operating income, they should monitor two...
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Executive Roundtable | Patient Experience
In this roundtable, finance leaders discuss tactics they’ve used to implement automated tools and extend their workforce to reduce waste in their revenue cycle processes, aiming to improve patient experience and control costs.
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Blog | Strategic Partnerships Mergers and Acquisitions
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: The Oracle/Cerner deal is back in the news, medical debt is causing Americans across generations to skip rent or mortgage payments, and empat...
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Podcast | Patient Experience
Vaccination for COVID-19 has been a topic of hot debate, but even among those people who received their initial shots, the uptake on boosters has been underwhelming. On a recent episode of the “Voices in Healthcare Finance” podcast, Jacob B...
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Blog | Healthcare Business Trends
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Healthcare professional shortages drag on as burnout levels continue to spike, Civica plans to enter the insulin market, and Medicare Advant...
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Blog | Healthcare Business Trends
January financial data for hospitals show the continuing toll of the COVID-19 pandemic, while February labor numbers suggest an operational recovery that could further increase expenses.
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Podcast | Patient Experience
HFMA President and CEO Joe Fifer interviews Jason Wolf, president and CEO of The Beryl Institute and a speaker at HFMA's upcoming Revenue Cycle Conference, about the importance of remembering the "human experience" in all aspects of healthc...
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Podcast | Patient Experience
Jess Roberts from the University of Minnesota discusses how the iterative process of design thinking can help healthcare organizations solve problems. Also in this episode, Michael Bumann of sponsor Red Dot discusses how his clients have t...
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Trendsetter | Patient Experience
Read about this solution that combines artificial intelligence (AI) with live, human patient advocates to find philanthropic programs, appropriately match and apply those programs to patients and convert uncompensated care to cash.
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Blog | Enterprise Risk Management
The potentially heightened risk stems from the possibility both of being targeted directly and being impacted by malware that spreads from other sectors.
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Column | Healthcare Business Trends
The healthcare sector lost more than half a million workers from February 2020 to September 2021, contributing to labor shortages in the sector. An often-overlooked yet important element in this trend is the acute shortage among pharmacy t...
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Blog | Physician Compensation
Despite the increasing proliferation of alternative payment models, a new study finds that health systems generally don’t give physicians financial incentives to improve the value of care delivery.
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Blog | Healthcare Business Trends
Issues with expenses and unstable volumes hindered hospital finances and operations as 2021 drew to a close.
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Podcast | Patient Experience
The Information Blocking Final Rule from the 21st Century Cures Act and federal transparency initiatives like the No Surprises Act have given patients more access to information than they’ve ever had before. On this episode, Terry Hush, CEO...
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Column | Capital Finance
The Federal Reserve's recent signal that it will transition to a tighter monetary policy is an indication that the organization and the economy have entered a new, more stable stage.
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Article | Risk Management
A company principal and leader breaks down successful organizational change management strategy factors, such as current culture, influencer networks and effective communication and education channels.
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Research & Reports | Risk Management
Check out the key takeaways from a survey conducted in Summer 2021 with healthcare executives, which focused on risk-based models, data issues, leaders’ concerns on hitting budgets and more.
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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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How To | Capital Finance
COVID-19 has increased the financial strain on healthcare providers that puts them at risk of being noncompliant with lending covenants. They should be taking proactive steps now to avoid or mitigate the potentially severe adverse financial...
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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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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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Healthcare capital finance, risk management, analytics, consumerism and physician relationships.