hfm September 2023

Ongoing transformational forces affecting the healthcare industry portend an end of U.S. hospitals’ ability to continue relying on fee-for-service payment to ensure their future survival.

Evidence amassed from over two years of experience with
compliance reinforces why providers need to focus on chargemaster prices and self-pay discount policies.

Traditional providers such as hospitals can take steps to thrive in a rapidly evolving consumer-focused landscape.

HFMA National Chair Dennis Dahlen says it’s time for healthcare finance professionals to act on opportunities for innovation and encourage colleagues to do the same.  

HFMA columnist Jill Geisler shares tips and a tool healthcare finance leaders can use to help staff solve their own problems.

HFMA columnist David Johnson points to the promise of precision diagnostics to transform healthcare by enabling healthcare providers to uncover early signs of impending disease.

For Richard Silveria, 40 years of leadership experience have only reinforced his belief that opportunities to improve final outcomes are always at hand for hospitals and health systems.

An episode of HFMA’s “Voices in Healthcare Finance” podcast and hfm magazine were honored June 27 at the SIIA 43rd Annual AM&P Network EXCEL Awards Gala in Washington, D.C.

HFMA recognizes three articles published in hfm as the fiscal year 2022-23 winners of the Helen Yerger/L. Vann Seawell Best Article Award.

HFMA’s 2023 Leadership Training Conference took place April 16-18 in San Antonio. Winners of the 2022-23 Chapter/Region Success Awards were announced. 

James Heffernan and Kenneth Stoll were presented with HFMA’s 2023 Frederick C. Morgan Award for Individual Achievement. 65 HFMA members earn multiple certifications.

As published in the September 2023 issue of hfm, this roundup presents the top news stories for healthcare finance professionals.

When it comes to denial management, 31% of healthcare finance professionals say their organizations are most focused on denial prevention — but that’s not where they’re putting the majority of revenue cycle resources, a recent HFMA survey found.

This white paper dives into how AI will help make healthcare sustainable and enable a greater focus on patient care. The goal is to overcome industry challenges and engage in new efforts to reduce healthcare’s administrative costs.

As healthcare organizations look for ways to transform revenue cycle management and gain competitive advantage, CFOs need look no further than the hospital price transparency rule and the No Surprises Act.