HFMA

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HFMA

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FAQs about Patient Financial Communications

When is it OK to have financial discussions with patients? A reasonable attempt should be made to have the discussion as early as possible, before a financial obligation is incurred (i.e., before care is provided). Timely discussions

HFMA August 23, 2024

CY 2025 OPPS/ASC Proposed Rule Summary

HFMA presents a detailed summary of the proposed rule issued by CMS updating payments under the hospital outpatient prospective payment system and the ambulatory surgical center payment system for CY 2025.

HFMA August 21, 2024

CY 2025 Physician Fee Schedule Proposed Rule Summary – Part I

HFMA presents Part I of three detailed summaries of the proposed rule relating to the Medicare physician fee schedule for CY 2025 and other revisions to Medicare Part B policies.

HFMA August 9, 2024

Navigating the rising tide of denials

Managing the healthcare revenue cycle is more challenging — and more critical — than ever. Amid sluggish margins, ongoing staffing challenges and rising costs, providers feel unprecedented pressure to optimize their revenue cycles. Addressing the ever-increasing issue of denials is a great place to begin. The latest data on denials and proven strategies to reduce…

HFMA August 7, 2024

CY 2025 Home Health Prospective Payment System Proposed Rule Summary

HFMA presents a detailed summary of the CY 2025 proposed rule updating payment rates for home health agencies.

HFMA August 7, 2024

Premier’s AI platform offers a data-driven solution for medical group leaders

Learn about how Provider Practice Benchmarking allows medical group leaders to directly measure their performance across more than 150 physician and advanced practitioner specialties in a number of areas from a single reporting platform.

HFMA August 1, 2024

Healthcare organizations increasingly rely on third-party solutions for RCM tasks

While healthcare organizations rely on native EHR functionality for certain revenue cycle management (RCM) tasks, they increasingly look to third-party solutions for others. But what questions should they be asking? Check out key takeaways in this research report.

HFMA August 1, 2024

UChicago Medicine grows into role of AI innovator

UChicago Medicine discovered that they are ahead of other healthcare institutions in their use of AI for revenue cycle, and they are focusing on using AI to strengthen business outcomes, supporting a culture of AI innovation, implementing a governance framework, and measuring and optimizing performance.

HFMA July 29, 2024

Fortifying defenses: essential cybersecurity strategies for revenue cycle management

Healthcare leaders understand that the quality of their organization’s revenue cycle is directly reflected in its bottom line. However, it is also reflected in quality outcomes and patient satisfaction scores. Inefficiencies in eligibility, coverage, prior authorization and other revenue cycle processes can lead to delays in care and surprise patient bills, in addition to poor…

HFMA July 8, 2024

Healthcare Financial Management Association Recognizes Center for Medicare and Medicaid Innovation Director Elizabeth Fowler for Contributions to Healthcare

(Las Vegas) June 27, 2024 — The Healthcare Financial Management Association (HFMA) presented its highest achievement award, the Richard L. Clarke Board of Directors Award, to CMS Deputy Administrator and Director of the Center for Medicare and Medicaid Innovation (CMS Innovation Center) Elizabeth Fowler, Ph.D., J.D., today during HFMA’s annual conference in Las Vegas. The…

HFMA June 27, 2024

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