hfm Winter 2022

Bond issuers and credit-rating agencies are looking to hospitals and health systems to prioritize environmental, social and governance issues.

Interest among health systems in developing hospital-at-home (HAH) programs has continued to grow. Before moving ahead with a HaH program, organizations should thoroughly address key preliminary concerns and clearly understand the essential planning steps required to ensure success

Few would argue that most healthcare providers would much rather practice medicine than operate a business. Private equity investors may offer them a solution to help them focus more on care delivery and addressing patients’ health needs.

Improving health equity in the United States is a challenge that is beyond the ability of the healthcare to meet on its own. But many of the ways our healthcare system currently operates exacerbate health inequity — and that is a problem we can cure.

HFMA Chair Aaron Crane discusses recent efforts to enhance the Association’s understanding of DEI-related issues, including the establishment of a new task force.

Three convergent trends will have a heightened impact on the solvency and liquidity of provider organizations in 2023.

Cybersecurity has rapidly become a predominant concern for healthcare organizations, with profound implications for the nation as a whole.

Nonprofit health systems may find that they can actually benefit from paying taxes. Although this idea may seem like a nonstarter to many, making this move would give nonprofits an opportunity to deliver higher value to their communities. 

Developing dynamic projections for operating performance, establishing targets and benchmarks for performance and planning for levels of capital spending are three key areas of critical importance in financial planning.

A 30-year member of HFMA says she values the lessons she learned from her early experience as a financial analyst in healthcare. And she applies those lessons in helping her organization realize its commitment to value-based care and to improving access to care for its patients.

FMA President and CEO Joe Fifer reflects on the importance of trust as the foundation for success in healthcare finance.

HFMA’s Florida Chapter successfully rebranded an annual professional development workshop to reflect the impact individuals can have at any stage of their career.

HFMA member Pete November is new CEO of Ochsner. Boyd Chappell, Bill Pack, Gail Kosyla and Chris Wilde recently named to new healthcare system CFO positions.

As published in the Winter 2022 issue of hfm magazine, a roundup of top news for healthcare finance professionals.

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.

Using one company’s AI platform, health systems will find uncovered funds that can be used to hire essential practitioners, build new facilities and fund outreach programs.

Read up on various strategies from several health system executives, including taking full advantage of EHR, reducing expenses, improving patient experience and so forth.

What are the most critical strategies to steer healthcare organizations in the direction of financial stability in the following year and beyond? A couple tips include reducing bad debt and accessing external benchmarks for supply pricing.

See five areas where there is room for additional automation according to respondents in a recent survey. Also read about using AI in the revenue cycle and the benefits it brings hospitals and healthcare systems such as dealing with staffing challenges, dwindling margins and increased denial rates.

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 of clinical assets as a cost-saving strategy.