New data points to financial upsides in rethinking patient payment plans
According to a recent survey conducted with more than 200 healthcare finance professionals, providers struggle to obtain out-of-pocket costs from patients. Now, providers collect just 24% of patient billings, or the amount owed after insurance covered its portion.
HFMA’s editorial team earns 25 awards
HFMA’s editorial team has earned 25 honors from two media organizations — the American Society of Business Publication Editors (ASBPE) and the Software & Information Industry Association (SIIA) — for work spanning its 2024 healthcare industry coverage, special reports, newsletters, podcasts and design. (See the sidebar “4 HFMA editorial pieces earn Neal Award honor,” below.)…
David Johnson: Lessons in solving the nation’s current revenue cycle dilemma
In April 1999, “The Modern Library” published its list of the top one hundred nonfiction books of the 20th century. Number one was “The Education of Henry Adams,” an intellectual autobiography written in 1905 by the great grandson and grandson of John Adams and John Quincy Adams, respectively, the second and sixth presidents of the…
Ken Perez: The NIH research grant cuts — their magnitude, impact and the road ahead
Moves by the Trump administration to reduce HHS’s discretionary budget by 26.2% could have unintended adverse consequences. They not only could undermine the nation’s standing in the field of medical research, but also could derail progress in human health advances, promising medical findings and public health preparedness. Cuts to discretionary spending by the National Institutes…