Finance and Business Strategy

With millions of physician referrals up for grabs, partnerships with consumer-centric sites of service matter

HFMA’s Chad Mulvany says in today’s competitive environment where traditional referral patterns are at risk of being upended, it’s crucial for health systems to partner with disruptors like CVS to capture these downstream opportunities.

By Chad Mulvany, FHFMA January 31, 2020

Mid-Ohio ‘Farmacy’ principals encountered several surprising challenges trying to combat food insecurity

The Mid-Ohio “Farmacy” effort echoes what HFMA heard from participants at its recent Thought Leadership Retreat about tackling social determinants of health and highlights the complexities in the healthcare system for establishing such partnerships.

By Katie Gilfillan January 29, 2020

Rising out-of-pocket cost of having a baby can impact hospital revenue and reputation

The increase in consumer out-of-pocket costs for having a baby can have a negative impact on both a hospital’s financial performance and its perception in the community.

By Chad Mulvany, FHFMA January 15, 2020

Analysis: Advanced analytics company partners with Emory Healthcare

If healthcare providers are going to be successful in lowering the cost of healthcare, they may need to find a partner that can crunch the data to help them understand their cost to deliver care at the case/patient level.

By Chad Mulvany, FHFMA January 7, 2020

Analysis: How one health system is using food as medicine with great results

HFMA’s Katie Gilfillan discusses how ProMedica, a Toledo, Ohio-based healthcare organization serving communities in 28 states has operated food pharmacies at three of its medical clinics and describes the positive results from the health system's efforts.

By Katie Gilfillan, MSW, CHFP January 2, 2020

Analysis: What are the implications for the healthcare industry with more private equity groups buying up various specialty physician practices?

HFMA’s Chad Mulvany looks at the trend of private equity groups rolling up various specialty physician practices and what it could mean for the healthcare industry.

By Chad Mulvany, FHFMA December 23, 2019

How healthcare leaders can look beyond election years and business cycles to what really matters

Healthcare leaders should look beyond political and business cycles and focus on the issues that require their attention in 2020, says HFMA President and CEO Joe Fifer.

By Joseph J. Fifer, FHFMA, CPA December 17, 2019

Strategic Financial Planning Winter 2020 Issue

Read the following articles featured in the Winter 2020 issue of Strategic Financial Planning newsletter. Download a PDF of the issue. Innovation and disruption Innovation in hospitals can “turbocharge” advances Ed Avis Once healthcare leaders learn innovation processes and understand the tools used by peers, they can apply innovation anywhere in your organizations. Contracting How to use…

By HFMA December 16, 2019

Physician pay increased but productivity remained stagnant in 2018

Medical specialties saw an increase of 1.9% in median wRVU production over last year’s survey.

By HFMA December 16, 2019

Innovation in hospitals can ‘turbocharge’ advances

Once you learn innovation processes, and the tools used by peers, you can apply innovation anywhere in your organization.

By Ed Avis December 13, 2019
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