How a workforce marketplace ecosystem can reduce traveler nurse dependence and stabilize a hospital’s labor cost model
High labor costs are threatening the viability of many hospitals and health systems. A workforce ecosystem approach, after Uber’s “gig worker” approach, can help ensure organizations have access to a stable, cost-effective workforce, with reduced reliance on costly alternatives such as over-reliance on trave nurse.
Healthcare News of Note: Cancer is now the top driver of large employers’ healthcare costs
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: The No. 1 driver of healthcare costs for large employers is cancer, the gender pay gap for physicians has gotten larger, and NRC Health names the top facilities for consumer loyalty and patient experience.
Reflections on Annual Conference: Keynoters nailed it
National Chair Aaron Crane reflects on keynote presentations by Zeev Neuwirth, Kelli Harding, D.J. Vanas and Joel Selanikio at HFMA’s 2022 Annual Conference.
The metrics that matter in today’s physician enterprise
Advanced practice providers now represent about two-fifths of the physician enterprise workforce. New metrics are required to reflect this and other transformative changes within the physician enterprise.
Terri Chinn: For hospital CFOs, success comes from understanding payer expectations
Terri Chinn, CPA, a 37-year member of HFMA, and vice president, finance, at St. Mary’s Medical Center in Grand Junction, Colorado, suggests success for her organization comes from its ability promote health in its service area. She has applied her lessons learned as a leader of both payer and provider organizations to financially manage a clinically integrated network, called Monument Health, with the purpose of improving quality and access while reducing cost for its beneficiaries.
Improved access and quality of care are keys to solving the nation’s mental illness crisis
If we are to meaningfully address our nation’s crisis in mental health, we need to start by treating mental illness the same way we treat physical ailments, says Thomas Young, MD, a Board-certified physician and long-time vocal advocate for improving mental health in the United States.
The implications of Amazon’s deal to buy One Medical: What healthcare providers should know
Amazon’s announced purchase of One Medical for nearly $4 billion should spur providers to fortify their primary care strategies.
The five essential people on every patient’s cancer care team (and why a financial advocate should be one of them)
Jada Desmairis of Baker Newman Noyes discusses the importance of a cohesive care team for patients with cancer.
How healthcare organizations can take the lead in the nation’s quest to improve health equity
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.
Above and beyond in the Mile High City: Insights about the future of healthcare from HFMA’s 2022 Annual Conference
In this special early-release episode, Brad Dennison, HFMA's director of content strategy, interviews Jim Jacobson and John Becker of Vizient; and Chad Mulvany, vice president of federal policy at the California Hospital Association discusses surprise billing.