In a ‘setback,’ hospital margins, volumes decreased
Hospitals' financial recovery took a step backward in August, according to a monthly report.
Sage Intacct Becomes First Cloud Financial Management System to Receive HFMA Peer Review Designation
HFMA recently reviewed Sage Intacct, a cloud financial management system from Sage, using the Peer Review process.
How to build a resilient not-for-profit healthcare company
To build a resilient organization that can withstand adverse changes to its core business model, leaders should create a foundation for absorbing first shocks of dislocation by breaking the company into three components: an operating company, finance company and investment company.
U.S. stands at the forefront of efforts to develop a COVID-19 vaccine
Given the importance of finding a vaccine to stem the spread of COVID-19, more than 40 governments, including the U.S. federal government in a prominent role, are subsidizing the development efforts with enormous levels of funding.
3 contracting strategies to accelerate a COVID-19 financial recovery for providers
Having suffered significant losses due to the COVID-19 pandemic, healthcare providers require effective strategies to achieve a more equitable balance with payers, which have actually enjoyed a financial windfall as a result the pandemic.
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More policymaking likely as the 2020 presidential election approaches
HFMA's Chad Mulvany says given the Trump administration’s focus on transparency, it’s possible the Transparency in Coverage final rule could be released prior to the election.
ED, inpatient volumes have stagnated since June, analysis finds
Hospitals’ ED and inpatient volumes have not improved since the June surge in patients following the resumption of most hospital services after COVID-19 service suspensions were lifted.
The Healthcare Financial Management Association Releases Best Practices for the Fair Resolution of Patients’ Medical Bills
HFMA published voluntary best practices for the fair resolution of patients' medical bills, designed for use by healthcare providers, providers' business affiliates and credit bureaus.
Amid the pandemic, cost control becomes hospitals’ top benefits-related focus, survey finds
Health systems have prioritized cost control in their personnel offices in response to the pandemic’s revenue impacts, a new survey found.