Finance and Business Strategy

The coronavirus pandemic: A time when cash becomes priceless

Venson Wallin and Richard Walker of BDO Consulting discuss cash: how to get it, how to keep it, and how to use it wisely.

By Erika Grotto July 30, 2020

The journey back from COVID-19: COVID-19: A guide to economic recovery for health system CFOs

As healthcare CFOs prepare fro the aftermath iof the COVID-19 pandemic, they should adopt a new mindset for addressing strategies around human capital, revenue recovery, cost reduction and capital investment.

By Deirdre Baggot, PhD, RN July 29, 2020

Healthcare professionals are embracing the shift to consumerism with the intent of improving the patient financial experience, survey results show

A survey conducted by HFMA and CareCredit provides insights into the state of consumerism among hospitals and health systems.

By HFMA July 29, 2020

Congress may not provide a surprise bill fix prior to the election, but patients may find HFMA’s consumer guide useful

Given Congress is unlikely to provide a surprise bill fix prior to the election, Chad Mulvany suggests hospitals provide patients with HFMA's consumer guide on avoiding surprise bills to learn what questions to ask prior to any scheduled services.

By Chad Mulvany, FHFMA July 29, 2020

State Renews HFMA Peer Review Designation

HFMA announced State has once again achieved the "Peer Reviewed by HFMA" designation for its Healthcare Bad Debt Recovery service.

By HFMA July 28, 2020

TruBridge Receives HFMA Peer Review Designation

HFMA awarded TruBridge's Accounts Receivable Management Service the Peer Reviewed by HFMA designation.

By HFMA July 27, 2020

7 ways to improve collaboration between finance and clinical leadership

By taking the right approach to collaboration, healthcare finance and clinical leaders can improve results for their patients and their organizations.

By Nick Hut July 27, 2020

Trump administration extends public health emergency to October

The federal public health emergency stemming from the COVID-19 pandemic was extended by 90 days to late October.

By Rich Daly July 27, 2020

Hospitals with health plans have gotten a financial boost during the pandemic

Hospitals with provider-sponsored health plans have obtained a financial cushion to offset the steep losses from the coronavirus pandemic on the provider side.

By Rich Daly July 24, 2020

How healthcare providers can help the 5.4 million people that have lost insurance

HFMA's Chad Mulvany says healthcare providers adherence to HFMA's medical accounts receivable resolution best practices can help them increase cash balance yields, avoid negative publicity and treat patients the right way.

By Chad Mulvany, FHFMA July 23, 2020
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