David Johnson: 10 forces are combining to disrupt healthcare’s status quo
The U.S. healthcare system operates in much the same way it has for the past 100 years: always hospital-centric, physician-centric, disease-centric, treatment-centric and transaction-centric. Providers receive payment for the specific treatments they deliver. There is limited care coordination, little emphasis on prevention, inadequate provision of mental health services and woeful chronic disease management. The result…
Why a health system’s growth strategy should include a build-versus-buy analysis
Recent market disruptions in the hospital industry make it imperative that health systems be precise in their capital planning for growth initiatives as part of an overall strategic vision. An essential goal for such planning is to find a balance between service line diversification and expansion, while maintaining sound financial results. Weighing the pros and…
Research Conducted by HFMA
This collection of partnered research covers a broad range of healthcare finance topics. Some of which are: finance and business strategy, leadership, revenue cycle management, technology and operations.
Senate hearing on Steward Health Care depicts consequences of hospital management decisions (updated-2)
Note: This story was updated Sept. 26 and Sept. 30 with additional news, including a lawsuit filed by now-former CEO Ralph de la Torre. After the CEO of Steward Health Care rebuffed a subpoena to appear Thursday at a Senate committee hearing, members and invited panelists used the occasion to bemoan the company’s hospital ownership…
Improving diversity in clinical drug trials
Erika is joined by Quintin Maidment, a vice president at CTRx Pathways, to discuss why diversity is critical in clinical drug trials and what barriers stand in the way.
Lease administration: The key to reducing business risk and expenses
Your lease portfolio represents one of the largest business expenses within your budget. Download this white paper to learn how to take control of your leases.
HFMA’s editorial team earns its 20th award this year
The American Society of Journalists & Authors (ASJA) awarded Jeni Williams, a regular contributor to hfm, with an honorable mention for the special report, “SDOH: Leader or convener? Hospitals and health systems still struggle with their role,” which she wrote in 2023 as part of HFMA’s Healthcare 2030 series. Williams’ recognition in the ASJA’s B2B…
Ken Perez: An assessment of the health policies of Kamala Harris and Donald Trump
The 2024 presidential election features a shift in policy position by Democratic Party candidate Kamala Harris, who has distanced herself from her previous advocacy of Medicare for All, while Republican Party candidate Donald Trump appears less intent on repealing the Affordable Care Act.
The financial state of the not-for-profit hospital sector: key takeaways from the latest medians
The financial condition of the U.S. not-for-profit (NFP) hospital industry can be described as steadily improving but still struggling, according to insights from two of the three main credit-rating agencies. Fitch Ratings and S&P Global both recently issued reports on sector medians, using audited data from 2023. The companies described an industry that has rebounded…
Hospitals see a margin advantage as care migrates to the outpatient department
The site-of-care shift toward the outpatient setting increasingly is manifesting in margin per case, according to recent financial data. “While overall margins for both inpatient and outpatient hip and knee replacement surgeries have declined, outpatient procedures now have higher margins than inpatient procedures,” Strata Decision Technology wrote in its Performance Trends Report for Q2 (registration…