Finance and Business Strategy

2020

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By HFMA March 31, 2020

Perspective matters when it comes to media scrutiny of health system collection practices

HFMA’s Chad Mulvany says 31,000 lawsuits may seem like a lot but adjusted to an annual basis and the population of the study’s geographic area, the actual number is much smaller than one would expect.

By Chad Mulvany, FHFMA March 26, 2020

CMS modifies hospital inspection program amid coronavirus pandemic

State and federal inspections of hospitals will focus on locales where the CDC anticipates COVID-19 outbreaks.

By Rich Daly March 25, 2020

Social distancing due to coronavirus may have unintentional negative effects on seniors aging in place

The unintentional physical and emotional suffering social distancing may cause at risk seniors who are sheltering in place, will also increase the total cost of care, putting further COVID-19-related pressure on participants in alternative payment models.

By Chad Mulvany, FHFMA March 24, 2020

5 points about leadership that get past the cliches and highlight what’s real

Leadership is often misunderstood, but focusing on five key points can provide valuable perspective on what makes an effective leader.

By J. Bryan Bennett March 17, 2020

Tips on how leaders should communicate during major change initiatives

During times of organizational change, leaders should recognize the importance of communication in ensuring the change gets implemented effectively.

By Jill Geisler March 17, 2020

Why a focus on margin management is critical in a consumer-centric healthcare market

Providers that remain focused on service-by-service approach to care delivery will find themselves out of step with today’s consumer-focused healthcare system.

By Eric C. Reese, PhD March 16, 2020

Care management and reduced LOS: How hospital leaders can connect the dots

Emerging care management approaches are focused on coordinating each step in a patient’s care journey, from tracking status at admission to coordinating with community-based providers after patients are discharged.

By Lance Robinson March 16, 2020

How to achieve best-in-class capability for value-based risk contracting

Health systems embarking on value-based contracting should give attention to three areas: understanding market profit pools, acknowledging inherent challenges in the health plan market, and developing the key elements that are essential for success.

By Richard Weil, PhD March 12, 2020

How to build a financial plan that lasts

Bart Lewis from Strata Decision Technology shares key lessons discovered when taking a new approach to annual budget planning.

By Bart Lewis March 12, 2020
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