Consequences of PCI Noncompliance
Healthcare finance leaders should understand that the consequences of noncompliance with the PCI standards for security of credit card information can be severe.
Payment Security and Compliance: A Primer for Healthcare Revenue Cycle Decisionmakers
Compliance with credit card security standards has taken on greater importance for hospitals as with the increased likelihood that patients might use credit cards to cover growing payment obligations imposed by high-deductible health plans.
Robotic Disruption and the New Healthcare Revenue Cycle
Using software robots to perform repetitive, ongoing financial processes can improve efficiency, increase accuracy, and boost the overall well-being of a health system’s revenue cycle and other data management applications.
10 States Far Exceed National Average for Average Charge per Medicare Admission
In U.S. 10 states, the average charge per admission far exceeds the same measure for any of the remaining states, significantly surpassing the national average for the measure.
HFMA Executive Roundtable: Implementing a Combined Business Office: Exploring the Challenges and Opportunities
Centralizing hospital and physician business offices presents opportunities to increase operational efficiencies, drive patient satisfaction, and realize other critical financial benefits. In this roundtable, participants discuss the advantages and challenges of a combined approach and also debate strategies for successfully navigating the integration process.
HealthFirst Financial: Opening the Door to Affordable Health Care
KaLynn Gates, president and corporate counsel for HealthFirst Financial, discusses how a patient-centered financing program can drive patient satisfaction and enhance loyalty while improving organizational financial performance.
HFMA Executive Roundtable: Optimizing the Revenue Integrity Function
Although some organizations have a dedicated department or group focused on revenue integrity, others address the concept less formally. In this roundtable, senior leaders from several hospitals discuss their approaches to revenue integrity and provide strategies to improve and enhance the function.
Ask the Experts: Handling Patients Who Provide False Identities
Are there any policies or workflow processes for handling emergency department patients who misrepresent their identities?
Contracting With Physicians to Tackle Pervasive Challenges
Hospital efficiency improvement programs allow organizations to address quality and efficiency goals across service lines by providing all inpatient-focused specialties with financial rewards if they achieve specific outcomes.
Moving Toward a Revenue Ecosystem
To maximize results, healthcare finance leaders should establish an integrated view of the organization’s entire revenue ecosystem, aligning across organizational strategy, payer contracting, clinical operations, and revenue cycle drivers.