Finance and Business Strategy

Sponsored by Kaufman Hall In this September issue of HFMA’s Cost Effectiveness of Health Report, sponsored by Kaufman, Hall & Associates, LLC, an innovator describes a practical solution for addressing the daunting problem our nation faces around the unhealthy eating due to social determinants of health. Also included is an update of an expert-reviewed feature that described…

Sponsored by Kaufman Hall In the August 2022 issue of HFMA’s Cost Effectiveness of Health Report, sponsored by Kaufman, Hall & Associates, LLC, an industry thought leader and advocate for improving treatment of mental illness offers insights into why we need to change our nation’s approach to mental health. Also included is an expert-reviewed feature that examines…

Using one company’s AI platform, health systems will find uncovered funds that can be used to hire essential practitioners, build new facilities and fund outreach programs.

With 2023 Medicare regulations potentially inflicting significant financial constraints on physician practices, advocates are calling on Congress to implement a fix before Jan. 1. CMS’s final rule for Medicare physician payments set the conversion factor at $33.06, a reduction of $1.55 — or 4.5% — from 2022. The decrease stems from a statutorily required update of 0%…

Leaders of hospitals and health systems whose organizations are embarking on a merger or acquisition should be prepared to avoid the many potential pitfalls associated with such an strategic venture.

Read up on various strategies from several health system executives, including taking full advantage of EHR, reducing expenses, improving patient experience and so forth.

Michelle Brandt is vice president of physician, ambulatory contracting & credentialing at MedStar Health in Columbia, Maryland About TRIMEDX As an industry-leading, independent clinical asset management company, TRIMEDX helps healthcare providers transform their clinical assets into strategic tools, driving reductions in operational expenses, optimizing clinical asset capital spend, maximizing resources for patient care, and delivering improved safety & protection. This published piece is provided solely for informational purposes. HFMA does not endorse the published material or warrant or guarantee its accuracy. The statements and opinions by participants are those of the participants and not those of HFMA. References to commercial manufacturers, vendors, products, or services that may appear do not constitute endorsements by HFMA.

See five areas where there is room for additional automation according to respondents in a recent survey. Also read about using AI in the revenue cycle and the benefits it brings hospitals and healthcare systems such as dealing with staffing challenges, dwindling margins and increased denial rates.

Sponsored by Kaufman Hall This issue of HFMA’s Cost Effectiveness of Health Report, sponsored by Kaufman, Hall &  Associates, LLC, includes insight into what’s driving U.S. health systems’ increasing adoption of programs for delivering acute hospital car in patients’ homes, with new guidance for organizations considering such a strategy. Martin Bluth provides a physician’s perspective on what’s needed…

Read about one company's payment solution that gives patients a way to pay for out-of-pocket healthcare costs while enabling health care organizations to receive payment for services within two business days.