The Quadruple Aim: How robotic-assisted surgery helps organizations provide high-quality care at a lower cost
Read about how RAS can improve physician and patient satisfaction while simultaneously lowering costs, reducing complications and generating new net revenue.
3 considerations and 8 steps for creating an HaH program
The prediction that HaH programs would continue to proliferate across our nation’s healthcare system has proven to be on target.b it now seems clear the innovative care model of providing hospital-level care in a patient’s home as a substitute for acute inpatient hospital care is finally getting the attention it deserves from hospital systems. The growing…
Healing our healthcare system starts with valuing our healthcare heroes
The C-suite leaders of U.S. hospitals and health systems have a critical charge as the stewards of our nation’s healthcare system: Cultivate an environment of well-deserved trust that encompasses patients and caregivers alike. Without such trust, our healthcare system will flounder. Building trust starts with demonstrating integrity in upholding the organization’s mission of delivering high-quality,…
A taxing opportunity for brave nonprofit health systems
Smart nonprofit health systems should pay their local, state and federal taxes as though they were for-profit companies. You did just read that. I contend that it makes business sense for leading nonprofit health systems to pony up and pay taxes. In the long run, health systems that start paying taxes will create a new…
3 ways healthcare providers should vet potential private equity partners
As their medical practices returned to near-normal operations recently, more than two years after COVID-19 restrictions were first imposed by the Centers for Disease Control and Prevention (CDC), some practice owners found themselves taking stock of their livelihoods and future prospects. The pandemic caused many of them — including physician groups and health systems —…
Hospitals enjoy new opportunities for renewable energy projects
A new direct payment option is now available for hospitals and health systems planning renewable energy projects. For hospitals and health systems that are planning a renewable energy project at a new or existing facility, provisions of the recently enacted Inflation Reduction Act now allow the federal government to provide a direct payment for qualifying…
News Briefs: TMA returns to court over concerns about the No Surprises Act’s arbitration process
The Texas Medical Association has gone to court for a second time in less than a year over the independent dispute resolution process that’s part of the No Surprises Act.
Vanderbilt Health harnesses data to improve revenue cycle management
Close to half of healthcare finance professionals say in a survey that their organizations are experiencing a severe shortage of revenue cycle management (RCM) talent — and many are exploring automation as a way to keep RCM operations working properly. It’s a move that Vanderbilt Health in Nashville, Tennessee, made just prior to the pandemic — and…
Healthcare News of Note: The healthcare sector’s lobbying expenditures exceeded $700 million in 2020
Lobbying expenditures in the healthcare sector increased by more than 70% in all categories from 2000 to 2020, led by pharmaceutical and health product manufacturers and providers. Many employers say they are concerned about meeting the mental health needs of their employees and their employees’ dependents given resource shortages. Healthgrades announced its 2023 Specialty Excellence…
From Geneva to Dubai: HFMA executives team up around the globe to share health finance knowledge
Over the last few months, HFMA’s executive leaders have fanned out across the globe to share how financing can be a catalyst for preventing future pandemics and to bring strategies to a wider audience on how to engage in a paradigm shift toward global health. Pandemic indicators support funding and improve health On Sept. 1,…