Finance and Business Strategy

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,…

The push to achieve equity in health and healthcare is daunting. It’s a multifaceted societal quest in which the goal is to fix disparities that have been entrenched throughout U.S. history. HFMA’s 2022 Thought Leadership Retreat brought together stakeholders from across healthcare Sept. 15-16 in Washington, D.C., to advance the dialogue in this effort. Although…

The threats to U.S. healthcare organizations from cyberattacks were already on the rise before COVID-19. But they have grown dramatically as a result of the pandemic. Major contributors to rising risk were the rush to respond to the need for telemedicine services and the shift of many staff to remote workplaces. “Hospitals had to stand…

Healthcare providers need to continue to re-imagine how to navigate establishing rational pricing and its impact on pricing transparency mandates. During this webinar, experts will provide a review of what to expect going into year three of transparency regulations from CMS standpoint, the impact of consumerism, and new strategies on organizational pricing policies. Learn about…

Despite forward momentum by Congress to address the prior authorization burden, healthcare providers remain stuck with the status quo: a mostly manual process prone to errors. This webinar breaks down the real-world benefits of automated prior authorization for your staff, your revenue cycle and your patients. Learn what stopgap tactics can help, why automation is…

Did you know that more than 30% of patients who present as self-pay actually have full or partial coverage? It’s a fact — and it’s one that causes huge problems in healthcare. When your coverage-detection process falls short, you face problems such as increased denials, frustrated patients, additional bad debt, overwhelmed staff and decreased collections.…

Amid persistent financial and operational turbulence for hospitals, it appears unrealistic to expect significant improvement in the near future.

HFMA Chair Aaron Crane believes the game of poker provides valuable lessons for healthcare finance professionals navigating the current industry environment.

Finding a way to deliver high-touch care to vulnerable and underserved patients using the patient’s home as the primary point of care has become a strategic priority for providers. The strategic shift to a focus on in-home care for these populations stems from increasing pressure on health systems to lower the cost of care for populations they serve while solving for the challenges presented by social determinants of health.

A range of affiliation structures and contractual obligations that stop short of full integration can offer an attractive alternative for hospital and health system partnerships contending with difficult operating environments.