Finance and Business Strategy

10 Steps Toward Health Equity

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…

By Nick Hut November 16, 2022

Healthcare’s cybersecurity stakes reach alarming levels

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…

By Eric C. Reese, PhD November 7, 2022

Dec 1: Navigating Healthcare Pricing and Transparency

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…

By HFMA November 1, 2022

Dec 6: Reboot Your Revenue Cycle with Prior Authorization Automation

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…

By HFMA November 1, 2022

Dec 8: Strategies to Foolproof Your Coverage-Detection Process

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.…

By HFMA November 1, 2022

Reeling hospital industry shouldn’t anticipate a turnaround anytime soon

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

By Nick Hut November 1, 2022

Aaron Crane: Poker lessons for healthcare finance

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

By Aaron R. Crane, FHFMA, MHA October 25, 2022

How health systems can support underserved patients through in-home care

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.

By Eric Galvin, CPA October 21, 2022

Less can be more: New considerations for hospital and health system partnerships

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.

By Courtney Midanek October 21, 2022

Why owning a health plan is a good provider strategy

The trend toward increased ownership of health plans by health systems shows no signs of slowing as health systems are increasingly recognizing the importance of having their primary focus be on health and health outcomes rather than on the number of visits or procedures. A health system leader describes the advantages of health plan ownership and strategic considerations for pursuing this approach.

By Scott Nordlund October 21, 2022
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