Financial Sustainability Report: August 2021
The August 2021 issue of the Financial Sustainability Report, sponsored by Kaufman Hall, explores the impacts of COVID-19 on hospital cost reporting and financial statements, and why a hospital’s future payment levels may depend on its due diligence around these processes today.
4 keys to sustaining financial viability in the shift to value
A leading ACO in Texas has found a way to thrive despite systemic factors that can discourage value-based initiatives.
Latest financial metrics indicate continuing challenges for hospitals
As COVID-19 hospitalizations increased, some volumes took a hit and margins remained tight.
HFMA recognizes the winners of its 2020-2021 Best Article Award
HFMA announces the winners and runners-up of the Association's Helen Yerger/L. Vann Seawell Best Article Award for outstanding editorial achievement in hfm magazine in fiscal year 2020-2021.
HFMA’s editorial team earns 16 awards for excellence
HFMA’s editorial team earned a total of 12 awards in 2021 for articles published in hfm and four awards for episodes of the Association’s “Voices in Healthcare Finance” podcast produced in 2020.
News Briefs: CMS plans to reinstate policies pertaining to the inpatient-only and ASC covered-procedures lists
A roundup of the top news affecting healthcare finance professionals.
Current financial reporting practices inhibit healthcare policymaking, researchers say
Creation of a national database with information from health systems’ audited financial statements would give policymakers a better sense of how to respond to financial trends, according to researchers.
61% of hospitals say future compliance with price transparency will impact financial processes: HFMA poll
An HFMA-Strata survey found 61% of hospitals and health systems are revamping financial processes in light of price transparency.
Want to foster innovation in healthcare? Give it a foster home
There is a way for healthcare organizations to mitigate the risk, while still enjoying the benefits, of a successful innovation. Instead of developing innovative projects on their own, they may find fostering innovation in others brings rewards that make it worthwhile.
Why rekindling the romance in medicine could spur innovation
Romance in medicine refers to the passion reflected in the wonder and optimism with which healthcare’s great visionaries in healthcare explored the mysteries beyond human understanding in their times. It is an important quality that should be cultivated in our time.