Healthcare News of Note: Healthcare insurers owe hospitals billions of dollars in payments and are putting more patients in a bind with retroactive claim denials, says Kaiser Health News
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Insurers are behind in billions of dollars in payments to hospitals, the strain on clinicians and staff grows amid the pandemic, and CFO duties involve more digital activities and investor relations.
Healthcare M&A activity for Q3 remains low in volume but high in impact, firms report
The number of M&A transactions involving hospitals and health systems remained at historically low levels, but the average revenue involved was far higher than in recent years.
Healthcare News of Note: U.S. will be short 3.2 million lower-wage healthcare workers within 5 years, says Mercer
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Shortages of lower-wage healthcare workers, nurses, physicians and mental health staff are expected, PHI security and burnout are of concern to most healthcare professionals, and the pandemic is expected to affect health insurance rates.
Hospital CFOs concerned about service lines; some embrace coming disruption
A survey conducted by HFMA for the Healthcare 2030 special series shows CFOs as expecting big changes to the hospital and health system operating model.
How a health system can realize tangible benefits from its digital health strategy
Many health systems today are intent on developing and implementing an effective digital health strategy, and their CFOs are likely to play a prominent and collaborative role in this effort.
Self-avowed healthcare finance fanatic heads up Mayo Clinic’s HFMA Enterprise Solutions initiative
Praveen Mekala, CHFP, CRCR, MPH, is CFO of Mayo Clinic-Minnesota and interim CFO of the Mayo Clinic Health System. He’s also passionate about healthcare finance. And earlier this year, Mekala found a new way to share that passion with colleagues: HFMA’s Enterprise Solutions membership initiative. Mekala believes the program allows finance leadership teams to both leverage…
Q&A: What healthcare professionals can do to stay safe while traveling and attending live events
Mayo Clinic’s Sean C. Dowdy shares best practices healthcare professionals can use to stay safe while traveling and attending live events, and he discusses what Mayo Clinic’s COVID-19 modeling shows for Olmsted County in Minnesota.
Let’s apply a wider view — and approach — to health equity
HFMA Chair Tammie Jackson urges healthcare finance leaders to think broadly when considering factors that lead to health disparities and finding new ways to promote health equity.
Why cost effectiveness of health should be the prime point of focus for healthcare
Editor's Note for Cost Effectiveness of Health Report.
The hospital industry is projected to finish 2021 with a $54 billion loss, report finds
The financial turmoil that has affected hospitals and health systems throughout the COVID-19 pandemic won’t be alleviated during the remainder of this year, according to projections.