News briefs: Trends in hospital volumes and margins, and other forces shaping healthcare finance
Read about the key factors that shaped healthcare finance policy and practice June and July 2020.
News briefs September 2020: Trends in hospital volumes and margins, and other forces shaping healthcare finance
Read about the key factors that shaped healthcare finance policy and practice in August 2020.
Funny the way it is: Reflecting on healthcare industry dislocations
Healthcare leaders can go a long way toward improving the nation's healthcare cost problem by understanding health inequity its origins. Some dislocations have been triggered by the COVID-19 pandemic, but others have long existed in the industry.
Healthcare leaders must take multitasking to an enterprisewide level
The extent to which hospital and health system executive teams can multitask will be a determining factor in whether these organizations will succeed in continuing to manage the ongoing operational and financial threats from the COVID-19 pandemic.
2020 is challenging us to re-imagine integrated healthcare
The recovery plan healthcare organizations use to address the impact of COVID-19 and other factors that have damaged the financial foundations of healthcare delivery are likely to involve increased integration.
More independent physician practices likely to seek partners in the coming months due to financial issues caused by COVID-19
HFMA's Chad Mulvany says given the limited days cash on hand independent physician practices report having, it is likely practices will start seeking partners in the coming months, if they haven’t already.
White House appeals for hospitals and health systems to use official COVID-19 portal daily to track PPE needs
HFMA's Todd Nelson says the shortage of personal protective equipment is not going to get better if hospitals and health systems don’t do their part to provide PPE use and shortage data on the U.S. Healthcare COVID-19 portal.
A 5-step process to achieve and sustain physician preference item cost reduction
To identify and reduce the costs of physician preference items, hospitals and health systems should use a five-step process that begins with cleaning and organizing PPI cost and utilization data.
McKinsey & Company survey: Physician perceptions of COVID-19 risk influence referral patterns
HFMA's Chad Mulvany says these McKinsey findings illustrate the importance of involving physicians in the development and execution of checklists used to safely reopen clinics and restart non-emergent procedures.
Healthcare finance leaders share their responses to the COVID-19 crisis
Healthcare finance executive across the nation shared a wide variety of perspectives and experiences regarding the impact of the COVID-19 pandemic on their organizations and on themselves as leaders.