Revenue integrity: an evolving function for hospitals and health systems
Hospitals and health systems require a revenue integrity function to best manage revenue cycle processes in today’s healthcare environment.
Closing the gap between the CFO and the ‘next in line’
The new focus on CFOs as strategic business partner requires them to groom successors with broader skill sets that align with future organizational needs.
Managing Mental Health in the Workplace: A Strategy to Retain Employees
The head of a medical billing company implemented policies to support her employees’ mental health, including various accommodations as recommended by the Americans With Disabilities Act.
Aligning Executive Compensation to Strategic Priorities
As hospital boards and executives embark on transformational strategies like clinical integration and population health management, finance leaders are key in helping to set performance targets that are appropriate relative to industry-wide statistics as well as past performance.
An ‘Outside View’ Helps Achieve Return on Analytics
An “outside view” can counter biases and organizational pressures that can skew internal decision-making processes. It also provides a framework for target setting that helps define realistic expected returns.
The 4 Qualities of ‘Next-Level’ Healthcare CFOs
The impact of “next-level” CFOs is felt and seen throughout organizations. For example, by mentoring and coaching to build financial literacy across teams and organizations, these CFOs are seen as proactive and selfless servant leaders who are improving their organizations.
Temporary Nurses: A Viable Solution to Nurse Shortages
Nurse shortages have hospitals and health systems considering temporary nurses.
Valuing Patients as Consumers
February marks National Wise Health Care Consumer Month. HFMA President and CEO Joe Fifer encourages healthcare finance leaders to reflect on what their organizations are doing to help patients and community members feel valued as consumers.
HFMA Helps Convert Imagination into Innovation
HFMA highlights innovative ways healthcare finance professionals are using technology to lower costs, improve care, and increase patient satisfaction.
Resolve to Collaborate in 2019
Cross-professional partnerships can enhance healthcare organizations ability to achieve shared goals of improving the patient experience, reducing the cost of care, and improving population health.