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.
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.
Coronavirus, Walmart and the risks and benefits of M&A
Rich Daly and Chad Mulvany cover the latest from Washington on the coronavirus, Joe Polaris of R1 RCM discusses how to reap the promised benefits of M&A and Rich Daly talks about his interview with Lisa Woods of Walmart.
Study: Medicare Advantage enrollees less likely than traditional Medicare enrollees to use both institutional post-acute care and home health care
HFMA's Chad Mulvany says where there is competition for PAC discharges, providers should partner with high-quality PAC providers.
8 hallmarks of a successful healthcare venture capital program
Health systems that are developing venture capital projects should apply eight core principles that reflect best practices of organizations that had a strong track record of success in managing their venture capital programs.
5 steps for developing a strong investor relations strategy
Healthcare organizations should adhere to best practices in investor relations by pursuing a strategy that builds and maintains trust through routine, clear communication of key organizational objectives, priorities, strategic initiatives and strengths.
Hospitals need engaged physicians to manage supply preferences
Gainsharing and co-management are two strategies hospitals and health systems can employ to effectively engage physicians in organizational efforts to manage costs of physician preference items.
Healthcare organization partnerships with Area Agencies on Aging help reduce the total cost of care
Area Agencies on Aging are well-established resources for enhancing the health and well-being of a community’s elderly population and a natural partner for hospitals as they strive for a holistic approach to caring for older adult patients.
Key challenges hospitals must address to improve supply chain team effectiveness
To improve cost performance around physician preference items, hospitals must address challenges posed by the sheer volume of supplies and cost transparency, among others.
March 16-20: CMS deadlines approach amid ongoing cancellations of healthcare finance events
A complete listing of healthcare finance-related hearings, conferences, webinars, public forums and deadlines for the week of March 16.