HFMA Claim Integrity Task Force seeks to standardize denial metrics
A new task force is looking to improve the data and KPIs needed to further reduce denials.
Hospital investments should emphasize the virtual over the physical, Wall Street panelists say
Virtual-care capacity represents a better investment for healthcare providers than brick-and-mortar expansions, according to a Wall Street analyst.
How providers should prepare for No Surprises deadlines
Nick Hut talks with John Friedel from Abeo about the No Surprises Act and what providers should be doing now to prepare.
Healthcare News of Note: Federal bailout money helped some of the nation’s wealthier hospitals prosper despite COVID-19
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles, including wealthier hospitals prospering despite COVID-19, oncologists seeing more new advanced-stage cancer patients and the burden of prior authorizations during COVID.
National Academy of Medicine paper explores transformation opportunities for health systems
Authored by leaders of four large health systems and two hospital associations, a new paper examines priorities for healthcare transformation from the perspective of care delivery organizations.
HHS issues various updates to Provider Relief Fund FAQs
HHS updated its 60-page list of FAQs for recipients of Provider Relief Fund payments.
40% of hospitals reconsidering traditional budgeting amid pandemic: HFMA poll
A n October 2020 HFMA survey, by Strata Decision Technology, found that the COVID-19 pandemic prompted many U.S. hospitals to consider moving from a traditional budgeting process to rolling forecasting, with one in five already having made the move.
Updated FEMA guidance notes availability of monetary assistance for COVID-19 vaccination activities
The Federal Emergency Management Agency has issued updated guidance on medical care and associated costs for which monetary assistance is available during the COVID-19 public health emergency.
Vaccine, vaccine, vaccine, vaccine: How Sanford Health System is communicating with patients about getting their shots
Matt Hocks from Sanford Health System describes his organization’s strategy for communicating with patients about the vaccination plan. Ken Baxter from Children’s Hospital of Orange County discusses the revenue cycle challenges of the pandemic. This episode was sponsored by Cerner.
Financial Analytics Leadership Council members share 5 challenges, responses to pandemic’s financial long haul
Financial leaders discuss how the pandemic has impacted revenue, volume and expenses, which has thus created a need for data and analytics.