How healthcare organizations can defend against financial hazards in 2023
What are the most critical strategies to steer healthcare organizations in the direction of financial stability in the following year and beyond? A couple tips include reducing bad debt and accessing external benchmarks for supply pricing.
7 tips for successful M&A integrations
When companies go through mergers and acquisitions (M&A), how do leaders manage integrating teams and culture? Read through some tips from a health care transaction principle who assists health systems across the M&A life cycle.
Cloudmed, an R1 company, helps health systems get paid for the care they provide
Using one company’s AI platform, health systems will find uncovered funds that can be used to hire essential practitioners, build new facilities and fund outreach programs.
Revenue cycle technology budgets rise to meet need for automation, AI and robotics, says new survey
See five areas where there is room for additional automation according to respondents in a recent survey. Also read about using AI in the revenue cycle and the benefits it brings hospitals and healthcare systems such as dealing with staffing challenges, dwindling margins and increased denial rates.
Jill Geisler: How inclusive leaders protect against ‘invisible work’
DEI efforts within organizations can result in extra work for key staff. Jill Geisler shares tips for how leaders can ensure this does not become invisible work that imposes an unrecognized burden.
International member spotlight: Raghu Bemmanakodan shares his passion for his revenue cycle work and leadership role
Raghu Bemmanakodan, billing recovery manager, says the biggest impact of revenue cycle management education on the day-to-day operations at Sheikh Shakhbout Medical City, Abu Dhabi, is a new understanding of the workflow between various health system departments.
HFMA’s virtual revenue cycle and price transparency series focuses on helping health systems re-engage consumers and improve financial performance
Beginning March 1, healthcare finance professionals can participate in several educational sessions and peer-to-peer discussions by enrolling in HFMA's virtual revenue cycle and price transparency workshop.
Leveraging APPs is key to improving a health system’s provider enterprise
Although physicians have historically constituted the vast majority of a health system’s providers, advanced practice providers (APPs) are growing in number and importance throughout healthcare, to the point that what traditionally has been referred to as a health system's physician enterprise is now more aptly called its provider enterprise.
Healthcare News of Note: Newest nurses now fill the greatest number of 12-hour shifts
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: New nurses fill the largest number of shifts, some heart failure patients find the cost of medications unaffordable, and inaccuracies in CMS data make it difficult to address healthcare disparities.
Healthcare News of Note: Oracle once again extends its tender offer to acquire Cerner, indicates further extensions are likely
Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: Oracle again has extended its tender offer to acquire Cerner, a new report quantifies the impact of the U.S. COVID-19 vaccination program, and healthcare is one of the top industries attracting former low-wage earners.