Elective surgery does not mean optional surgery: How to recover from the impact of canceled procedures
Lessons health systems have learned because of the COVID-19 pandemic will provide the building blocks to the recovery, including the return of “elective” procedures, many of which are vitally important to patients’ well-being.
Slow financial recovery expected for hospitals after COVID-19 pandemic
Industry leaders and advisers expect hospital revenue will not return to pre-pandemic levels this year — regardless of a second coronavirus wave.
COVID-19 Hospital & Health System Survey: The Impact of the Pandemic on Provider Revenues, Elective Procedure Volumes, Telehealth Use, and Working Arrangements
The results of a May 2020 HFMA study about the impacts of COVID-19 and the challenges it has caused in terms of revenue, volume, care delivery, and business operations.
How to plan for and profitably operate telehealth services
The COVID-19 pandemic has opened new opportunities for health systems to expand their use of telehealth services. Implemented properly with careful planning, telehealth can be a strong revenue source going forward.
Make your cloud transformation endure: 5 steps for a lasting enterprise cloud strategy
A strategy-focused article about implementing a cloud-based enterprise resource planning (ERP) solution, which focuses on the role of planning, teamwork, communication and continuous performance monitoring.
The coronavirus launches providers into new world of virtual healthcare
The new focus on virtual healthcare in the post-COVID-19 world will bring about an unprecedented industry transformation.
Health systems may require a smaller real estate footprint post-pandemic
Although there's an opportunity to reduce facility costs and generate revenue by selling idle real estate as a result of telework and virtual care delivery post-pandemic, the transition to virtual visits may have a negative impact on provider revenue that exceeds the savings.
Decline in healthcare spending contributing to economic downturn
HFMA's Chad Mulvany says the nation's economy and the health of its citizens could suffer if regular healthcare services continue to lag due to ongoing public concerns about COVID-19.
CMS’s second COVID-19 interim final rule further relaxes Medicare regulations
HFMA's Chad Mulvany provides details on key provisions of CMS's second COVID-19 interim final rule.
Cardiac Surgical Product Adoption Survey
Survey analysis reveals important learnings from a February 2020 HFMA-conducted study, sponsored by Edwards Lifesciences, about cardiac surgical product adoption.