Three Questions to Ask your RCM Vendor Right Now
All RCM vendors say they take tech, talent, and problem-solving seriously. But do they? Download the white paper to consider some hard-hitting questions.
Navigate the new norms in telehealth billing and coding practices
While telehealth has been around for decades, its adoption soared during the COVID-19 pandemic. According to the American Medical Association, telehealth use grew 70% in 2020. While the use of telehealth since then has leveled off, it remains a valuable and popular care option. More than half of patients surveyed said they prefer telehealth for…
What the Change Healthcare cyberattack means for the future of the industry
In this episode, HFMA Senior Editor Nick Hut and Policy Director Shawn Stack discuss the latest developments on the Change Healthcare cyberattack, and Joshua Corman, founder of cybersecurity organization I Am the Cavalry, shares insights on what should come next in healthcare.
News Briefs: Providers face trying times in the first month after the Change Healthcare cyberattack
Healthcare providers struggled financially and operationally in the first 30 days after a Feb. 21 cyberattack forced the shutdown of Change Healthcare’s claims submission and payment systems, among more than 100 other applications. As of the week of March 18, parent company UnitedHealth Group had restored Change Healthcare’s payment platform and was reporting progress in…
Joshua Corman unpacks the consequences of the Change Healthcare cyberattack on an HFMA podcast episode
The February cyberattack on Change Healthcare, a unit of UnitedHealth Group, continues to cause concern and frustration for providers.a The March 25 episode of HFMA’s “Voices in Healthcare Finance” podcast featured an interview about the long-term effects with Joshua Corman, founder of I Am the Cavalry, an organization focused on cybersecurity, and former chief strategist for…
Dennis Dahlen: Of Blackcats and the dark web: The value of HFMA in times of crisis
The repercussions from the large-scale cyberattack perpetrated by ALPHV Blackcat on Change Healthcare — a company that touches one out of three patient records — likely will be felt for months, the American Hospital Association (AHA) suggests. That’s why it was so important that HFMA take a lead role in getting answers for members and…
The FY24 HHS budget covers key programs for rural hospitals while tightening spending in some areas
The newly passed budget covering HHS during the remainder of FY24 contains notable provisions for healthcare providers. The roughly $117 billion departmental budget for the next six months was set in an appropriations bill that was passed by Congress and signed by President Joe Biden within hours of the March 22 expiration of funding for…
Budgeting for healthcare technology is not just a numbers game
In recent years, the healthcare industry has seen a rapid proliferation of new technologies with promising healthcare applications. This trend has created a challenge for most U.S. hospitals and health systems, given their severe budget constraints, in deciding which of these new technologies constitute the best investment options for their organizations. Add to their technology…
Cyberattack on Change Healthcare brings turmoil to healthcare operations nationwide
Highlights April 9: A possible second ransom demand March 28: Issues with transmitting files to and from payers March 26: A list of payer contacts for providers to inquire about advance payments March 22: An update on the restoration of claims submission March 14: An FAQ on Medicare accelerated and advance payments March 6: Recommendations…
The federal policy response to the Change Healthcare cyberattack
Note: This information is excerpted from HFMA’s running coverage of the cyberattack that disabled operations at Change Healthcare. On March 10, HHS and the Department of Labor sent a letter encouraging commercial payers to do their part to help financially strained providers nearly three weeks after the cyberattack on Change Healthcare. “Larger payers in particular…