HFMA
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HFMA
Latest Work
Ask the Experts: Analyzing Bad Debt
What are best practices related to aging accounts receivable buckets and determination of reserve rate-based time frames?
Why Fee-For-Service Remains Prominent
Fee-for-service is still the dominant payment method because of certain economic factors and a traditional industrial mindset that values volume.
5 Keys to Successful Performance Improvement
Bold moves, leadership, and constituent engagement are key to performance improvement initiatives.
3 Actions for Hospital Disaster Preparedness
Hospitals and health systems can take specific actions to continue operations, protect revenue, and limit credit rating downgrades.
New Committee for Patient Safety Will Coordinate National Efforts
As CFOs field more funding requests for patient safety initiatives, they need to be included in initiatives that develop a culture of safety.
Cohort Reports from the 2018 Annual Conference
HFMA presents reports detailing strategies on cost reduction, consumerism, and business intelligence and analytics.
Big Data: Another Emerging Disruptive Force in Health Care
A Texas hospital used big data to improve processes in magnetic resonance imaging.
Decline in Hospital-Acquired Conditions Saves Almost $3B
AHRQ reports that hospital-acquired conditions fell by 350,000 between 2014 and 2016. With an adverse drug event costing a hospital anywhere from $1,200 to $9,000 and a catheter-associated urinary tract infection costing between $5,000 and almost $30,000, this reduction is a positive indicator for reducing health costs.
Improving Patient Experience May Reduce Readmissions
Providers should ask high-risk patients about their care experiences before discharge to help reduce costly readmissions.
Number of MSSP ACOs and Shared-Savings Characteristics
The number of ACOs participating in the Medicare Shared Savings Program increased at a faster rate from 2013 to 2018 than did the number of participants that achieved shared savings in the first four years of the program.