HFMA
About the Author
HFMA
Latest Work
FY 2024 IPPS/LTCH Proposed Rule Summary
HFMA presents a detailed summary of its proposed rule describing federal fiscal year (FY) 2024 policies and rates for Medicare’s inpatient prospective payment system and the long-term care hospital prospective payment system.
FY 2024 Skilled Nursing Facilities PPS Proposed Rule Summary
HFMA presents a detailed summary of the proposed rule updating the Medicare skilled nursing facility (SNF) payment rates for fiscal year (FY) 2024.
FY 2024 Inpatient Psychiatric Facilities Prospective Payment System Proposed Rule Summary
HFMA presents a detailed summary of the fiscal year (FY) 2024 Inpatient Psychiatric Facilities Prospective Payment System proposed rule, published in the April 10, 2023, Federal Register.
FY 2024 Hospice Wage Index and Payment Rate Update Proposed Rule Summary
HFMA presents a detailed summary of the proposed rule updating the Medicare hospice payment rates, wage index, the cap amount, and the quality reporting requirements for federal fiscal year (FY) 2024.
HFMA membership surpasses 100,000 for the first time
The Healthcare Financial Management Association (HFMA) announced today that its board of directors has unanimously chosen Ann Jordan as the organization’s next president and chief executive officer, effective June 6, 2023. She will be the first female CEO in HFMA’s 77-year history. Jordan currently serves as CEO of ASQ, a global membership association for quality professionals with members in more than 130 countries.
Assessing Reality in Healthcare Financial Information
Healthcare stakeholders, including management, regulators, investors, rating agencies, lenders, media and others seek information to evaluate operating margins and profitability metrics for hospitals and other healthcare organizations. Financial statements, tax/information returns and Medicare cost reports are key information sources for the healthcare industry, but many times they convey seemingly contradictory information, which creates confusion for…
7 KPIs providers should be tracking
Health systems and provider organizations are facing enormous challenges. In a recent poll, providers ranked five of their most pressing issues, which were staffing (58%), expenses (20%), revenue (17%), technology (2%), and other (2%), according to the MGMA. The poll also found that costs have been outpacing revenue for nine in ten respondents. In addition…
HFMA Names Ann Jordan as New CEO
The Healthcare Financial Management Association (HFMA) announced today that its board of directors has unanimously chosen Ann Jordan as the organization’s next president and chief executive officer, effective June 6, 2023. She will be the first female CEO in HFMA’s 77-year history. Jordan currently serves as CEO of ASQ, a global membership association for quality professionals with members in more than 130 countries.
The impact of claims denials on the financial health of healthcare
While their hospitals and healthcare centers have long had to deal with claims denials, the number of denied claims continues to rise and payers are showing little inclination to help solve the problem, according to several roundtable participants.
Best practices for relieving unprecedented cost pressures facing healthcare providers
Due to labor cost increases, inflation, declining Medicare reimbursements and other reasons, health systems across the nation are feeling a new financial strain after the height of the pandemic.