HFMA

Hospitals forecast declining revenues, lower procedure volumes and greater telehealth adoption due to COVID-19

Important learnings from a May 2020 HFMA-conducted survey about the COVID-19 crisis and some of the trends healthcare organizations are seeing.

Why it’s so important for healthcare providers to discuss cost and payments with patients

The patient financial conversation is more important than ever in a time of COVID-19.

Healthcare professionals are embracing the shift to consumerism with the intent of improving the patient financial experience, survey results show

A survey conducted by HFMA and CareCredit provides insights into the state of consumerism among hospitals and health systems.

State Renews HFMA Peer Review Designation

HFMA announced State has once again achieved the "Peer Reviewed by HFMA" designation for its Healthcare Bad Debt Recovery service.

TruBridge Receives HFMA Peer Review Designation

HFMA awarded TruBridge's Accounts Receivable Management Service the Peer Reviewed by HFMA designation.

Accounting for CARES Act Program: Loans, Advance Payments and Other Types of COVID-19 Relief

This HFMA resource provides accounting and financial reporting guidance related to COVID-19 relief under the CARES Program

Hospitals began to reverse job losses in June as other healthcare segments surged

Hospitals restarted hiring in June after two months of steep job losses, but it’s unclear whether the latest resurgence of COVID-19 cases will cut off the rebound.

Regular updates and insight on CARES Act Provider Relief Fund FAQs via Chad Mulvany blog posts

Healthcare Financial Management Association Releases Lease Accounting Guidance

HFMA has published an issue analysis, "Current Issues and Considerations in Accounting for Leases," to clarify certain accounting and reporting issues resulting from FASB Accounting Standards Update 2016-02, "Leases (Topic 842)," and the GASB Statement No. 87, "Leases," as they apply to the healthcare industry.

New Directors Join Healthcare Financial Management Association Board

HFMA has welcomed three new members to its board of directors. Colleen M. Blye, CPA, Maureen A. Clancy, FACHE, CPC, and Matthew E. Cox, CHFP, CPA, began their terms on June 1, 2020 and will serve until May 31, 2024.