UChicago Medicine grows into role of AI innovator
UChicago Medicine discovered that they are ahead of other healthcare institutions in their use of AI for revenue cycle, and they are focusing on using AI to strengthen business outcomes, supporting a culture of AI innovation, implementing a governance framework, and measuring and optimizing performance.
Julie Lautt: Success in healthcare finance leadership is about setting ambitious goals
Julie Lautt, CFO of Avera Health, has successfully led her team in achieving ambitious goals, overcoming challenges such as healthcare finance policies and the COVID-19 pandemic, and emphasizing the importance of teams and innovation in promoting cost-effectiveness in healthcare.
HFMA remembers Gail Wilensky
Gail R. Wilensky, PhD, a leading figure in healthcare policy, passed away at the age of 81, leaving behind a legacy of contributions to the healthcare industry and a lasting impact on healthcare policy.
How nonprofit health systems can benefit from post-acute care partnerships
Nonprofit health systems are increasingly partnering with for-profit operators to deliver post-acute care, which is necessary due to margin compression, difficulty in delivering cost-effective care, and lack of core competencies.
How healthcare providers can streamline A/R through partnerships
The efficient management of accounts receivable (A/R) is essential for maintaining the fiscal health and operational effectiveness of any healthcare organization. Finance leaders are increasingly recognizing the benefits of leveraging strategic A/R partnerships to improve revenue cycle operations, decrease costs and boost liquidity. It is imperative, however, that they take a systematic approach to understand…
David Johnson: Walmart Health’s demise is emblematic of the nation’s primary care conundrum
Walmart’s announcement on April 30 that it was pulling the plug on Walmart Health stunned the healthcare ecosystem.a Few saw it coming. Launched amid much fanfare in 2019, Walmart Health has operated 51 health centers in five states, with a robust virtual care platform. Walmart’s news release noted that “the challenging reimbursement environment and escalating…
CMS’s 2024 MA rule brings some improvements but falls short of addressing all providers’ concerns
Hospitals and other healthcare providers welcomed CMS’s release in 2023 of the 2024 Medicare Advantage and Part D final rule (CMS-4201-F).a The rule represents CMS’s effort to refine the practices of MA organizations by placing limitations on prior authorization, elevating requirements for provider directories and making comprehensive adjustments to the MA and Part D quality…