Challenges and Opportunities, Part II: Responding to Health Care’s Evolving Landscape
With hospitals on the move to enter new payment arrangements and participate in programs disciplining hospital readmissions, they should consider two new approaches to healthcare.
The Shift to Outpatient TKA—What’s the Big Deal?
Hospitals should prepare for the impending revenue impact of a shift of total knee arthroplasty (TKA) procedures from inpatient to outpatient settings by developing strategies to retain market share for TKA.
Reinventing Medical Payments: The Urgency for Digital Transformation to Prioritize Patients
The rising cost of health care has made the need for convenience in patient payments necessary for both patients and providers.
Acute Care and Critical Access Hospital Occupancy Rate Variability by Location
An analysis of Medicare cost reports from 2016 shows that urban U.S. hospitals typically had higher occupancy rates than their rural counterparts, with notable exceptions in the Northeast and Arizona.
3 Keys to Defending a Healthcare Organization’s Margins
As the healthcare industry transitions from volume-based to value-based payment, healthcare organizations must establish priorities and prepare to assume risk in select areas of focus. To do this, providers must develop an understanding of the precise costs for individual encounters, procedures, and episodes of care, and hone in on specific cost drivers.
Optimizing Care Delivery Through Perioperative Value-Based Care
A focus on value during perioperative care can result in better financial and clinical performance.
Optimizing Physician Referrals: A Key to Successful Population Health Management
Providers should focus on improving quality, reducing costs, and delivering a positive patient experience to stage a high-functioning physician referral network.
Yet One More Legal Attack by Republicans on the ACA
Arguing that the removal of the insurance mandate means Affordable Care Act is no longer a tax, the DOJ has now challenged its constitutionality in court. The author also discusses some of the likely outcomes, depending on the court’s decision.
Rededicating Ourselves to Building a Better Future
HFMA President and CEO Joe Fifer suggests solutions to healthcare finance leaders such as helping shape change, rather than passively observing it, or finding other ways to transition in the industry to avoid change fatigue.
Fostering Innovation in Healthcare Finance
HFMA's 2018-19 Chair, Kevin Brennan, explains that fostering innovation while also maintaining daily operations is a challenge, but that when innovation starts at the top it can grow a culture where change is not feared.