HFMA, it’s time for action!
We’ve all been in situations where the time was right, where conditions were optimal or good enough to suggest the best opportunity for action. Growing up on a dairy farm, I learned early that nature exerted a stronger hand on our schedules and work than anything humans could muster. Weather was, of course, a constant…
Marcus Whitney: Banking struggles are limiting healthcare innovation
T here has not been much ado in the healthcare world about the failure of Silicon Valley Bank (SVB), but maybe there should be. Once considered the go-to bank for startups, SVB was the target of a bank run March 9 driven by news of their held-to- maturity bonds being underwater, and it was taken over by…
Mayo Clinic CFO Dennis Dahlen preparing for his year as HFMA’s National Chair
After several decades spent making an impact at the healthcare organizational level, Dennis Dahlen is moving into a prime position to use his expertise for the benefit of stakeholders across the industry. The opportunity could not come at a more important juncture. The urgency is reflected in Dahlen’s theme for the new fiscal year, which…
Multiple certifications earned by 37
A total of 2,079 people earned HFMA certifications from Jan. 1 through March 31, with 37 earning multiple certifications. The HFMA certifications are as follows: Certified Healthcare Financial Professional (CHFP), Certified Revenue Cycle Representative (CRCR), Certified Revenue Cycle Representative (CRCR) – GCC, Certified Specialist Accounting & Finance (CSAF), Certified Specialist Business Intelligence (CSBI), Certified Specialist…
Joe Fifer: A key takeaway from my long career
My last column. I have rewritten it dozens of times in my head. I couldn’t settle on a thought or a theme that seemed appropriate. Then I remembered the HFMA board dinner with Sue Petru, a past National Board member. The occasion was our winter board retreat in Tampa this year. It’s our custom to invite…
Inside HFMA: 100,000th member reflects on value of HFMA enterprise membership
For LaTasha Bowen, membership in HFMA is synonymous with opportunity — but it’s an opportunity she might not have received without the Association’s enterprise membership program. Bowen is revenue cycle manager for Hughston Clinic, a Columbus, Georgia, medical group specializing in musculoskeletal disorders. While the clinic had been part of HFMA’s MAP Keys program for…
Ann Jordan named HFMA’s new president and CEO
Ann Jordan, JD, begins her tenure as HFMA’s new president and CEO on June 6, becoming the first female executive at the Association’s helm during its 77-year history. “This is an incredibly dynamic time for healthcare finance professionals,” said Jordan in an April 5 news release. “I am honored for the opportunity to join HFMA…
Ken Perez: 3 strategic options hospitals can use to repair today’s negative margins
The year 2022 has been characterized by some economists as being the worst financial year for U.S. hospitals in decades as expense growth has outpaced revenue increases. As a result, many hospitals and health systems have a pressing need to launch initiatives that can effectively repair their negative operating margins.a Labor shortages and inflation demand…
6 actions for physician practices on signing risk-based contracts
Physician practices are continuing to make the move into value-based payment, and for many, such contracts will present a substantial learning curve.
Chapter News: Northern California Chapter’s new award honors outstanding women
The Northern California Chapter’s annual women’s conferences have always been popular events. And this year’s conference, which took place May 5 at the Crow Canyon Country Club in Danville, California, was especially celebratory. That’s because the Chapter marked the event’s 10th anniversary by introducing a new award recognizing women leaders. “Our Chapter wanted to develop…