Healthcare’s cybersecurity stakes reach alarming levels
The threats to U.S. healthcare organizations from cyberattacks were already on the rise before COVID-19. But they have grown dramatically as a result of the pandemic. Major contributors to rising risk were the rush to respond to the need for telemedicine services and the shift of many staff to remote workplaces. “Hospitals had to stand…
David Johnson: Rewiring healthcare’s smartest professionals (Hint: It’s not physicians)
I won’t keep you in suspense. Healthcare’s smartest professionals are the tens of thousands of individuals who populate its revenue cycle operations. Revenue cycle professionals determine how much payers fork out and how much providers receive for healthcare treatments. They constitute the beating heart of the nation’s transactional healthcare system. Their ingenuity knows no bounds.…
When it comes to healthcare price transparency regulations, questions abound
A new era for healthcare price transparency has been underway for almost two years, but the potential impact remains murky. Price transparency requirements for hospitals were drafted by CMS during the Trump administration and went into effect Jan. 1, 2021. A companion rule for health plans was set to begin a year later, but the…
Aaron Crane: Poker lessons for healthcare finance
HFMA Chair Aaron Crane believes the game of poker provides valuable lessons for healthcare finance professionals navigating the current industry environment.
Hilda Dalfonso assumes new CFO position
HFMA members Hilda Dalfonso, Jennifer Doll, Kim Hodgkinson and Russ Ranallo were recently named to new healthcare system CFO positions.
HFMA member is thankful for the Association’s impact on her life
Candi Powers, a member of HFMA’s West Virginia Chapter, credits HFMA with changing the trajectory of her life after she became a member in 2005.
Arizona Chapter forges unique partnership
Arizona HFMA Chapter partners with the Diaper Bank of Central Arizona to raise awareness of a critical need and provide needed supplies to low-income families.
How health systems can support underserved patients through in-home care
Finding a way to deliver high-touch care to vulnerable and underserved patients using the patient’s home as the primary point of care has become a strategic priority for providers. The strategic shift to a focus on in-home care for these populations stems from increasing pressure on health systems to lower the cost of care for populations they serve while solving for the challenges presented by social determinants of health.
Less can be more: New considerations for hospital and health system partnerships
A range of affiliation structures and contractual obligations that stop short of full integration can offer an attractive alternative for hospital and health system partnerships contending with difficult operating environments.
Why owning a health plan is a good provider strategy
The trend toward increased ownership of health plans by health systems shows no signs of slowing as health systems are increasingly recognizing the importance of having their primary focus be on health and health outcomes rather than on the number of visits or procedures. A health system leader describes the advantages of health plan ownership and strategic considerations for pursuing this approach.