Joe Fifer: Revenue cycle workforce shortages: Culture is key
HFMA President and CEO Joe Fifer offers perspectives on the revenue cycle workforce shortage.
Spectrum Health leaders create diversity council for CFO-led functions
The new program helps boost CFO division diversity by 4 percentage points in a year and a half.
Gail Wilensky: Labor issues dominate hospitals’ concerns
The first quarter of 2022 saw a confluence of trends emerging from the pandemic, some good and some bad for hospitals, making it important for hospitals to take time now to review where they are and what actions they should take to address these trends.
Paul Keckley: PE investing trends healthcare finance leaders need to watch
As healthcare finance professionals in traditional health settings focus on managing their organizations’ capital commitments and evaluating direct investments in private equity funds to enhance non-operating income, they should monitor two megatrends, involving “Big private equity” and special-purpose acquisition companies (SPACs).
Marcus Whitney: 3 healthcare innovation trends that leaders should keep an eye on
The workforce shortage, the behavioral health movement and value-based care are areas with the most momentum among early-stage investors.
How an internal travel pool for nurses is helping one health system address the staffing challenges that will linger after the pandemic
Novant Health has been ahead of the curve as health systems set up internal travel pools in the hope of attaining a greater level of nurse staffing certainty.
News Briefs: Federal funding bill addresses hospitals’ 340B eligibility concerns, extends telehealth waivers
A monthly roundup of top news for healthcare finance professionals.
5 ways the ERM playbook for health systems is due for a rewrite
Business risk for health systems has continued to evolve amid huge changes affecting the industry, including those driven by COVID-19. Health system leaders should respond by revisiting their approach to enterprise risk management (ERM) to focus on five areas of risk where their ability to deliver healthcare cost effectively could be compromised: Labor shortages, capital planning amid ongoing change, energy consumption, cyber security and price transparency.
Angie Swearingen named COO at St. Mary’s Medical Center
Angie Swearingen was promoted to COO at St. Mary’s Medical Center. Richard Chesnos is retiring as CFO of St. Clair Health, and Eric Luttringer will succeed him.
Chapter’s essential spreadsheet skills training goes regional
HFMA’s Hudson Valley Chapter has been providing members with Excel training for more than 20 years. The program was so popular, it’s now offered regionwide.